Chapter 177: Panavethan, Inc

PS: After finishing this chapter, my eyes are a little tired, rest for one night, and continue to do more tomorrow......

Carl Zeiss knew that Silicon Valley Electronics Group had played tricks on them, but the contract had already been signed, and they couldn't do anything about it. But then again, working with Silicon Valley Electronics Group isn't necessarily a bad thing. When Carl Zeiss announced a partnership with Silicon Valley Electronics Group, the stock price rose 9% on the day.

The industry is generally optimistic about the cooperation between Carl Zeiss and Silicon Valley Electronics Group, and believes that through this cooperation, Carl Zeiss will join forces to further seize market share and establish brand awareness with the microhard disk of Silicon Valley Electronics Group and Carl Zeiss lens technology!

This time, the Silicon Valley Electronics Group spent 1. $500 million to license more than 20 technologies from Carl Zeiss, although the price is a bit expensive, but Henry is still very happy, camera lenses and cameras will be widely used in the future. For example, computers, mobile phones, monitoring, etc., the market potential is endless!!

So, after getting the technology, Henry asked Williams Labs to set up a lens technology research institute, which was simply named "Lens Technology Research Institute", and then recruited outstanding talents in the field of lens technology to join, spent a huge amount of money, and focused on development!

Now that Carl Zeiss has lens technology support, Henry can use the technology in more places, such as filmmaking......

Founded in 1954, the company is an international large company, a brand that manufactures its own shooting equipment, including photographic equipment, lighting equipment, and mobile machinery equipment, among which it occupies the leading position in the field of camera lenses!

Henry decided to buy the company because it would strengthen Williams Laboratories' strength in lens technology!! and to acquire Panawaysen, which would later lead to Galaxy Films. Or ATV can get the most advanced shooting equipment for shooting, and the natural shooting effect is far better than that of other companies, which undoubtedly enhances the competitiveness of film companies!!

If you want to do a good job, you must first sharpen your tools.

Henry's layout of the pan-entertainment industry. We do need a helper like Pennavethan!

Although Pana Vital Company was established early, its current market value is not high, and Henry has a great deal of confidence in acquiring it. The real take-off for Panavisian came next year when they converted Sony's HDW-900 camera into a new device that was extremely well received. It became the new icon of digital cinema in North America that year!! and then another product of Panavicent, Genasis, was a handy tool for second-generation filmmakers, and was adopted by Warners to shoot the latest film, Superman Returns. Since then, Pana Vitacent has been promoted to become a world-class film equipment company!!

However, the Pana Vital Company is very good, and it has always only rented and not sold! But the business is very hot, and the supply often exceeds demand! Some small film companies don't have any money, and they don't even want to use the filming equipment of the Pana Vital Company!

For such a company, it is natural to acquire it before it has a big fire!

Without further ado, Henry immediately sent someone to the Panawesen Company.

"You're going to buy Panavisin's company?" said the Panaviscent shareholders' surprise.

The Penavicent Company is not yet on fire. What's more, because I only do movie equipment rental, I don't make much money every year. Generally speaking, large film companies have their own film equipment and do not need to rent it from outside. Only small film companies will rent film equipment. But small film companies have no money in the first place, and they must not make much money from them. What's more, there are quite a few competitors, so they make less money.

Henry sent someone to investigate, and learned that the current profitability of the Pena Villesen Company can only be regarded as average, with an annual income of only about 30 million US dollars, and a profit of less than 5 million US dollars! Equipment maintenance and development are all significant expenses...... Among them, the proportion of equipment development accounts for the highest.

Pana Vitacent does not buy all its equipment from film equipment manufacturers like other equipment rental companies, but insists on developing or adapting film equipment in-house!

"Yes, you can make an offer!"

"Which company are you?"

"Silicon Valley Electronics Group !!"

Everyone heard the news. I couldn't help but be slightly shocked.

Not long ago, Silicon Valley Electronics Group reached a cooperative relationship with Carl Zeiss, a world-class camera lens company, and in the blink of an eye, it is about to acquire Pana Vision!!

"This thing. We need to think about it!" said the CEO of Penawincent.

"Of course, before coming, we have asked a professional appraisal firm to value Pena Vita Cent, and they believe that the market value of your company is 50 million US dollars......"

Several major shareholders of the Panavirsen Company flashed a trace of indignation, obviously not satisfied with this valuation! The Panavisin Company's profitability is not very high, but it has three branches, as well as a large amount of film equipment, and in addition, the Panavital Company also has some technical patents, how can these things add up to only 50 million US dollars?

The negotiator of the Silicon Valley Electronics Group smiled: "However, our Silicon Valley Electronics Group is willing to pay $80 million to acquire Pana Vedyn Company! This price is $30 million higher than the price given by the appraisal company, which is enough to see our sincerity! Of course, if Pan Vital Company accepts financing, it is fine." However, the Silicon Valley Electronics Group will have an absolute controlling stake in Pena Vision...... As for the day-to-day management of the company, it will still be handed over to the original management, and the Silicon Valley Electronics Group will not interfere casually

"Think about it, please get back to me tomorrow!"

"Here's my business card with my phone number on it!"

After the representative of Silicon Valley Electronics Group finished speaking, he handed the business cards to the senior management of Panawesen Company one by one!

"Goodbye!"

Representatives of Silicon Valley Electronics Group come and go as fast as they go!

"What should I do, sell the company, or accept financing?" the major shareholders of the company discussed.

"Sell it, they give you a lot of money!"

"I think it's better to accept the financing and let the Silicon Valley Electronics Group take a stake, and we will hold a part of the equity! I think that with the support of the Silicon Valley Electronics Group, Pana Vircent will definitely be able to develop rapidly, and in the future, maybe the shares in our hands will be worth more than they are now!!

"Well, that's right, everyone is looking a little further and still accepting financing from Silicon Valley Electronics Group. Didn't they say that although they will have an absolute controlling stake, the day-to-day management of the company will still be handed over to us!"

“……”

"Let's vote!!"

(To be continued.) )