The first objection is easy to guess, and the head of a department close to Google or Motorbike has objected to the acquisition. Then there is the national security, technical secrecy and a series of other conventional methods against Chinese enterprises, which are the simplest and most affordable countermeasures. It's a pity that the CEO of Guoke is Carly, a former AT&T executive, former chairman of Hewlett-Packard, and a candidate for governor of California. She is well versed in the rules of the game, and naturally knows how to deal with it, and she has resolved the first obstacle in three moves and two styles.

Then there is the issue of funding, questioning the strength and source of funds of Guohu, but I'm sorry, I was slapped in the face before I started to exert my strength. Although the Araba Spring intensified, the UAE, Qatar and these places did not have much impact, and those who had money still had money. Sovereign wealth funds from these two countries and Singapore have expressed their support for Guoke, as well as KKR, Silver Lake Capital and other U.S.-based institutions.

Then, part of Motorola's management objected, well, this is a threat. If you have the ability, you will burn all the jade, and Zhou Shi doesn't believe that they are chaste martyrs. Motorola has been tossed many times by external investors and has long been attacked by capital.

"This price is a gross undervaluation of Motorola, and we will never sell the company's assets at a low price, and more than one company has expressed a lot of interest in Motorola!" said a supposedly powerful Motorola person

Goldman Sachs, Meibang and other professional institutions joined the battle and began to contact investors from all walks of life for Guoke, but unfortunately only a small number of them were willing to transfer their shares, and most of them chose to wait and see. With such a public acquisition, the price increase is a high probability event, and other people are also contacting investors from all walks of life, only people who are very uncertain about the future and do not believe that motorcycles will have a great increase will choose to sell stocks at this time.

A few days later, Guoke announced that it would hold 17.9 percent of the shares, and the stock price rose to 29.8, which was only a line away from the target price, and Google, which could no longer bear it, finally came forward directly and proposed a $35 acquisition for a total price of $11 billion. Microsoft and Apple have also joined the fray, announcing the acquisition of Motorola. For a while, the situation changed, and almost everyone's eyes in the industry focused on this great merger and acquisition of the century. Motorola's stock price exceeded $30 in an instant, and Google acquired 12 percent of the shares in a short period of time. Then, there was no then, and the motorcycle share price exceeded $35. The tender offer for Guoke has so far failed.

Many people are baffled by Zhou Shi's willful operation, MD, is this incompatible with money or what's going on? After spending such a big cost and stirring up such a big wave, it is very likely that nothing will be gained, which is a typical harm to others and not to oneself. So far, $1.5 billion has been spent, but there is still no hope of acquisition, and more and more vultures are joining it.

The interpretation of this acquisition is also becoming clearer, patent is still patent. Nortel Networks' patents account for about 4 percent of 4G patents, plus the patents exchanged and acquired from InterDigita (InterDigita), Spreadtrum and Guoke together also account for about 15 percent of 4G patents, and if you add some of the patents acquired from Datang Telecom and Huawei, the number of patents held by Qualcomm is slightly less than that of all manufacturers. This year, taking advantage of the Araba Spring, Spreadtrum acquired 500 patents from IBM, including the processing of memory and microprocessor chips, router design, and more.

However, the patent legal disputes of smartphones have not decreased at all this year compared with last year, including Kodak, which is about to go bankrupt, has also joined the battle and sued Apple, Guoke and Blackberry and other mainstream smartphone manufacturers, Samsung and LG have compromised and compensated Kodak $900 million.

Apple sued HTC, Samsung, Oracle sued Google, Microsoft collected royalties for Android and Android phones, and then Samsung and HTC countersued Apple for infringement...... A chaotic battle came down, and there were chicken feathers all over the place.

Motorola appeared in front of everyone's eyes at this time, and before that, perhaps Microsoft and Apple did not take the acquisition of Motorola into their sight at all, after all, this is a century-old enterprise! Under the sudden attack of the shell, everyone found the weakness behind the strength of the motorcycle, and it turned out that the motorcycle is strong outside the middle, and it is already extremely weak. Otherwise, as long as the shareholders cooperate, they will have many countermeasures. But now, maybe the management of motorcycle doesn't have much confidence!

Technology giants at home and abroad have interpreted that although it seems to be calm now, Motorola's stock price has reached $40, which shows that it is not easy behind all this. To be honest, Zhou Shi was really a little embarrassed to make the situation like this. If you think about it, in terms of operating systems, Microsoft and Google have an absolute advantage, and Android and Android rely on open source to avoid patent risks as much as possible, and are closely watched by Microsoft and Apple. Google's advantage is in terms of capital and technology, and the related mobile communications and operating system patent reserves are almost negligible. The fruit shell has a relatively deep foundation after Zhou Shiru is imaginative and Antelope hangs horns after the acquisition of Nortel and IDCC patents. But Time Android, hehe, I'm sorry, what patents can you have? In terms of operating system patents, it is relatively easy to solve, Microsoft has suffered too many anti-monopoly investigations, and now it is more restrained, and mobile phone manufacturers can pay patent fees, and it is relatively fair. However, Microsoft and Apple's lack of mobile patents is not easy to do, why did they buy Nortel's patents at a premium of four times in the previous life, just think about it, it is a matter of life and death.

Each of the four companies has its own needs, and in detail, it should be five companies, Apple, Microsoft, Google, Guoke and Time Android. After seeing Motorola's stock price break through $40, that is, more than Google's purchase price in the previous life, everyone calmly did it and began to look for allies. If you don't cooperate, you can't do anything, no one's money is picked up, and more importantly, if you don't cooperate, how can you have so much money? Guoke can raise tens of billions of dollars in cash, but this will significantly delay the development of the company, not to mention that according to the current trend, 10 billion yuan will definitely not be able to buy motorcycles. For Motorola and mobile phone patents that are not necessary, there really is no need for Guoke to do this.

Apple's biggest rival is actually Guoke, and although Google Android has the largest market share (ignoring Nokia's Symbian), the high-end mobile phone market is competing with Guoke. But for Microsoft, the operating system is his favorite, and Google's Android market share is so high that it is its most important competitor in the mobile era. Guoke wants to cooperate with Google, but unfortunately Google, which has deep pockets, doesn't care much about Guoke. Microsoft, which is relatively more sincere, goes without saying how to choose.

Apple and Google formed a tribe, and Microsoft, Guoke, and Time formed an alliance, and the competition for Motorola reached a new stage. At this time, Alibaba's compensation measures for Alipay came out, and Yahoo's shareholders officially discussed the feasibility of acquiring Yelp.

Alibaba's compensation to Yahoo and SoftBank due to the Alipay incident is similar to the previous life: after Alipay's listing, the return will be no less than $2 billion and no more than $6 billion, based on 35% of the total market value of the IPO price.

The enemy army is besieged by thousands of people, and I will not move! Zhou Shi raised his head 45 degrees and looked up at the sky!

It's going to be the New Year, let's release it together, and I wish you all a happy new year!

(End of chapter)