Chapter 694: Acquisition of Wang An Computer (4000+ chapters, ask for subscription~)
The development of Tunan technology makes Wu Jianye feel a little headache when he thinks about it!
If you want to say that Tunan Technology makes money, it is a real earning, with the advantage of high quality and low price, it can be said that it is the largest technology company in Southeast Asia.
Whether it is his computer, notebook, or Tunan 1200 (a new mobile phone brand launched this year!), it firmly occupies the first place in the sales list of Southeast Asian countries.
IBM, Apple, Motorola and other companies can only be Tunan's younger brother in Southeast Asia, but Tunan's sales in Europe and the United States have always been tepid.
In the hearts of consumers in Europe and the United States and other countries, the products of Tunan Technology are not as good as the products of the above companies.
At the same time, the funds spent by Tunan Technology on product innovation and research every year are a bottomless pit, from the initial annual R&D investment of 200 million US dollars, to now it has risen to nearly 400 million US dollars per year R&D investment, which is not something that anyone can afford to spend!
According to Zhou Tao's report, many people in the company are now dissatisfied with the funds invested in R&D for scientific research projects!
However, Wu Jianye knows that in the future development trend of science and technology, that is, who has mastered more technology, who will have more right to speak, the weakening of ZTE is a lesson, Wu Jianye is naturally impossible for the company to reduce the development of scientific research.
Compared with very Coke and LUCK Sports, Tunan Technology's products entered the European and American markets earlier, but the results have just been said.
Chen Haichao heard Wu Jianye say this, his face was also a little unbearable, the company had already said before, the most important market for Tunan Technology's products at this stage is actually the European and American market, but now after two years of hard work, they still have not completely opened the European and American markets, which is indeed their own problem.
"Director Wu, this is my mistake!" Chen Haichao said.
At this time, everyone was used to calling Wu Jianye Director Wu.
Wu Jianye waved his hand and said: "This matter is not your problem alone, it is caused by the market's low trust in Tunan's technology products, and I called you over this time in the hope that this problem can be solved!"
Chen Haichao hurriedly looked at Wu Jianye and asked, "Director Wu, what should we do?"
Wu Jianye said: "You know the Wang An computer in North America!"
Chen Haichao nodded hurriedly and said, "Of course I know, a computer company that was once enough to compete with IBM!"
In North America in the seventies and eighties, there was a computer company founded by a Chinese that could compete with IBM, that is, Wang An Computer, founded by Wang An, a Chinese!
In 1945, 24-year-old Wang An first came to North America and went to IBM to be launched, and the interviewer looked at this yellow-skinned face and said: IBM is the best company in the United States, and this is not suitable for you, you should find an auto repair shop to try.
Wang An, who was born in Shanghai, is a genius when he urinates. He was admitted to Jiaotong University (now Shanghai Jiaotong University) at the age of 16, and at the age of 20, he led his team to hide in the mountains of Guilin, study radio communication equipment, and provide backup for the Anti-Japanese War.
After the victory of the Anti-Japanese War, he was sent to the United States to study for a master's degree at Harvard University, and in the first semester, his course grades were all A+.
After walking out of IBM, Wang An, full of anger, returned to Harvard. He earned a master's degree and a Ph.D. in applied physics in three years, and was recruited by Howard Aiken to the computer science lab at Harvard University.
ICON developed the world's first mainframe computer, Mark I., and is known as the "father of computers". At that time, the pioneer was struggling with the storage problem of computers.
Storage is the heart of a computer. The bloated Mark I. couldn't be moved, and the storage device became the key. Aiken and his team tried various methods, but they were unable to solve the problem until Wang An was born.
Less than 20 days after joining the laboratory, Wang An solved this problem theoretically.
He discovered that the principle of magnetic field vibration could be applied to computer storage systems, and based on this, he invented magnetic core memory.
This invention changed the history of the computer industry. It greatly reduces the size of computers, allowing computers to move from scientific research to commercial applications.
At the time of the invention of the magnetic core memory, Wang An was still a non-staff member and had not passed the probationary period. Aiken hurriedly helped him become a regular and raised his salary a lot, hoping to keep this genius.
Wang An did not stay in the laboratory, but chose to start his own business.
In 1951, when Wang Ann left Harvard, he rented a garage and set up Wang Ann's laboratory, which sold magnetic core memory for $4 a unit.
IBM, which used to be disdainful of Wang An, immediately heard about it. The latter handed over a high-paying contract and invited Wang An to become a corporate consultant. The Chinese young man who was ruthlessly ridiculed by the interviewer has become a high position in this giant.
With core memory, IBM began to practice the commercial field of computers on a large scale, and identified it as a core business in the future. They decided to buy the patent and keep it firmly in their hands.
At first, Wang An didn't plan to sell, but his lab was in dire need of money to operate, and no other company except IBM was interested in this out-of-time product.
IBM proposed a patent fee of $2.5 million, but quickly changed its tune and lowered the price to $500,000.
While making a lot of money with his own inventions and suppressing patent fees, Wang An was once again angered by IBM and confronted him in court. But in front of IBM, he was a fledgling after all, and after the protracted lawsuit, Wang An had to compromise.
The sale is done, but the "benevolence" is not there. Wang An, who got 500,000 yuan, decided to invent more products and repel IBM on the frontal battlefield.
In 1955, he founded Wang An Computer Company, and in the following 30 years, these two awkward Chinese characters became well-known terms in the computer field in the United States.
In 1967, Wang decided to issue $2.5 million in stock to pay off his debts. What he didn't expect was that this last resort would be wildly sought after by Wall Street.
When the company went public, the stock was offered at $12.5, and at the end of the day, the stock price climbed to a staggering $40.5, and within hours, 400,000 shares were snapped up.
Overnight, Wang An's net worth soared by $50 million, making him a super-rich.
In November 1971, Wang introduced the 1200 computer, a typewriter with retrieval and editing functions, which was much better than the original IBM product.
This product has attracted a lot of attention from the press and IBM. According to the report, Thomas Watson, Jr., the chairman of IBM, who was hospitalized due to myocardial infarction, was furious after seeing the news in the newspaper, and scolded the assistant for not reporting relevant information in advance.
The 1200 computer upset Watson, and Wang's next work made IBM panic.
On the basis of the 1200 type, Wang An soon launched a revolutionary product, the WPS processor.
When WPS debuted at the New York City Fair, attendees were stunned. They saw the process of editing the text from the screen, which at the time was simply incredible.
At the end of the exhibition, the office in the United States began to be renovated. From the White House to the enterprise, WPS fully took over IBM's territory, and that year, Wang An's company's turnover exceeded 100 million US dollars.
From the late 70s to the mid-80s of the last century, Wang An Computer and IBM exchanged fire on various fronts, winning and losing each other.
In 1986, Wang An defeated IBM and signed a $480 million super order for the U.S. Air Force. It is widely believed that the tech empire will expand rapidly in the coming years.
It was the most glorious year of Wang An's life.
He was selected as one of the 12 most outstanding immigrants in the nation at the 100th anniversary of the Statue of Liberty, topping the list and receiving the Presidential Medal for Freedom from President Ronald Reagan.
In the same year, Wang An returned to China and was received by the old man.
He was inducted into the American Inventors Hall of Fame as an inventor and shared the honor with Edison, and he landed on the rich list as a capitalist, alongside century-old giants like Rockefeller. That year, Wang An's computer's revenue was as high as 3 billion US dollars.
But under the prosperity, the crisis has quietly arrived. No one expected that this popular technology empire was facing extinction.
Wang An's "rise to the top" comes at a time when another tech hero in the United States, who specializes in PCs and gives the company an alternative name - Apple.
At that time, Wang An was very disdainful of the PC, so that he lost the opportunity in the computer field, and then it was a wrong step, a wrong step, in order to confront IBM, Wang An even chose his own products and IBM incompatible, and wanted to fight the whole trend with his own strength, which obviously made Wang An computer fall into a crisis.
Later, when Wang An grew old, he handed over the management of the company to his son Wang Lie!
However, the fact that the tiger father has no dog son has not been verified in Wang An's body, Wang Lie's succession was not only criticized by the company's management, but also Wang Lie began to kill chickens and eggs in order to make up for the company's losses, greatly increasing the cost of the company's software, and constantly making money on old customers. A customer will pay $175 for a single consultation call.
This has also led to the loss of the company's management and scientific research talents, you must know that in the heyday of Wang An's company, its talent pool was even envied by IBM.
At the same time, in its heyday, Wang An Computer took out 700 million US dollars as scientific research expenses......
In just five years, Wang An Computer, which was once invincible, has changed from the most sought-after computer company to a company that no one cares about.
By next year, they will even have to file for bankruptcy protection.......
Bill Gates once said that if Wang An can complete the second strategic turn, there may not be Microsoft in the world, and he will not become a technology icon, but a teacher or a lawyer.
"This time I asked you to come over to let Tunan Technology acquire Wang An Computer!" Wu Jianye said the reason why he asked Chen Haichao to come to Los Angeles.
This is also the method that Wu Jianye has thought about for a long time, the xenophobia of North America is too strong, especially in this high-tech field, they have always believed that they are the strongest, and there is no credibility to foreign products at all, if you simply rely on the brand of Tunan Technology, it is difficult to open the European and American markets.
In other words, if Tunan Technology wants to open the European and American markets, it must have the support of a local brand.
Although Wang An Computer seems to be weakened now, after all, they have created brilliance in North America, and they also have perfect distribution channels, and more importantly, although Wang An Computer has experienced major layoffs, their talent pool is still top!
If Wang An computer can be included in the bag, then for Tunan Technology, it will greatly increase their popularity and development potential in the North American market!
Chen Haichao naturally knew the name of Wang An Computer, and now when he heard that Wu Jianye actually wanted to buy Wang An Computer, he immediately showed an excited expression.
"Director Wu, if I can really acquire Wang An Computer, I am confident that I will lead Tunan Technology's products to completely open up the European and American markets!"
Wu Jianye nodded and said: "The market value of Wang An Computer has fallen from 5.6 billion US dollars at its peak to 100 million US dollars now, this is our opportunity, take advantage of the fact that Wang An Computer has not sold its patent rights now, immediately contact Wang Lie and propose to acquire it!"
Zhou Tao added next to him: "The group's Yaoguang Investment will help you complete this acquisition!"
With the approval of the two bosses, Chen Haichao's heart immediately surged with thousands of pride, and he promised: "Don't worry, I promise to complete this task!"
Wu Jianye nodded, and said: "After controlling Wang An Computer, don't delist Wang An Computer from the market and privatize it like other companies, since you want to use the influence of Wang An Computer to promote the products of Tunan Technology to the European and American markets, then you have to give American consumers a wrong situation, Tunan Technology's products are North American products!"
Now it is not a difficult thing to control Wang An's computer, in Wu Jianye's view, he is a key that can help Tunan Technology open the situation in Europe and the United States, but in the eyes of those investors, Wang An's computer stock has already become a chicken rib.
As long as the price is right, they will definitely sell their shares.
Wu Jianye continued: "After the completion of the acquisition, the scientific research department of Wang An Computer will be merged into the scientific research department of Tunan Technology, and only the company's core business ....... will be retained."
Subsequently, Wu Jianye told Chen Haichao about a series of plans after the company acquired Wang An Computer.
In fact, Tu Nan Technology bought Wang An Computer, although it will not be delisted, but through a series of operations, Wang An Computer will also be made into a leather bag company, only responsible for the promotion of Tu Nan Technology products.
That is to say, when Tunan Technology's products enter the European and American markets in the future, they will be put on the shell of Wang An's computer, giving North American consumers a wrong lead.......
Of course, the plan involved in this is a very cumbersome plan, after Ding Cuicui and Zhao Chengzhi left Wu Jianye's study, Wu Jianye, Zhou Tao, and Chen Haichao discussed it for a long time before they made a preliminary plan.
By the time Chen Haichao left the study, it was already early in the morning.
At night, Zhou Tao naturally stayed at the manor, and he also had his own property in Los Angeles, but now neither he nor Wu Jianye had anyone to accompany him, so he didn't bother to go back.
After chatting with Wu Jianye for a while, the two went back to their rooms to sleep!
In the next few days, Ding Cuicui, Zhao Chengzhi, and Chen Haichao were busy with their own things, while Wu Jianye and Zhou Tao were busy and went to Las Vegas for leisure!