Chapter 325: Time Headquarters
Nortel Networks filed for bankruptcy, but it still maintained its operations, even with the White Tiger Fund's billion dollars last year, oh, it should be $900 million, and 100 million is patent maintenance fees. Nor did it alleviate the doom of Nortel's network bankruptcy. To be honest, if it weren't for the black heart of the White Tiger Fund, which used a lot of means through various means, Nortel could actually pay the patent maintenance fees of the White Tiger Fund. Until now, they have not paid this fee, and they have lost the right to repurchase this batch of patents (in fact, the routine of buying patents designed for pig's feet is still quite nonsense when I think about it now, and there are many unrealistic things in the middle).
Having lost the right to repurchase patents, Nortel still needs to continue to operate, and also needs to buy part of the patent royalties from the patent company established by the White Tiger Fund. Then began the acquisition of Nortel's remaining 3G and 4G patented technologies, as well as some useful assets for Guoke, Spreadtrum, SMIC, and Datang. Although most of Nortel's market is in Europe and the United States, the domestic part is still considerable. Datang Telecom is eyeing Nortel's assets in China, and the 2 billion soft sister coins of targeted financing are for the current acquisition, and Tianhe Securities acted as the acquisition consultant.
In the context of Nortel's bankruptcy, the time required for such an acquisition cannot be short, and there are also work involving regulatory departments in various countries, bankruptcy courts, etc., fortunately, during the financial crisis, various acquisition costs have been reduced a lot, such as legal, accounting and other expenses have actually decreased by 30%, which is mainly reflected in working hours and work efficiency.
The news of Nortel's patent change of hands has not spread, and negotiations between White Tiger Fund, Tianhe Securities and IDCC are also in full swing. In fact, the general direction has been determined, mainly the price problem, and there are some temporary discoveries. Li Yinan even flew to the United States from China, ostensibly to acquire Nortel's assets, but in fact for IDCC's patents. According to the priority, the first is to meet the shell, then Spreadtrum, then SMIC, and finally Datang Telecom. While maintaining confidentiality, it is also necessary to pay attention to time efficiency, if the final agreement with the IDCC cannot be reached before other interested people find out, they will face great risks. Even if all their contracts are legitimate, a word of national security can tear up all agreements.
The difficulties mainly come from the purchase of patented technical data and patents, and only when the patent is bought back, it is equivalent to buying a gun, and only then can it have the ability to threaten others; if it is only to buy a patent license, it is equivalent to buying a special shield, which can resist attacks from certain directions. The purpose of purchasing patented technical information is to understand the other party's research ideas, so that they can better continue to develop and innovate.
The news of Nortel's network bankruptcy spread to the entire network, and the bankruptcy of another star company under the financial crisis has aggravated concerns about the market. On January 20, Ao Guanhai will announce his inauguration as the 44th president of the United States, which has nothing to do with him on the surface, and at the end of January, the Davos meeting will be held, but Zhou Shi is not ready to participate, even if he is qualified, he is not ready to participate. On the contrary, Lu He, as a financial giant who made profits during the financial crisis and the first financial predator in China, has received great attention. Although he has always kept a low profile, attending these two events is also a responsibility that he cannot shirk. If it weren't for the fact that he had joined the United States not long ago, Ao Guanhai would have wanted Lu He to be his economic adviser. People all over the world are full of curiosity about this low-key money-making and instant transformation, even in the domestic media.
I don't know why, everyone is full of tolerance for Lu He to join the American nationality, and many people automatically washed the floor for him without Zhou Shi dispatching the navy, and some people scolded Lu He for being unpatriotic, but was ridiculed by the public. Everyone's reasons seem to be very sufficient, if Lu He is from Huaxia, will he have a chance to make so much money? At this time, Zhou Shi appeared more as a very lucky person. There are many people who believe that without Zhou Shi's initial help, coupled with Lu He's almost unconditional trust in him, Zhou Shi would not have been able to achieve his current achievements.
Datang Telecom is headquartered in Yanjing, and Zhou Shi's return to China not only cooperates with China Mobile, but also that the Yanjing Municipal Government has agreed in principle to Time Company's purchase of that land, but more detailed explanations are needed.
Zhou Shi attended a meeting facing the government and made a detailed report at the meeting.
"My plan for this land is like this: his main space is for the company's subsequent development, and the development speed of Time Friends exceeds that of many domestic Internet companies, and we need more space. Secondly, as a platform, there are many people who start their own businesses in the form of applications and plug-ins, but entrepreneurs face many difficulties. I want to give them more help, not only to help them, but also to help themselves, enrich the ecological environment of the friend network, in addition, the promotion of the domestic mobile phone operating system independently developed by our time company requires extremely rich applications, which requires a large number of entrepreneurs to participate in it. We hope to provide a good working environment for these entrepreneurs. I hope to make this place a gathering place for entrepreneurs, not only Internet start-ups related to our company, but also companies from other industries can enter without barriers. In addition to good hardware, we will choose some excellent legal and accounting firms to help with the financing of these start-ups, and we will also work with some venture capital institutions to get them to actively participate in them. Some of these entrepreneurs are in good financial condition, some are in poor economic condition, and if there is support from the government, we will also carry out a public welfare innovation: shared space. We have an open design for the entire office environment, where many small companies or individuals can work, and stop new companies or individuals from coming in after the limited number of users is reached. In addition, if possible, they can also be subsidized to provide free lawyer and accounting services to these start-ups before the financing amount reaches 500,000 yuan. Zhou Shi said as he answered the government's questions.
The land that Time Company values is the famous Wangjing SOHO, which not only has a refreshing design style, but also has many start-up companies settled in. The street of scanning the code will be famous all over the country in the future. Wangjing SOHO has a land area of 115,392 square meters and a planned total construction area of 521,265 square meters, if it is calculated according to the actual construction area of 360,000 square meters, assuming that the construction cost is more than 15,000 per square meter, the cost of Time Headquarters will be at least 5.4 billion soft sister coins. Since you have so much money, why not play a big game! Zhou Shi's emergence is to launch the concept of shared space and start a co-working journey around the world.
(End of chapter)