Chapter 123: Buy, Buy, Buy
Lin Feng returned to the company. Pen & Fun & Pavilion www.biquge.info
Entering the chairman's office on the 36th floor, he didn't sit for long, and as soon as the tea was boiling, Li Dong, who got the news, came to the door with a bunch of documents.
Li Dong is also helpless.
As a boss, he is good at everything, but he acts casually.
As soon as he went public, he transferred the prominent position of CEO of Menglong to him, and regardless of the heated interviews in the outside media, he took another burden and ran home to visit his relatives and worship his ancestors and go to the .......
It is understandable that the boss wants to return to his hometown.
As a subordinate, let's take on more responsibility.
But there are really a lot of things, and Lin Feng must make the decision himself after he returns.
For example, when it comes to such a major event as an acquisition!
After Menglong went public, the company had $240 million raised from the listing on its books, and the company's own SP business was still generating new revenue, so it can be said that the cash reserves were very abundant.
Lin Feng tried his best to raise this huge amount of more than 2 billion yuan at the end of 2003, but it was not for the purpose of putting it in the bank to eat interest!
These days, according to the scope drawn by Lin Feng before, Li Dong screened the acquisition targets that could strengthen Menglong's wireless business at the two levels of technology and content.
In terms of technology, the existing wireless value-added business, Menglong's technical department can be said to be one of the best.
However, for some future-oriented businesses, such as mobile phone maps, mobile WAP portals, mobile phone video players, etc., these technologies are highly professional, and their own research and development is far worse than finding suitable companies for cooperation or acquisition.
For example, mobile phone maps, map products involve surveying and mapping, data collection, vector rendering, navigation and other functions, and it is necessary to find a professional map provider.
The same is true for WAP portal, after all, Menglong company has limited personnel, and the technical talents who are good at doing content communities have been transferred to the popular website business group, WAP portal requires a large number of mobile application technology and WAP content collection and editing, from the perspective of time cost and input-output accounting, acquisition is the fastest solution.
In fact, Menglong began to study mobile phone video players very early, and the video playback technology based on streaming media also has a certain foundation, but there is still a certain distance from commercial use, and at this time, some relatively excellent video players have begun to appear on the market, such as the storm video player that swept the Internet as soon as it appeared.
In terms of content, according to the three directions of novel, animation, and JAVA game development, Li Dong also screened several top companies in the industry.
Of course, in the end, it is up to Lin Feng to decide which one of these acquisition targets he has prepared.
So as soon as he heard that Lin Feng was back, he ran over as soon as possible.
"Lin Dong, I heard that you went back to your hometown to build bridges and pave roads for the benefit of the township, which is very good!"
Li Dong came in and sat down, accompanied Lin Feng to drink tea, not in a hurry to talk about business, and praised with emotion.
Lin Feng shook his head: "These media are really powerful, what happened to me as soon as I returned to my hometown, they immediately dug it up...... Hey, Joe, my hometown is really poor in the northwest, a village has no money to build bridges for more than ten years, and can only walk dozens of miles of mountain roads every day to go out, and I also do what I can. β
He didn't want to say more, so he stretched out his hand and said, "Bring it, what are you looking for me?"
Li Dong smiled and handed the information in his hand to Lin Feng: "I have screened out some suitable targets for Menglong's acquisition, you can take a look." β
Lin Feng flipped through the information.
In terms of maps, Li Dong chose four companies: Tumeng Technology, AutoNavi Software, NavInfo and Shenzhen Kailide, which are also some of the more influential map companies in China.
"NavInfo is a national team, and it is basically impossible to invest, so you can give it up, Kailide...... Their business should be focused on the GPS navigation direction of the vehicle, and they are relatively weak in other applications of maps. Lin Feng said casually.
Li Dong was surprised: "Have you also learned about these companies before?"
Lin Feng said casually, but it showed that he had already done his homework before.
Lin Feng nodded, thinking about the Tumeng and Gaode families in his heart.
Judging from the memories of his previous life, AutoNavi is of course superior, and Tumeng will be acquired by AutoNavi next year.
The reason why Ali can make efforts on the mobile terminal is that the two mobile Internet entrances of AutoNavi and UC are the key factors.
However, AutoNavi has now established a joint venture with Dongying Aisin, Fujitsu and other companies to establish a navigation company, and there should be no shortage of funds, and a wholly-owned acquisition is almost impossible. β¦β¦ If you invest, there is hope, but the proportion of shares you acquire should not be high.
Maybe you can save the country with a curve?
Lin Feng touched his chin and thought for a while, and said to Li Dong: "Tumeng and Gaode should contact each other, Tumeng will try to talk about a wholly-owned acquisition; Gaode estimates that there is not much chance of acquisition, talk about whether you can invest in them, it doesn't matter how many shares you have." The key to talking to them is Menglong's advantages in the wireless field and the cooperation opportunities in the mobile phone map business of mobile operators in the future. β
Li Dong nodded in understanding.
In terms of WAP portal, at present, because the mainstream commercial use of the mobile network is the 2.5G GPRS network, the support for WAP Internet access is enhanced compared with before, which also represents that the WAP Internet service has entered a period of growth, but before the 3G network, WAP websites are still free sites for small fights.
The only thing worth paying attention to is that this year just established in Guangzhou Jiubang Digital Technology, the founder Deng Yuqiang in the mobile application technology is very strong, early next year, they will launch a wireless 3G portal, before the tide of mobile Internet, 3G portal is a banner in the field of wap wireless Internet access.
In Li Dong's research, he obviously did not have the ability to predict, and chose a bunch of small WAP site companies.
Lin Feng shook his head and said to Li Dong: "For the WAP site, you ask people to get to know Jiubang Digital in Guangzhou, and talk about it to see if they can invest in this company." I've heard from some sources that the founders of this company are very good at data transfer, mobile app technology, and they are now working on a WAP website, and I am very optimistic about this team. β
Li Dong was a little surprised, but he also knew that Lin Feng often had some news from other sources, and it turned out that the information was not wrong.
"Okay, I got it. β
In terms of video players, seeing the name of the storm video player, Lin Feng's eyes suddenly lit up.
Look at the details in the information,Storm video player is developed by a software engineer named Zhou Shengjun in Harbin,This graduated from the Department of Chemical Engineering of Dalian University of Technology,Self-taught programming computer dealer,Self-developed this video playback software,Put it on the network,Received great acclaim,In just half a year,The current installed capacity has been millionsγ
The biggest advantage of Storm Video Player is that it integrates a decoder of many formats, which can be compatible with most popular formats of video.
Lin Feng said excitedly: "We must acquire this storm video player! Joe, this software is very valuable to us in the future, whether it is Menglong's mobile phone video business, or Fengxing's development in online video!
This is the storm video that will create a miracle of A-shares in the future, Lin Feng, as a loyal user of it in his previous life, can buy it, which can be regarded as a long-cherished wish.
Li Dong rarely saw Lin Feng so optimistic about a product, and he was also in good spirits, and nodded and said: "Okay, since you are so optimistic about this playback software, I will talk about it in person!
Lin Feng looked at the acquisition targets of the content category later.
At a glance, I saw the categories of novels: Banyan Tree Website, Beijing Fantasy Sword Book League Technology, Starting Point Chinese Network .......
Lin Feng's heart moved.
looked up at Li Dong: "Joe, I suddenly had an idea, the acquisition of content does not need to be acquired by Menglong." We're all buying it up with Fengxing Company!"
"From the perspective of the pan-entertainment industry, novels, animation, film and television can form a linkage industrial chain with games. As for Menglong's business needs in terms of content, it can cooperate with Fengxing in content procurement. It also used this to send some funds to Fengxing. β
Li Dong was stunned, thought about it, shook his head and smiled: "Lin Dong, you are really a natural businessman...... This kind of related-party transaction is not a big problem. I think so. β
Lin Feng laughed and put down the information in his hand.
"Joe, to be honest, I think Menglong is developing very steadily now, and these acquisition targets are intended to be laid out in advance in the future. β
"I think that Menglong is most anxious about buying his own mansion now!"
Lin Feng's words lit up the raging fire in Li Dong's eyes.
Buy a building of your own!
This is much more exciting than buying some companies in a small way!
"Lin Dong, should we buy the land ourselves and build a new one, or should we find the existing building and buy it?" asked Li Dong.
"It's too slow to start with a new building, let's think about it later, I tend to buy an office building that has already been built. β
The idea of buying an office building was already generated by Lin Feng when Menglong was just listed.
Menglong is different from the Internet companies that are listed because of the urgent need for funds, as the leader of the SP industry at the peak, its cash flow is very good, and the listing financing is more for the future layout.
With the listing of several popular games of Fengxing, as well as the capital increase of shareholders such as Lin Feng, Fengxing's capital reserves are also relatively good.
In this case, it is also a very good investment for the use of funds in Menglong, and the purchase of commercial real estate. After all, real estate prices in the capital will skyrocket in the future.
The two companies are getting bigger and bigger, and the two floors of SOHO Modern City are almost out of place, and SOHO Modern City now has no entire floor of vacant offices to rent.
Even from the objective needs, now they also need to have a building of their own.
"My opinion is not to leave the CBD area, it is also possible to do it within the third ring road, preferably a newly built office building. You choose, there is a suitable property, let's buy a big toy this time!" Lin Feng said with a smile.
"Okay, I'm going to collect information!" Li Dong said excitedly.