Chapter Twenty-Six: The Excitement of Being in the Bureau
As the world's only superpower, the United States' economy is simply too large, with countless large companies with a market value of 10 billion or 100 billion. Qualcomm, a company with a market value of less than 10 billion, really can't attract the attention of the media, but Internet heroes Yang Zhiyuan and David suddenly appeared in Qualcomm, which immediately attracted the attention of two local small media, and they stayed at the door of the company to grab some news.
A boss who doesn't use the media is not a good boss, and Owen, as a person who can develop Qualcomm to its peak with a market value of nearly 30 billion, is naturally a good boss. With the clear statement of Yang Zhiyuan and David, he immediately asked the public relations staff to come forward to break the news, and the group of reporters in Wuyang almost arrived with the small media, and at the same time, a wave of reporters began to appear at the door of AHOO.
It's a pity that Qualcomm and AHOO are both listed companies, and all non-commercial secrets must be disclosed to the public.
What's even more regrettable is that Robert is a financial expert, since Yang Zhiyuan appeared on the board of directors of Qualcomm yesterday, he has been preparing this move for a long time, and under their skillful operation, the stock price has calmed down after a short period of fluctuations. However, Owen and his team began to take the initiative to attract the attention of the media, which also sent a dangerous signal to Robert and them: this merger and acquisition was definitely not as easy as expected, and the other party had given up the possibility of off-stage transactions. Because as soon as the media entered, both sides were put in the public eye, and the slightest carelessness would be caught on the sore foot, attracting the intervention of the SEC.
SEC, that's an out-and-out monster, targeted by it, even powerful people like Boeing and GM have to be terrified. If they find out about the dealings, maybe Robert and the others will have to pay a fine and go to jail, even if they all have deep backgrounds.
Now that the media has intervened, Intel, as the acquirer, can no longer dodge, and can only announce in a high-profile manner that it will negotiate with the board of directors of Qualcomm to acquire this crisis-ridden mobile phone chip company. This blockbuster news was immediately amplified in the stock market, and Qualcomm's stock price rose in response, but Texas Instruments, which is also a large company, was not happy.
Qualcomm is just a small company, if it has the support of Intel, will it make a comeback? Their judgment is the opposite of Li Jiaming and Owen, they think that Intel's design, production, and sales model is correct, because they are also such a model.
As a listed company, Texas Instruments cannot publish fake news, but under the reporter's questioning, they can magnify the problems that have arisen in the new chip that is close to the success of research and development, so as to increase the cost and difficulty of Intel's acquisition, and indirectly help Li Jiaming and them fight for control of Qualcomm.
"No, the results of the trial are not optimistic, we can't bring a problematic product to the market, that's irresponsible to consumers. ”
"The technical department said that it was very serious, mainly because of energy consumption. ”
But this is just the opinion of ordinary practitioners, and for the voting directors of Qualcomm, this is an indirect acknowledgment of the success of the development, just waiting for the final test results. In other words, Texas Instruments helped as indirectly as possible, but it didn't do much at all.
Instead, Texas Instruments sent an obviously confusing official letter, saying that they were willing to lend a hand and buy A's patent at a high price, which really helped Irving a lot and won time to delay the vote again. This also shows that Texas Instruments, which has strong financial resources, is very likely to raise prices with huge sums of money in order to prevent the monster Intel from entering the field of mobile phone chips.
The enemy of the enemy is a friend, since Intel is going to enter the field of mobile phone chips, AMD, which has been pressed to the ground and beaten wildly, is not willing to be lonely. Although they are in Ctel, they are a leader in the GPU (graphics processing unit) field, which is enough for them to add to Intel's blockage. Their way of adding blockage is very direct, sending a VP to Qualcomm to express the hope that the two sides will carry out comprehensive cooperation in the field of mobile phone chips, and are willing to invest $500 million for this.
However, ordinary investors do not think that even if stock market analysts analyze everything in order, who will believe it? In February this year, it was these mongrels who said that the stock market was optimistic, but in the blink of an eye, it was a stock market crash.
An agreement of 500 million investment intentions without any legal effect has stirred up several small waves in the stock market. With AMD taking the lead in adding chaos, those who already have investment intentions will make even more waves. In particular, Yang Zhiyuan and David talked about the future of the Internet of Things in front of reporters, and the public A standard represents the future of the field of digital communication.
Ordinary investors are not tech-savvy, and their decisions are often based on a good story, with the endorsement of two Internet heroes, and the intention to invest $3.5 billion in real money, finally investors began to buy Qualcomm shares, driving the stock price to rebound again.
71.25/share
76.14 shares
……
91.28/share
Market capitalization 9.037 billion!
In just five days, Qualcomm's stock price rebounded from $71.25 per share to $89.28 per share, and its market value rebounded to $9.037 billion.
The stock price is the lifeblood of a listed company, and the stock should be celebrated by the whole world, but Qualcomm is not ecstatic, because everyone knows that this is just a false fire. As soon as Texas Instruments' chips are tested, everything will be dusted and dusted. The final resolution of the crisis finally falls on the voting results of the board of directors!
By the time the market value slowly rose to $92.71, Owen finally convened the board of directors again at the urging of the directors to vote on whether to sell the company.
This board meeting was very tense, but without the tension of the last time, at least he remained polite on the surface, and Li Jiaming, Robert and William, who had a conflict last time, even took the initiative to shake hands. Five days is enough time for everyone to lobby the directors again, and everything that can be done and said is completed, and in the end, we still have to see the results.
At this moment, when even one percentage point can determine the winner, the minority shareholders also united, divided into camps according to their own opinions, and sent representatives to participate in the vote. In order to comply with the legal procedures, the two sides sent their own lawyers to scrutinize, and these lawyers were paid a few hundred dollars an hour, and Li Jiaming was really worried that they would delay time for the money.
Who killed the deer?
I don't know, Li Jiaming, who finished voting, also stared nervously at the office that was closed for counting votes, and he had some bottom in his heart, maybe only Owen and Robert, the two kings/bastards, even Li Jiaming didn't count in his heart. If he were one of those directors, he would not necessarily be willing to put a generous compensation and take a huge risk of less than 30% hope.
“,”。
"Huh?"
The people shouted twice, and Li Jiaming, who was in a trance, reacted, changed his smile and said enthusiastically: "Hello, who are you?"
The white man who took the initiative to come over to say hello shook his hand and took the initiative to say, "I'm a Digital Signal Processor (DSe), can you talk?"
"Ok", Li Jiaming guessed that the company's people were unstable, and he clearly supported Owen to protect the company's control, and acquired the patent for QC6522. Perhaps these engineers want to switch jobs if the company changes hands. Hey, people are panicking. This is not a good thing, looking at Wayne's badge is still at the level of department head, even such people are looking for their own way, it can be seen that Owen is no longer their god.
The two walked out of the office and came to the fire escape, and Wayne said bluntly, "Ming, if the company is sold, we have a few colleagues who want to join your research institute." ”
These are all talents, and Li Jiaming also said frankly: "There is no problem, but our company stipulates that after one year, we can only give future stock incentives according to the performance of employees, can you understand?"
Do you think we'll make it?"
It is difficult, even if the work is done in the most detailed and best, Li Jiaming feels that the difficulty is too high. Intel is too powerful, and Qualcomm's situation is too dangerous, normal people will choose to cool off under the tree.
"Ane, are there many people who think like you?"
Wayne, who is nearly forty years old, smiled bitterly and whispered: "Everyone has no heart to work, although our company implemented a large-scale futures stock incentive system five years ago, the company headquarters has not implemented futures shares, let alone an acquired company like us?"
Hey, this is the difficulty of large companies, how can a large company as successful as Intel easily implement the incentive mechanism of futures stocks? Isn't that cutting meat on shareholders?
Futures stock incentives were first introduced in garage companies in Silicon Valley after the advent of the Internet wave. The purpose or purpose of its initial use is because entrepreneurs do not have enough financial resources, so they can only use the future to attract and retain talents. Qualcomm began to implement a large-scale stock incentive five years ago, and it is estimated that it is also because the company is in a bad state that it launched such an incentive plan.
Wayne's initiative to invest also made Li Jiaming think otherwise, regardless of whether Qualcomm can maintain control, HH Research Institute can no longer be confined to iPod chip research and development, and must also choose the opportunity to enter the field of baseband chip research and development. It is better to rely on yourself to be strong than to pin your hopes on others, and it is a big deal to lose money for a few years, and separate the research institute from HH company, so that it can compete with external competitors to accelerate its growth. Money is that thing, whether life brings it or not, and if you don't bring it with you, you have the opportunity to do the right thing, and you still hold it in your hands?
"ANE, if the company is really acquired by Intel, we at HH Research will open the door and welcome you to join. When we talked to AHOO about investment projects in the past, we made our philosophy clear – technology drives content, and even everything. Our company also operates around technology research and development, and everything is centered on new technologies. ”
“”.
Wayne thanked him and hurriedly said, "Ming, do we have the freedom to research? We want to leave Qualcomm, not entirely because of the problem of futures stocks, but also because of the problem of ideas. ”
This requirement is a bit excessive, but for a person like Li Jiaming, as long as it is a talent, he will fully respect it.
"Of course, I don't know technology, why should I interfere with you? I only make requests, as long as your results can meet my requirements, even if you are researching perpetual motion machines. ”
“”.
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