Qualcomm's board of directors was solemn.

Owen Jacob said with a calm face: "Cisco has given us an ultimatum, and we must reply to them in three days! In addition, Qualcomm has been in a very bad situation recently, and it is said that ATamp; Company T is working with other telecom companies to block us!"

After speaking, everyone looked at each other and discussed.

"We have just been sued for rights infringement and now ATamp; Company T is going to ban us again?"

"yes, what should I do?"

Owen Jacob glanced at everyone, stood up, and said, "I recommend joining Cisco as soon as possible and then promoting our technology!"

"Jacob, what will Cisco give us?" one of them asked.

Jacob shook his head and said, "I haven't talked about the specifics yet, but they promise that after the acquisition of Qualcomm, they will maintain the independence of Qualcomm, and Qualcomm's treatment is the same as Cisco's, and they enjoy option awards!"

"Now, I have to join Cisco. I agree with Qualcomm joining Cisco!," said one shareholder.

"I agree too!!"

“……”

Owen Jacob looked at the number of votes, and most of them agreed to merge Qualcomm into Cisco, so he said, "Okay, then we'll formally negotiate with Cisco right away!"

Immediately after the meeting, Owen Jacob called John Chambers and told him that Qualcomm had agreed to merge into Cisco, but the specific conditions had to be discussed in detail!

John Chambers acted quickly, immediately assembled a negotiation team, and met with Qualcomm the next day.

"Mr. Jacob, this is the condition that our Cisco company has offered you!" After John Chambers and his party arrived at Qualcomm, they immediately handed the printed document to Owen Jacob and other senior personnel, and said, "We Cisco invested $100 million in financing Qualcomm and held 70% of the shares. In fact, with Qualcomm's current situation, it is not worth 100 million at all, but we are optimistic about its future development, so we are willing to give so much! If you think there is no problem, we can sign the contract immediately!"

Owen Jacob and others were very shocked by the conditions offered by Cisco, and if the CDMA technology was promoted, Cisco would offer this price, and Qualcomm and others would be no exception. But now, Qualcomm is obviously in difficulty, and Cisco did not take advantage of the fire to rob and deliberately underestimated the price, which is really touching!

Owen Jacob and the others did not speak, looking at each other. Before the formal meeting, they had speculated about what conditions Cisco would offer Qualcomm, and they believed that the best condition might be $50 million to take a controlling stake in Qualcomm. But Cisco directly offered 100 million US dollars, which shocked everyone!

"Mr. Chambers, may we deliberate before making a decision?" said Owen Jacob.

John Chambers smiled, "Of course, then we'll be outside waiting for your news!" said Cisco's team as they stood up and walked out of the conference room.

As soon as the Cisco team left the room, Owen Jacob said, "What do you think of the conditions?"

"I think it's very good, it's just that they're asking for 70 percent of the shares, which is a bit too much!" said one of them.

"I think it's acceptable, if Qualcomm has 100 million dollars, we can develop more advanced technology, and we can even design our own chips!"

There was a lot of discussion in the meeting room.

However, the temptation of $100 million is not small, and in the end, Qualcomm decided to agree to Cisco's conditions by one more vote!

Then, Owen Jacob called in John Chambers and the others, and said, "Mr. Chambers, we at Qualcomm have finally decided to agree to Cisco's terms!!

John Chambers was overjoyed and smiled, "In that case, let's sign the contract now!"

"No problem!"

Immediately, Cisco signed a contract with Qualcomm.

The next day, Cisco CEO John Chambers announced: "On the afternoon of February 27, 1990, Cisco and Qualcomm formally signed a contract to invest $100 million in Qualcomm and hold 70% of the shares!! Cisco MCI, a subsidiary of Cisco, will build 1,008 signal towers in the United States to fully support CDMA technology !!."

Immediately after Cisco's announcement, it sent invitations to a number of world-renowned mobile phone manufacturers, and a month later, it participated in Cisco's Technology Licensing Conference!

If &nbA technology wants to become a standard, the attitude of mobile phone manufacturers is very important. If they support it, it's half the battle!

After the Qualcomm acquisition, Henry breathed a sigh of relief. When I had nothing to do, I picked up the newspaper and read it. A piece of news immediately caught his attention!

"On February 20, 1990, Apple invested in ARM, the chip design division of Acorn Computer Company in the United Kingdom, to ensure the supply of chips for its Newton handheld computer!" Today, Acorn Computer has not spun off ARM and created a separate company. But it will be in 1991, so invest early!

That allows Qualcomm to acquire ARM, just in time to design CDMA chips!

The thought of this made Henry excited, as if he had seen a stripper scratching her head and pole dancing in front of her!!

Ho Ho !!!!

Henry immediately called Qualcomm CEO Owen Jacob (chairman of course became Henry), "Owen Jacob, hello, I'm Henry Williams!"

"Oh, Mr. Williams, hello!"

Henry said solemnly: "Mr. Jacob, I now suggest that you acquire a chip design department under the British Acorn computer company, I think that Qualcomm can design its own chips in the next step!"

&nb?processor chips designed specifically for reduced instruction sets?"

"That's right! ARM has great potential, this kind of reduced instruction set, with high power efficiency, low energy consumption, especially suitable for mobile phone chips! For Qualcomm, if the acquisition of ARM, it will be like a tiger with wings!"

After Henry finished speaking, Owen Jacob pondered for a moment, and then replied: "Mr. Williams, I will then arrange for people to go to the United Kingdom and acquire the ARM division!"

"Well, that's good! You're busy, I'll hang up the phone!"

Henry hung up the phone, thinking in his heart, Qualcomm and Arm only have design departments, no factories to produce chips, it seems that if you have money in the future, you have to build your own wafer factory and establish your own production base!! and now that you have set foot in the semiconductor industry, you can't let go of the very famous company in the previous life, AMD Chaowei Semiconductor Company, ATI display chip manufacturer, this can be acquired. Of course, there are many, many more, and Henry feels like he's getting a little excited!

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