Chapter 276: This money is not spent in vain

"Foster, do we have to get the technology from Fingerorks?"

"Now that a competitor has emerged and raised the purchase price from our initial $50 million to $100 million, I want to hear from you. Old Joe called Foster, the head of the human-machine interface department, and asked.

"Uh...... From the multi-touch technology itself, after several years of accumulation, we have developed the corresponding technology ourselves, just a few key multi-touch patents, Fingerorks registered very early, we can't get around. …… If it is not acquired, the relevant patent must be granted. Foster explained.

Lao Qiao pondered for a while, although he felt that it was easier to acquire it, but spending such a large amount of money, just to obtain a few patents, seemed a bit uneconomical.

After all, Apple itself has been accumulating multi-touch technology for many years, and the demand for Fingerorks' technology itself is not strong.

"Perica, raise the price to 80 million, tell them that this is the last offer. Old Joe made a decision.

He wouldn't spend hundreds of millions of dollars to buy a few patents just because of a wealthy man in the East who suddenly appeared.

80 million is already the bottom line in his heart.

You know, Apple declares thousands of patents every year, and has more than 10,000 patents.

If you can develop it yourself, you can develop it yourself, if you can buy it at the right price, you can buy it, and if you can't, you can get it through cross-licensing.

$80 million and $100 million may seem similar, but in magnitude, the impact is very different.

The most important thing at this stage is not to buy this company that researches multi-touch, but to add to the touch project of the human-machine interface department.

After all, within Apple, including Steve Jobs himself, there is no final decision on whether to choose an iPod phone or a touch phablet.

The key now is to keep the company's mobile phone project confidential! confidential!

If you don't buy it in the end, it's a big deal to get a patent license or buy the company again in the future.

In the blink of an eye, Jobs put the matter behind him.

He had so much to worry about.

…………

Lin Feng, Wang Hao, Andy and others had already flown to the University of Delaware at this time.

They are the two founders who came to visit Fingerorks.

Lin Feng's personal visit also surprised Westman and Elias.

Fengxing did show enough sincerity, not only in the purchase price, but also in the company's big boss to fly from China to the United States.

Compared to the popularity, Apple is much more arrogant.

"Richard, thank you for recognizing this project, honestly, I can't believe it, we never thought we would sell this company for such a high price. Elias, a tenured professor at the University of Delaware, is clearly not good at business, and he was very pleased with Lin Feng's visit, and that respect was very important to him.

"No, professor, your multi-touch technology, I think is the future direction of smartphone and tablet development, has an incomparably broad market space, I very much hope to be able to get it! Of course, more importantly, I hope to personally invite the two of you to join the popular Silicon Valley Research Institute. We're embarking on a great project to develop the next generation of smartphones! With this acquisition, I'd like to invite you, along with Westerman, to be the director of the Human Machine Interface Research Laboratory. ”

Lin Feng said seriously.

Fengxing is now not only lacking technology, but more importantly, lacking people.

Therefore, the acquisition condition proposed by Fengxing this time is to acquire the company with people, and the terms stipulate that Westman and Elias must enter the Fengxing company for 5 years.

$100 million, money can't be spent in vain.

From the current multi-touch technology itself to the application on smartphones, a lot of experiments and technology research and development are still needed.

The two also expressed their approval of this condition, after all, Apple's acquisition plan also has similar clauses.

At this time, the general manager of Fingerorks, who had just gone out to answer the phone, that is, White, who was in charge of business operations, walked in with a gloomy face.

He smiled reluctantly at Lin Feng and the others: "I'm sorry, gentlemen, we need to discuss it." ”

"Please" Lin Feng didn't care.

Since he himself has come here, no matter how high the price of the apple is, as long as it is within his affordability, Lin Feng will increase the price.

White and the two founders walked to another room.

"Not so good news, Apple's Perica called, $80 million, this is their final offer, there will be no more price increases. What do you guys think?"

Elias spoke first: "In this case, I think Fengxing is a good choice. ”

"I agree, I think the smartphone project that Lin just presented is very interesting, and more exciting than Apple's Trackpad. Westman answered.

The two looked at White together, and they still respected White, who had been running around for the future of the company.

White gritted his teeth and nodded.

The purchase price of Fengxing is an extra $20 million!

He had $4 million in his hands.

With an extra $4 million, he would have killed Apple......

The three of them returned to the living room.

It was Elias who spoke: "Richard, after we discussed it, we decided to accept your acquisition. ”

Lin Feng got up and stretched out his hand with a smile: "Great, thank you, believe me, this is a very wise decision!"

Subsequently, witnessed by the lawyers of both parties, Lin Feng and the three signed an equity purchase agreement to acquire 100% of the equity of Fingerorks at a price of 100 million US dollars, and at the same time obtained the multi-touch related patents and technologies owned by Fingerorks.

At the same time, Westerman and Elias joined the Popular Silicon Valley Research Institute as director and director of the Human-Machine Interface Research Laboratory.

White wanted to cash out, but Lin Feng admired his business vision and negotiation skills, and invited him to join Fengxing USA as vice president of commercial marketing, assisting Zhang Jing in company operations and acquisitions.

After thinking about it, White finally accepted the job out of curiosity about Lin Feng's legendary experience and the optimism of the smartphone project that Lin Feng described.

…………

On August 30, 2005, the popular Silicon Valley Research Institute announced the acquisition.

The two founders and general managers of the company will join the Silicon Valley Research Institute for $100 million to acquire Fingerors, a company with a number of multi-touch and gesture recognition technologies, and the company's two founders and general managers will join the Silicon Valley Research Institute to form a new human-machine interface laboratory.

At the same time, the popular Silicon Valley Research Institute announced many engineer recruitment positions, including industrial design, structural design, software design, data mining, etc., and officially announced that it will start the research and development of the next generation of smart phones.

The $100 million acquisition was not too big or too small to cause a stir in the media and industry.

But first, smart phones are still in the research and development direction of major mobile phone companies at this time, and an entertainment company that has never made a mobile phone claims to develop smart phones, which has a certain news.

What's more, I don't know where the news leaked out (in fact, it was the news that Fengxing released itself), Fingerorks was first proposed by Apple, but Apple grabbed Fingerorks from Apple because it was up to $80 million, and Fengxing was $100 million.

As soon as the news spread, it immediately caused a shock in high-tech companies and financial fields in Silicon Valley and even in the United States.

A star company like Apple has been followed by the media in every move.

The media will not pay attention to why Apple is only willing to pay $80 million to make the acquisition fail.

But why did Apple buy Fingerorks?

Could it be that Apple is also making mobile phones?...... That's big news!

For a time, the popular Silicon Valley Research Institute became the darling of the media, and countless reporters came to inquire about the news.

Lin Feng smiled, this money was not spent in vain, and he made a big advertisement for the Silicon Valley Research Institute for free!

Of course, whether he offended Lao Qiao or not, it depends on what Lao Qiao thinks, and it is estimated that for him, this is nothing...... [.]