Chapter 1577: Intel's Funding
Ellison's entry made the stock price of "Baidu Yahoo", which had fallen all the way, suddenly stop falling and stabilized. After all, there are only so many handicaps of "Baidu Yahoo", and under the full support of Li Zekai, Zong Qinghou, and Ellison and others, "Baidu Yahoo" is impossible to fall unless it is completely hopeless, or a huge scandal breaks out.
"Hmph, I don't know if I'm alive or dead!" Larry Page sneered.
For today's sake, Larry Page and Segil Brin have already prepared several gifts for "Baidu Yahoo", and this is just the beginning.
Immediately, Eric Schmidt, president of "1", announced a piece of positive news that completely surprised the outside world: "1" will acquire "dub1ntbsp" for $1.3 billion; dub11k is mainly engaged in the development of online advertising management software and advertising services, and the centralized planning, execution, monitoring and tracking of online advertising activities. When DUB11K was listed on the NASDAQ, its market value was more than $10 billion, but unfortunately it suffered from the Internet winter, and its market value fell all the way. In the face of the strong "1", "dub11k" company finally chose to cooperate with "1"!
Of course, to say that cooperation is an official beautiful word is actually to be annexed. However, instead of struggling to perish, it is better to choose to be annexed, become a part of "1", and sail into the distance under the aircraft carrier "1".
There was an exclamation from the outside world. Although "dub11k" is now in decline, its customer resources and market sales channels are still there, "dub11k" can not get out of the current Internet predicament, but "1" can. The cooperation between the two sides can definitely be greater than 1+1 than 2.
It's just that the outside world is very strange, where did "1" come from so boldly to make such an acquisition. Although "1" was listed for financing today, this contract was signed before the listing. In other words, "1" completed an acquisition plan involving $1.3 billion without knowing the prospect of listing. That's a pretty big bet for the "1", which had a turnover of just $9.6 billion in '23.
Once the listing and financing fails, the "1" will be finished and will completely fall into the abyss. Why did "1" have the audacity to make such a big gamble? This is really unbelievable for "1", who has always been cautious. Moreover, why did "dub11k" agree to such an acquisition as "1"? Wall Street is quite puzzled.
Of course, this doubt has now disappeared with the success of the "1" listing and financing. The stock price of "1" has also climbed. The stock price soared to $135!
The price is beyond everyone's imagination. At $135, based on the total share capital of "1" of 3.2 billion shares, the market value of "1" is already as high as $43.2 billion, while its two founders, Larry Page and Ségiel Brin, have $393.5 billion and $38.2 billion, respectively. The two became billionaires in an instant.
Could it be that Larry Page and Ségill Brin were able to predict the success of the "1" IPO? Wall Street was puzzled. If it weren't for Lin Feng's horizontal shot, Wall Street wouldn't be so confused. But Lin Feng let "Baidu Yahoo" and "1" go public on the same day, which made Wall Street have to be cautious about it. The magic of Lin Feng is clear to Wall Street. Wall Street's belief in the "1" should also be very clear.
That being the case, why did they dare to sign a $1.3 billion acquisition contract with dub11k before? This is counterintuitive.
Larry Page and Ségill Brin looked at each other and smiled. The reason why they dare to do this is only because there is a shareholder behind them, and this shareholder is none other than Intel, the boss of the personal computer chip industry.
Intel promised to spend $100 million in cash to fully support "1" in the form of interest-free loans to fight "Baidu Yahoo". With the full support of "Intel", "1" naturally dared to reach an acquisition agreement with "dub11k" at a price far from its annual turnover before going public. With the support of "Intel" behind it, "1" is naturally not afraid of anyone. And this is not the only acquisition. It's just that there is still something to be left behind, and now is not the time to make it public.
After all, from the opening to the present, "Baidu Yahoo" has not moved at all, and in the face of the sharp decline in the stock price, "Baidu Yahoo" itself has not reacted, which is really unusual. Although Lin Feng's friends took action and did their best to support the city, their funds alone could not completely help "Baidu Yahoo". Unless Ellison and others are willing to take out all their family assets to support the market, then the stock price of "Baidu Yahoo" can be stable. However, no good news came out of the company, and in the face of the strong suppression of "1", the final result was still the same, the stock price fell sharply, and was finally driven out by "1".
But now it's strange that Lin Feng, Robin Li and Yang Zhiyuan didn't show up. It's not weird. On the first day of the company's repeated listing, the three-brain characters disappeared en masse, and none of them appeared, which is too weird. This has never happened in the history of the NASDAQ. Larry Page didn't know what Lin Feng was up to, but no matter what, he had to make a few more preparations to prevent Lin Feng's sudden appearance from startling him.
As for "Intel" taking out $100 million in reserves to fund "1" this time, in Larry Page's view, "Intel" is also forced to helpless. Originally, "Intel" had an advantage in chips, but Lin Feng and Ellison acquired "T" and "Female D" to unify the graphics card market, which is undoubtedly a huge challenge for "Intel". Although "Intel" is also preparing to launch its own graphics chips, in order to counter Lin Feng's graphics monopoly, it remains to be tested how effective it will be in the future. In this case, if Lin Feng is unified in the search engine world, it will undoubtedly be worse for "Intel".
Therefore, "Intel" helps "1" that is, it helps itself. It can't sit idly by and watch Lin Feng continue to grow! Therefore, Larry Page willingly accepted the funding of "Intel".
Of course, whether "Intel" has ulterior motives or not, then no one knows.
At this time, Lin Feng and his party finally arrived in New York and arrived on Wall Street.
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