Feng Yiping and Huang Jingping didn't know at this time that they really didn't live in this house later.

But one thing they knew right away was that their plan to go directly from Los Angeles to New York fell through, and Jin Ling called and said that there was a company in Silicon Valley that was worth buying.

Feng Yiping hurried back to the company in Silicon Valley, in the office, the three of them were already waiting, and Mike's face was irrepressibly excited.

"You suggest acquiring it, deCarta," Feng Yiping picked up the information and looked at it, "San Jose, this is convenient, it was established in 96, and it also makes maps?"

"It's not just map companies, they mainly provide technology for map companies, and Yahoo is using their services right now," Mike said, "Although the company is small, only about 30 people, but it has strong technical strength and is a big patent owner."

It turned out to be a technology provider.

Since he wants to intervene in this regard, Feng Yiping naturally understands some relevant situations.

For example, deCarta provides map technology, NAVTEQ provides basic data, and then Google integrates these technologies and content with its own search technology to make Google Maps and bring it to the market.

That is to say, a company like deCarta is not aimed at end users, no wonder Feng Yiping has never heard of it before.

"We learned that not only do they provide online maps, but they are also developing map-based technology to search for hot spots around us, which is very suitable for our website. Hong Haoran said.

"Their R&D plan is to be able to plan your itinerary in the future, for example. Search around where you're going, give you possible route options, and estimate the time it will take to drive and walk from where you are, to your destination,"

This Feng Yiping knows. Isn't this the LBS that was very noisy for a year? Later, navigation, and mobile terminals, none of them could not be separated from the support of this technology.

It's a good choice indeed!

"What about being acquired? Do they have any intention of doing so?"

If they do well and have no intention of being acquired, then no matter how good the prospect is, it will be in vain, and it has nothing to do with them.

"As long as the price is right, I don't think there's a reason for them to refuse," Mike said, glancing at the door. "I've had a few contacts with their CEOs,"

"Alright, Mike, you get in touch with them first and get to the bottom of it,"

In this era of Motorola and Nokia's feature phone packages, these technologies dominate the world. The range of applications was very limited, and by the time Nokia introduced the N95 a few years later. They can have a simple app on the phone.

NO ONE CAN KNOW HOW THESE TECHNOLOGIES WILL BE WIDELY USED IN ALL ASPECTS SIX OR SEVEN YEARS LATER, WHEN THE MASTER JOE LAUNCHED THE IPHONE AND OPENED A NEW CHAPTER IN THE SMARTPHONE ERA.

So, let's talk about acquisitions based on the current elements. You don't have to think too much about the details, and in the long run, this deal will definitely be quite cost-effective.

"Also, about NAVTEQ. Their company achieved sales of $82 million last year, with a net profit of negative $110 million," Jin Ling said with a folder, "According to the financial reports of the first two quarters, their sales revenue this year has maintained a year-on-year growth of nearly 20%, and the annual sales are expected to exceed $100 million, but it is estimated that this year, there will still be losses, conservative estimates, also more than $50 million,"

"What is the main reason for their losses?" Feng Yiping asked.

"In the mapping, too many resources have been invested, and their company's digital map has covered dozens of countries on six continents, and the initial investment is huge, so they are currently welcoming new investments."

"Approximate input?"

"We estimate that a 10% stake will also require about $50 million,"

"Then do it simultaneously," Feng Yiping patted the table arrogantly, "Strive to take both of them,"

"I'm going to get in touch with Carter's deCarta right away," said Mike, who proposed the acquisition.

If the acquisition can be successful, he will naturally be the first to take credit.

Jin Ling stayed, "I feel that I am becoming more and more incompetent for the position of president now," she said with a sudden sigh of interest.

Feng Yiping, who was originally smiling and still immersed in picking up big bargains, suddenly became serious, "You say that? You are incompetent, can you lead the company to develop at such a fast speed? You are incompetent, can the company's affairs be so organized? Are you incompetent, can the relationship between all aspects of the company be maintained so well? You are not competent, can I be as free as I am now?"

Jin Ling didn't laugh, "I'm now, it seems that I have less and less subjective initiative, some of your ideas, I don't even think much about related aspects, I don't even have the ability to pick up the missing things, according to my original temperament, after listening to your idea of doing NEXTDOOR, I will think of things related to electronic maps, but I don't."

When you said that you would take a stake in a map company, even Mike thought about whether it was possible to acquire a related digital map technology provider, but I still didn't."

"You must not say such things," Feng Yiping poured her a cup of coffee, "the responsibility is not yours, it is me," he said seriously.

"It's not that you don't have subjective initiative and insensitivity now, it's that you don't have time to think about these things, I have explained too many things to you, according to my requirements, just to implement these things well, you need to work day and night, blame me!" he tried to reach out and pat Jin Ling on the shoulder.

"What are you doing, do you want to take advantage of it?" Jin Ling's eyes were a little red.

"So, you don't have to worry at all, you don't have to think about it at all, you're still you, that sharp-eyed, out-of-the-box strategic management talent,"

"Really?"

"Really, really, do you think this is good, the group's personnel structure, I don't think there is much need to change at present, but you should be given the president, with a team to assist you in your work, so that you have time to consider some directional issues, find out some of my shortcomings in the assumption, and assist me to do my work better and more perfectly."

Feng Yiping is really nervous now, if Jin Ling picks a child, then he has designated to live a bitter turtle life, how can he stay in school so freely, and still study abroad from home?

Fortunately, after listening to his words, Jin Ling finally regained her confidence, "First of all, since you have so many plans in the United States, I think it is necessary to set up another team here to manage it, it is impossible to summon us from China every time there is something, whether it is timeliness or continuity, it is unreasonable,"

Isn't it, there are more and more things here, one of my own software companies, ACP new energy vehicle technology company that invested in the United States last time, and these two possible electronic map-related companies, it is really necessary to set up a company to manage it in a unified manner.

"You're right, it should be done this way, then you can do it all at once this time, set up a GAIN North America office, and add a global vice president to be responsible for all affairs in North America, directly responsible to you and me,"

"Where's the candidate?" Jin Ling asked.

"Mike is not very suitable, I don't have a suitable candidate on my hands, if you don't have one, then recruit, anyway, since last year, there are too many capable people, idle at home,"

"Listen to what you mean, you don't seem to care about these things?"

"Isn't there you?Before school starts, I want to take Jingping around quickly," Feng Yiping didn't give her a chance to get mad, turned around and left, "Thank you Sister Jin, just finish these few things," (To be continued.) )