After discussion, the meeting adopted a five-year plan for the development of "Dragon Group", first to launch cartoons to cultivate young audiences, then to launch the game of the same name, followed by dolls, costumes and other peripherals, to the fourth year will launch the "Dragon Group" spin-off movie, and in the fifth year Lin'an Theme Park "Dragon Group" Pavilion will be officially launched.

Everyone hopes that through multi-level cultivation and development, "Dragon Group" will become a super IP with global influence, and eventually form an industrial closed loop.

After the meeting, everyone said that they walked outside the conference room.

At this time, Gao Jun asked Zhang Ran: "When will the acquisition of Motorola be completed?"

Except for Ye Lin, who participated in the acquisition, everyone else looked at Zhang Ran. After today's meeting, they really realized the value of acquiring Motorola, and they all wanted to know the progress of this matter.

Since Century Summit signed with Motorola in March, censorship has been the biggest obstacle to the acquisition. In early April, CFIUS approved a review of the acquisition, and in June, the U.S. Department of Justice concluded after a three-month antitrust investigation that the acquisition of Motorola by Century Summit would not affect the healthy development of the mobile device market, and the European Commission also reached the same conclusion after an investigation. In addition, the acquisition has successfully passed the review in Toei, Brazil, Israel and other countries and regions. At present, there are only a few areas such as Taiwan and South Korea that have not passed the review.

Zhang Ran is very confident that Motorola will pass the review: "Motorola has a low market share, and we have not made mobile phones before, our acquisition of Motorola will not have any impact on the market, and there is no monopoly problem." Now that even the most difficult U.S. review has been passed, the rest of the country should not be a big problem, and it is estimated that by next month, it will be able to pass all the reviews and then successfully complete the transaction. ”

However, to Zhang Ran's surprise, things suddenly changed a week later, and Century Peak's acquisition of Motorola failed to pass the review of Taiwan Bend, and was rejected by the Investment Review Committee of the Ministry of Economy of Taiwan Bend.

Motorola has a certain market in Taiwan, and in accordance with the provisions of the Fair Trade Act in Taiwan, the acquisition needs to be reviewed by the Investment Review Committee of the Ministry of Economic Affairs of Taiwan. However, after the news spread in Taiwan, it aroused a lot of concern on the island, and many people called for senior officials and government departments in Taiwan to stand up and veto the deal.

Even the Association of Science and Industry believes that Zhang Ran has always been unfriendly to Taiwan, and if Century Summit acquires Motorola and holds more than 10,000 patents, it will be a huge threat to HTC and other Taiwan-bend companies. Now Apple is suing HTC for patent infringement, and if Zhang Ran buys Motorola and then sues, the curved phone industry will be hit hard, so the acquisition should be resolutely blocked.

Under the surging public opinion, the Investment Review Committee of the Ministry of Economic Affairs of Taiwan Bend vetoed the merger on the pretext that the peak of the century might use Motorola's patents to intensify the patent war in the mobile phone market.

Summit and Motorola have an agreement that if the merger fails to pass the review and ultimately leads to the failure of the acquisition, Century Summit will pay Motorola $2 billion as a break-up fee. Century Summit is definitely unwilling to pay the 2 billion, and more importantly, Century Summit also needs Motorola to complete its own puzzle, so this acquisition can only succeed and not fail.

Zhang Ran was very annoyed by this, and issued the most violent attack on Taiwan on his Fly account, saying that Taiwan is not a free market and is engaging in ****; and then he flew to the United States to communicate with Sanjay Jia in person to discuss a solution.

Motorola's shareholders undoubtedly want to sell Motorola, which lost $81 million in the first quarter of this year, and another $56 million in the second quarter of this year, according to the just-released second-quarter financial report. Fortunately, the acquisition of Motorola by Century Summit was in February, when Motorola's financial report was okay, and if it is put now, the purchase price will definitely not reach $16.7 billion.

Judging from Motorola's operating conditions, it is impossible to turn losses into profits in a short period of time, and the company's market value will be lower and lower. If this acquisition at the peak of the century fails, and Motorola trades next time, the transaction price may only be more than 10 billion.

This is absolutely unwilling to see Motorola shareholders, Motorola Mobility's major shareholder Carl Icahn immediately bombarded the Taiwan bend regulatory department through the media, at the same time, Motorola CEO Sanjay Jia also said in a blog that in view of the Taiwan bend side's blocking of Motorola's transaction, Motorola will withdraw from the Taiwan bend market.

Zhang Ran and Motorola had such a quarrel, and the global media reported it greatly, and Taiwan was disgraced. In this way, Taiwan naturally hated Zhang Ran, and the Internet was full of voices of condemnation of Zhang Ran.

Zhang Ran didn't care about the reaction of Taiwan, it was already difficult for the film and television works at the peak of the century to enter Taiwan, and the market of Taiwanwan would be lost if it was lost, and it would have little impact. The important thing is that Motorola withdrew from the platform, and the company had no jurisdiction over the acquisition, and the obstacle to the acquisition was removed.

On July 26, the Korea Fair Trade Commission (KFTC) approved the acquisition and announced its unconditional approval of the transaction. So far, the eight-month, $16.7 billion merger has eliminated the last stumbling block. Motorola issued a notice at the first time, saying that the merger and acquisition will be completed within five working days.

Chicago, USA, August 2, 2011. The closing ceremony of the Motorola Mobility acquisition is scheduled to take place at 10 a.m. Zhang Ran and the top executives of Century Summit stayed at the hotel where the closing ceremony was held, and they got up at 6 a.m. to prepare for the closing ceremony.

Before the closing ceremony began, Zhang Ran and Wu Ruide took a photo in front of a table of documents they had signed earlier.

After the guests were seated one after another, the host came to the stage to welcome the guests from all walks of life to participate in the ceremony, and after a brief introduction to the guests, the delivery ceremony officially began.

Zhang Ran and Sanjay Jia delivered speeches successively, and the two sides were very optimistic about the prospects of mergers and acquisitions, and I don't know how many times they used words such as "strong alliance" and "win-win" in their speeches. Immediately afterwards, the two of them sat down in front of the signing table and picked up the signing article, made a sign appearance, and then the two shook hands, and the delivery ceremony was completed.

After eight long months of hard work, Century Summit officially became the owner of Motorola Mobility. Upon completion of the acquisition, Motorola Mobility will operate as an independent business unit with nearly 19,000 Motorola employees from around the world joining Century Peak.

At the subsequent press conference, Zhang Ran said that it will operate Motorola Mobility as a wholly-owned subsidiary, and the management will have the autonomy to execute the business plan, and the headquarters will continue to be located in Chicago, USA, and announced the appointment of former Netflix President Hastings as CEO, and the current CEO Sanjay Jia will leave, and Hastings will recruit and form a new management team.

The media soon got the news that Sanjay Jia was accompanied by eight other executives, including Motorola Mobility's chief strategy officer John Bucher, chief marketing officer Bill Ogle, chief operating officer Jurgen Stark, and chief financial officer Mark Rothman, among others, and that the peak of the century had purged Motorola's entire management. These positions are replaced by Mark Randall, Regina Dukan, Gary Briggs and others, all of whom are from the Internet industry, like Mark Randall from Amazon and Regina Dukan from Besda Online, none of whom have worked in mobile phones and related industries.

The media reporters were in an uproar after getting this list, and they all felt that Zhang Ran and the peak of the century were simply crazy!

Generally speaking, after mergers and acquisitions, changes in personnel, especially management personnel, are inevitable. It's a choice, there is no right or wrong. However, successful integration often sends some key managers to grasp management, and sends financial personnel to control the enterprise, and it is relatively rare to purge the entire management like Century Peak. The pinnacle of the century is engaged in the Internet and movies, and it has no experience in making mobile phones, but now it has purged the management and replaced it with a group of managers who have no experience in the mobile phone industry at all, which is simply incomprehensible.

In fact, Zhang Ran didn't think about replacing the entire management at first, but only planned to replace Sanjayjay, replace the design team, and let Hastings, a guy who understands the Internet and has the ability and vision, be the company's CEO to lead Motorola's transformation.

However, after conducting a survey on Motorola Mobility, Hastings found that as the aristocracy of the communications industry, Motorola has a particularly strong sense of superiority from management to employees, and is particularly confident in its own company's culture.

Motorola will not be able to get out of this predicament without reversing the notion that Motorola is moving with a focus on technology and a disregard for form and function. It's just that this concept and sense of superiority are deeply rooted in the bone marrow of Motorola people, and it is the culture formed by Motorola's 82-year history, and it is extremely difficult to change.

In this case, Hastings proposed a major change of blood, the company's management purge, he needs a team that understands the Internet and has super execution, so that it is possible to change Motorola's concept in a short period of time, so as to complete the transformation.

The pinnacle of the century weighed in and agreed to Hastings' purge plan. The cost of this purge was also significant, and Summit of the Century paid Sanjay Jay $220 million in compensation for it.

After a busy day, Zhang Ran sat in the hotel room and was silent for a long time, but Wu Ruide couldn't hide his excitement, and when he saw Zhang Ran silent, he smiled and said: "We finally won Motorola, and the Long March has finally come down, it should be the time to cheer for victory, why did you suddenly pretend to be deep?"

Zhang Ran was very quiet, no cheers, no joy, and said lightly: "We have just taken the first step, acquisition is easy and difficult to integrate, and it is even more difficult for enterprises with a long history and strong cultural heritage like Motorola to integrate, which will be a huge test for us." We are now standing at the foot of a big mountain, and it will be difficult to climb it!"

Wu also knows that integrating Motorola will be difficult, but he is very confident in it: "Hastings understands the Internet, has vision, has the ability, and is more decisive in doing things, and at the same time can calm down and listen to the voice of users." In the past two months, he organized a team to personally lead the team to conduct research on the mobile phone market, and the team set more than 20 dimensional indicators for monitoring, covering all aspects of users' use of mobile phones, such as: card or not, heating, photo effect, music effect, standby time, comparison and experience of users using other brands of mobile phones and Motorola, etc. If these research results can be fed back into the mobile phone design, then Motorola mobile phones can be market-oriented and develop mobile phones that meet the psychological needs of users, and Motorola will be able to smoothly transform. ”

Zhang Ran shook his head and said: "The transformation is very difficult, but the problem of the mobile phone system is more severe, and the speed of the Android system to occupy the market is much faster, and there is not much time left for us!"