Chapter 206 Two patents
Considering that this "smartwatch" R&D company has achieved nothing in recent years.
Penguin has grown from a market capitalization of a few million dollars to a valuation of hundreds of millions of dollars, and it has managed to grow from tens of millions of dollars in assets to a junk company that no one wants to take over, and Su Mu has little hope for the usefulness of these patents.
Bart was still young, and after his parents died in a fire a few years ago, he received an inheritance of more than $20 million and came to Silicon Valley to start a business in high spirits, when electronic watches were extremely popular, thinking they were the future.
It turns out that smartwatches are a dead end these days.
Tossed for several years, only leaving Bart with dozens of prototypes, as well as these R&D patents, which could not even be realized in mass production and listing, leaving millions of dollars of wealth, he planned to go home and enjoy life in peace, and no longer continue to squander all his assets, and his enthusiasm had long been exhausted.
Su Mu took the things he handed him, in addition to the folder, there was also a black electronic watch, stood up and stretched out his hand: "Please take a seat, Mr. Bart, this is the final product of your company?"
"No, no, no, it's far from it! It's just a defective product, it's still far from my goal, and it's not smart to finish!"
When he shook hands with Su Mu and said this, Bart sat down, his spirit seemed to be drained, and his tone was lazy: "I originally wanted it to have an operating system, it can make phone calls, and I have studied many technologies, but now it can only handle simple arithmetic problems."
An electronic watch with a calculator that doesn't sound cool at all, it's almost like a joke...... It's not enough to just press the button, you can push it up, there is a keyboard at the bottom, who would want to wear a watch of more than 300 grams in their hands. β
He was laughing at himself, seeing this large watch five centimeters long and four centimeters wide, he was extremely unhappy, and regretted spending so much money to make such a strange product.
has been a neighbor for several years, but Su Mu has never been clear about what their company is researching, and at this moment he pushed the upper cover flat, revealing the keyboard below, which is similar to the button keyboard of the mobile phone, and suddenly became interested.
Because Su Mu suddenly thought that if this technology is used on mobile phones, the volume of mobile phones can be greatly reduced, maybe it can be reduced by one-third, or even about one-half, and the display screen and other accessories can be separated.
This appearance technology patent alone makes Su Mu willing to spend 500,000 US dollars to buy it and show it to companies such as Motorola, maybe it can be sold at a good price, and it is quite promising to make one or two million.
Quietly, the document bag containing the patent was opened, and on a stack of paper inside, a brief description of the patent was written, such as a trademark patent, a design patent, etc., with detailed pictures.
I'm not interested in these.,Su Mu rummaged for a while.,Finally, I found the "side-push screen patent" inside.,The technology is not difficult.,It's a kind of appearance patent.,It was registered as early as 1986.,It's estimated that it's worried about being imitated.,The side-pushing methods in the four directions of up and down, left and right have been registeredγ
I can't help but feel that Bart is not as smart as he imagined, and I don't understand why he has to hang himself on the tree of "smart watch", many technologies are suitable for use in mobile phones, such as this smart watch at hand, after removing the strap and installing some technology, it is clearly a mobile phone that displays the time!
Companies such as Motorola and Siemens have long monopolized the main patents for manufacturing mobile phones, and have made huge profits as a result, with many manufacturers paying them royalties, and dozens of mobile phone manufacturers have emerged one after another.
I hadn't thought about this before, but now Su Mu thought that since he could make computers, why couldn't he expand his business scope, just like purchasing parts to produce computers, to produce mobile phones, logistics and sales channels were ready-made, and no one stipulated that retail stores that sold computers could only sell computers.
In this era, personal computers and mobile phones are the two most popular electronic products, containing unlimited business opportunities.
It's just a general idea, Su Mu thinks it is necessary to think about it, continue to look through the documents, and stay at the moment on a patent called "Transparent Capacitance Group Using Touch Sensors Superimposed on CRT", many professional terms are incomprehensible, English words indicate specific meanings, and non-professional people check these scientific materials, it is necessary to put a dictionary at hand, and look it up while reading.
There are some technical terms that he can't understand, but it doesn't prevent him from figuring out what this technology is used for - touching it on the screen with his hand and asking the machine to respond to the user's gestures!
It is more accurate to call it "multi-touch screen technology", which opened the door to a new world for Su Mu, before that, he never understood why the mobile phone screens in the market are so big, such as a product called "iPhoneX", adding physical buttons next to such a large screen, how to think about it is strange.
Forgive him for his rich imagination, after all, he has never seen what the future will look like, and he always thought that he would have to add a keyboard next to such a large screen, otherwise he would not be able to think of how to enter words and numbers.
Today, Mr. Bart, who has been committed to mobile phone technology for a long time, is housed in a small watch, and inadvertently teaches Su Mu a lesson, which makes him change his rigid way of thinking, and finds that the mobile phone buttons do not have to be connected to the screen, they can be placed underneath, and he also knows that he can enter instructions on the screen with his fingers, and even the physical keyboard can be discarded.
This made Su Mu feel that touch technology should be the future development trend, when the future mobile phone enters the intelligent era, touch screen technology should mostly reach a very advanced level, immediately came to interest, took out this patent and asked Bart to say: "Is it in your company?"
"Touchscreen?"
"It came into the '60s, when I was a student at the University of Toronto, my mentor was working on this technology, and then a technician who left Bell Labs improved it, and in 1984 I bought the patent for a million dollars," Bhart said.
If it weren't for this patent, I wouldn't have thought of implementing command operation on a watch, so I developed a special small pen to press numbers on the screen, but unfortunately it is not practical and the cost is too high. β
Su Mu couldn't make up his mind, but the patent worth one million at that time was now packaged together, and if the company was included, it would only cost 500,000 US dollars, and he would probably not lose much if he bought it himself.
Among the entire patents, he found only these two items interesting, and immediately decided: "Even if the cost is high, the current computer mouse is also very convenient, how long will the lease of your company's floor expire?"
"Well, there's still more than a year. β
"Bart, I'm not interested in your company, I'm going to expand it lately, transfer your lease to me, pay you a total of $300,000, and sell me these patents.
Only the touch screen is a little useful, and nothing else is useful, and you know this better than anyone else, and the whole Silicon Valley is your company researching smart watches, and I don't think anyone will want to take it over except me. β
As early as August last year, there was news that their company was about to go bankrupt, and now that the employees are gone, the upstairs office building has been idle for a long time, and Bart belongs to the commander of the light pole.
Su Mu knows very well that no one wants to take over his company, there are companies in the Silicon Valley area that fail every day, and failure means failure, who would pay attention to a company that has no advantage.
300,000 is already a conscience price, Bart didn't even have the intention of negotiating, he just wanted to change hands early, and then leave this sad place from Silicon Valley, replying: "300,000, OK, trade today? My lawyer was fired by me, you can let the lawyer come over." β
Penguin has legal counsel, and Su Mu is also happy, so he picked up the phone and asked the law firm to send someone to come over and draw up the equity and patent transfer agreement, and as for the office building sublease agreement, it should be handled by contacting the management company of the building.
It just happened that he was going to rent an office building, Bart went upstairs to pack his things, and when he left his office, his back was bleak no matter how he looked at it, and there were hundreds of millions of dollars in "gambling and losing" in Silicon Valley, Su Mu just sighed slightly, and forgot about it in a blink of an eye.
There is not so much spare time to pity others, everyone is starting a business, if it does not continue to grow and develop, the next to fall may be Spider, or Penguin, and a new project will be launched recently, and it is possible that Su Mu himself will lose the bet.
He didn't laugh at Bart, in this era, before the real failure, no one can be sure whether the idea is right or not, they are groping forward, they can only say that the vision and luck are not good, maybe a project fails, the second project can soar, Silicon Valley is full of uncertainty.
After writing a thank-you note, he called Thompson, a lawyer in New York, and asked, "My dear barrister, how is the case prepared?
"I've called you several times, but I can't get through, and I learned from Senna that you're on vacation to Hawaii!" Thompson said angrily.
β...... Sorry, I misunderstood you, but the mobile phone signal is better than it was a few years ago, but you know, it's still hard to get a signal in Hawaii, which is too far from land. β
"I've taken time off to get ready, and now I'm driving to New York City Hall to get permission to renovate and maintain the Empire State Building, and the mayor graduated from the same school as me, and we've met a few times at the party, and I think he'll say yes.
I've looked for similar case files, but I don't even have a single one, so I don't know what the judge will decide, but you agreed to accept an out-of-court settlement, right? If things don't go well, I don't want to continue the trial knowing that I will lose. β
While Su Mu pushed the Empire State Building United Company to a dead end, he may also need to pay tens of millions of dollars, or even 200 million dollars, after hearing this, he told with a smile: "This is the meaning of me spending money to hire you, to help me get the best benefits, if it really doesn't work, I will try to settle out of court, are you satisfied?"
Lawyer Thompson replied: "Well, quite satisfied, the pressure is much less all of a sudden, at least there is one more way out......