Chapter 263: The local tyrant is here
The UAE's Abu Dhabi Advanced Technology Investment Company is very determined to get involved in the semiconductor industry, and it is obviously not so happy to see Galaxy Capital intervene. The Chinese background did not prevent them from joining, on the one hand, because there is support behind Galaxy Capital, and on the other hand, because the technology of AMD's wafer factory is not the most advanced.
"We are very optimistic about the development of the semiconductor foundry industry!" said James
"Don't forget, now that the price of oil has risen to $130 a barrel, can you still afford to drive a car?" said FAHAD of ATIC
"I'm sorry, we started buying tens of thousands of barrels of crude oil last year, and we haven't used it up yet, so why don't you give it to you? "James
The two people did not speak directly, one said that his family had a lot of oil and was very rich, and the other said that he made a lot of money in the financial market, and he just didn't give in to each other anyway. This is the end of the first friendly communication sister.
Although the communication between the two sides was not smooth, everyone's offer for AMD also tended to be unified, that is, cash shares, but Galaxy Capital wanted more control. If he could, Lu Yizhi would definitely be willing to choose ATIC, they had the longest communication time, and they had already done a good job of communicating with any activities in the middle. He and Galaxy Capital have no time to communicate in depth now, and everything has to go according to the right procedures. However, the debt of 1.5 billion dollars is his biggest obstacle. Without a suitable reason, he can't drive away Galaxy Capital.
Within a few days, a person in charge named Ahmed invited Zhou Shi.
"We are very interested in this fab and hope that you will be able to become an adult. ”
"But I'm really bullish. "Zhou Shi
"We can compensate you for the rest!" Ahmed
"I want a foundry company, can you also help?" Zhou Shi chuckled
"As long as it's not AMD's, I just heard that there is a company that is ready for sale, and it may be able to meet your requirements. "Ahmed
"Oh, there are still businesses for sale, we don't get any news. "Zhou Shi
"Licensed Semiconductors in Singapore!, are you interested?" said Ahmed
"This business is also going to be sold, why is there no rumor of this in the market?"
"Temasek Holdings, Singapore's state-owned investment company, holds 62 percent of the shares, and we are both sovereign investment funds. "Ahmed
"If I assist you in the acquisition of AMD's wafer fab, can you assist me in the acquisition of Singapore's licensed semiconductors?" Zhou Shi decisively shifted the target.
"Yes!" Ahmed
"You don't have to think about it, or are you going to turn your face and not recognize anyone after you reach a cooperation with AMD?" Zhou Shi had doubts and said directly.
"We are optimistic about the development of Huaxia, and we are also optimistic about your development. We are willing to invest in you for the future. "Ahmed
"Invest in me? Zhou Shi asked curiously
"For example, Galaxy Capital. "Ahmed
"That's impossible, it's my core business. Zhou Shi refused without hesitation, MMP, Baidu, Alibaba, and the equity of the time system are all here, and Zhou Shi's brain will only agree when he is in the water, but it seems a little wrong, why did he give up so many steps at once, and he originally wanted to bid with them for the AMD wafer factory, and it was up to them to invest in Zhou Shi's industry.
"Then we'll invest in companies under Galaxy Capital, okay?"
"I welcome all investors if there is a need. "Zhou Shi
"So how about we start working together with licensed semiconductors?" Ahmed
"You want to get involved, and what I need is control. Zhou Shi was noncommittal
"We can just put money in and not be involved in management. "Ahmed
Zhou Shi was shaken at this moment, if there could be more funds, he still had many ideas, ATIC only invested funds, did not participate in management, but it was just one penny more, which had no bad impact on his strategic planning. Maybe from now on, there will be a big money, and chip foundry companies will have one more financing channel in the future.
"Really don't participate in management?" Zhou Shi
"We are a sovereign wealth fund, and we have more responsibility to preserve and increase value. Managing a business is not what we are good at. "Ahmed
"Then why do you want AMD's fab instead of Singapore's chartered semiconductor company?"
"We choose the less risky ones. "Ahmed
"Then I wish us a happy cooperation. Zhou Shi stood up and stretched out his right hand
"Happy working together!" Ahmed
After chatting casually, Zhou Shi prepared to leave.
"Haven't you run out of oil yet?" Ahmed
"We'll run out next month!" Zhou Shi didn't mind saying this, even if they knew, what if they knew? Could it be that they manipulated the price of oil for Zhou Shi's position, not to mention, how could they know the truth of Zhou Shi's words.
"Does Galaxy Capital have more goals, maybe we can work together. ”
"What target?" Zhou Shi didn't react
"Let's say a goal like we have now!" Ahmed
"Yes, of course. Zhou Shi quickly replied
Back in the Time Lab, Zhou Shi still couldn't believe it, isn't this a proper pig's foot effect? How could there be a big amount of money who took a fancy to him! It's not right, could it be that the Russian Digital Sky started to only make money and not control the practice, and it started a long time ago? Or his personality charm index exceeded the standard, which aroused the appreciation of the Middle Eastern tyrants.
However, Zhou Shi didn't care, no matter what Ahmed said was true or not, he had his own choice. Even if it is an AMD fab, he will not give up all rights easily.
With Zhou Shi's concessions, the tripartite cooperation negotiations began. However, Zhou Shi asked for his real goal in advance, 60 million US dollars, Galaxy Capital packaged and acquired ATI's mobile device division, and the outside world did not receive any rumors. Qualcomm only learned the news after the final negotiations at AMD's foundry were reached. However, at that time, Galaxy Capital had already included him, and the Adreno GPU belonged to Zhou Shi from then on, or more appropriately, to Spreadtrum Technology, a subsidiary of Zhou Shi.
Chen Datong and Deng Feng came forward one after another to persuade everyone to accept the acquisition. Not long after Spreadtrum went public, it was not appropriate to make a full takeover now, and he adopted two methods: equity acquisition and targeted financing, first to get a controlling stake in Spreadtrum, and the board of directors to be reorganized. People with nuts and tomatoes are also involved. At this stage, the development of 2G mobile phones also needs the support of Spreadtrum, although the current yield rate is not high, Zhou Shi believes that any enterprise with sufficient financial support without internal disputes can do a good job as long as it finds the right manager. As for the choice of the general direction of the company's technological development, there is no more suitable candidate than Zhou Shi in the world.
After the sharp decline in Spreadtrum's stock price, it now has a market value of less than $200 million, and the lowest market value of Spreadtrum in the history of the previous life is only $39 million. Although not everyone agrees, most people do not object, and the matter is basically settled. The specific acquisition still needs to be discussed in detail, some people are not short of money, some people are short of money, some people think that Spreadtrum still has a lot of development, and some people are not optimistic about the development of Spreadtrum, but no matter what, it still fell into the hands of Zhou Shi, Li Yinan also entered Spreadtrum Communications, and the adjustment of management will also start after the dust settles.
(End of chapter)