Aberdeen Asset Management, the joint financial adviser to Kwok's Hong Kong Silver Island Trading Company, formally submitted a non-binding letter of intent to ARM for a price of £5.55-5.95 per share, with an offer of £4.8-£5.1 per share if ARM spun off its Elken computer business, and requested ARM to provide materials to understand and evaluate its situation and performance.

At this time, Guo Dongyun has reached an agreement with the Italian Olivetti Group that once Hong Kong Silver Island Trading successfully acquires ARM, it will take a stake in Omnitel, a subsidiary of the Olivetti Group, to operate mobile communications together.

This is the last condition proposed by the Olivetti Group, and the rapid expansion of the whole industry chain, coupled with the gold-swallowing giant of Omnitel mobile communications, has overwhelmed Olivetti.

At the same time, Hong Kong's Silver Island Trading Company acquired a 20% stake in the company from Apple Inc. of the United States for $9 million.

As for VLSI, a small company that is still in the state, Guo Dongyun directly acquired it for $6 million.

After Li He heard this, he thought that he was hallucinating, which meant that he might get the technology of the VLSI circuit.

The so-called integrated circuit, to put it crudely speaking, is to find a way to stuff tens of thousands or even tens of millions of transistors and diode devices into a semiconductor single crystal, making it a chip with specific circuit or system functions.

Before the use of integrated circuits, the world's first computer, ENIAC, appeared in the United States in 1946, which weighed more than 30 tons, covered an area of more than 150 square meters, and consisted of 17,468 tubes, 60,000 resistors, 10,000 capacitors, and 6,000 switches.

The use of integrated circuit technology can be used to "integrate" an electronic subsystem or even the entire electronic system on a chip to complete a variety of functions such as information collection, processing, and storage.

So with the advancement of technology, the volume of various electronic products is getting smaller and lighter.

In 1959, Fairchild Semiconductor, which first commercialized integrated circuit technology, has incubated many industry giants, including Intel, AMD, National Semiconductor, LSI Logic, Intersil, Altera, and Xilinx.

Among them, VLSI is one of the few companies in the world that has VLSI technology, including VLSI technology.

However, there is no such thing as a victorious general. After that, after fierce competition in the semiconductor industry, most of them are half-dead except for Intel and memory and other manufacturers, VLSI is just a flash in the pan, and even nec, which has been the first place, has been squeezed out of the top ten.

Li He is very afraid that his joining will bring big changes to VLSI, he doesn't care if VLSI dies or not, it doesn't matter if he dies early or later, what he cares about is whether VLSI can develop VLSI technology in the end!

The major shareholders have basically nodded their heads to agree to the acquisition of ARM by Hong Kong Silver Island Trading, and the ARM management had to express their willingness to discuss the acquisition, and after the parties signed a confidentiality agreement, they provided relevant materials to Silver Island Trading, and the management made a presentation of the company.

ARM held its regular annual general meeting of shareholders, and some minority shareholders reduced their holdings to raise the offer to £6.2 per share.

But Barclays, ARM's M&A finance adviser, said at the board meeting that the cash offer price of £5.91 per share was a fair price from a financial perspective.

Barclays' fairness opinion settled the dispute for most people.

The closing conditions for the final merger to close included the approval of a general meeting of shareholders and the provision of £130 million in debt financing to ARM in addition to the £45 million share acquisition.

In the financial war with Soros, the whole of Britain and even the whole world has already known that Silver Island trade has money, and if ARM does not take the opportunity to open his mouth, it will be unreasonable.

As expected by Guo Dongyun and others, Li He agreed, and he generously provided no more than 10% of the total options to the founders and researcher shareholders.

Maintain the basic business of ARM, retain the existing management and business model of providing licenses to external chip design companies.

However, Li He has a different opinion on taking a stake in Omnitel.

He didn't want to be just a small shareholder, he asked for a controlling stake, and Olivetti naturally refused without hesitation.

He went on to offer Omnitel secured loan funds to help with large-scale telecom mergers and acquisitions in Europe and compete with telecom giants such as Odyssey, Deutsche Telekom, France Telecom, Telecom Italia and Vodafone.

In his mind, the most valuable thing is Omnitel's telecommunications operation license, and he is a drunkard who does not mean to drink. When he suddenly thought of a Finnish company from mobile communication.

He was so frightened that he almost forgot about Nokia, which was now on the verge of bankruptcy and later became the world's largest telecommunications equipment manufacturer.

He needed to use the Omnitel shell to buy Nokia.

With such generous conditions, Olivetti had no reason not to agree, and they sold 70% of their shares for $49 million. Olivetti Chairman Benatiti himself is also the Managing Director of Omnitel.

In the name of its wholly-owned subsidiary, Latvian Dartz Motors, Li He provided a $900 million secured loan to Omnitel Mobile Communications, financed by UBS.

From beginning to end, it has nothing to do with China.

After having money, Benatiti personally rushed to Finland, and he was also very interested in the GSM mobile phone produced by Nokia.

He is full of confidence because Guo Dongyun has assured him that as long as he can acquire Nokia, it doesn't matter how much money he has.

ARM founder Horser annexed VLSI under Guo Dongyun's arrangement, and then signed an intellectual property cross-licensing agreement with Russia's Betlerev chip factory and negotiated an OEM agreement.

His confidence swelled, his appetite was great, and he was arranged by Guo Dongyun to go to the United States without any resistance, holding a lot of banknotes in his hand, and waving a knife to Nvidia!

He has more confidence in the graphics processor than anyone else!

Li He's current goal is to make the chip and telecom business the first!

He didn't dare to guarantee the chip business, after all, there was no big advantage, only a lot of money.

But for telecommunications and telecommunications equipment, he is a little hopeful, if Omnitel can buy Nokia, it will be his trump card, and he also has Sun Softsilver's hole card.

If he has the opportunity to meet Ren Hua in the future, he doesn't mind handing over Omnitel to Ren Huawei.

Guo Dongyun is busy, Shen Daoru is not idle, the reason why he took the initiative to follow Li He this time is because the main purpose is to buy land and buildings. After tasting the sweetness of real estate, he refused to let go of it more and more.

And this pound crisis is a rare opportunity for him to buy the bottom.

For the first time, he bought Lloyd's House, a landmark building in the City of London, for £156 million from Lloyd's Insurance Company, the largest insurance agency in the United Kingdom, through a real estate broker, which not only serves as an increase in value, but also serves as the headquarters of the British branch of the Grand Group.

Li He asked him with a smile, "Such a big insurance company should have an annual premium of three or four billion US dollars, right?

In the world's insurance industry, the most famous, the most reputable, the richest capital, the longest history, the most profitable is the British "Lloyd" insurance company, how can it be a seller to live.

Shen Daoru said with a smile, "Their family has been relatively unlucky in the past ten years, starting in 1983, 28 of the passenger planes they insured had accidents, which cost 300 million." The following year, they contracted three US telecommunications satellites, but this time they were even more unlucky; the satellite launch failed, and all three of them failed, with an insured amount of 1.8 billion! During the Iran-Iraq war, they reported again for the oil tankers entering and leaving the Persian Gulf! This time it was not easy, and they lost nearly 600 million yuan before and after! Another US computer company lost 400 million yuan according to its computer failure!

"Lose money to buy credibility, value. Li He was a little admired.

He took a copy of the information from Shen Daoru's hand, and took a serious look at it driven by curiosity.

He was most interested in the insurance company's unique organizational structure, which was neither an individual nor a joint-stock company in its usual form, but a consortium of 430 syndicates, a consortium of more than 26,000 members in more than 50 countries around the world. [.]