Chapter 519 Started the acquisition of Sohu
In 1995, Zhang Chaoyang returned to China to found Aitxin Information Company, and at the end of 1997, it was officially renamed Arc Search Company, and the Arc Search portal was launched.
Intel was the first venture capitalist to invest in Zhang Chaoyang, but now Li Feiteng is more familiar with Intel, so he is very clear about the current share structure of Soarc.
Sou Arc, Zhang Chaoyang owns 26% of the shares, the island country Morningstar has 22%, Yanda Jade Bird has 21%, Intel only has 6%, and the remaining 15% is listed stocks, in the hands of shareholders.
However, Li Feiteng has asked Ru Lynch to buy 6% of the shares on the Soarc stock market, and Intel is on his side, so he already has 12% of the vote.
To acquire Soarc, he only needs to get another 39% of the shares and own more than 51% of the shares, then Li Feiteng can hold a board of directors and do what he wants.
For example, Zhang Chaoyang's search arc was merged into the Google Group.
Li Feiteng doesn't have to meet Zhang Chaoyang at all, this person, he knows too well, he will always be an arrogant person, there is no way to negotiate at all, only to get more shares than him, directly absolute control, and really defeat Zhang Chaoyang.
It's just that the difficulty of acquiring Arc is really great.
Li Feiteng really doesn't understand the position of the morning star of the island country, and if he can't win it over, he will laugh and be generous.
The attitude of the island people is difficult to grasp, and he can only choose to contact Yan Da Jade Bird first.
China's famous universities basically have schools and enterprises, such as Yanda Jade Bird and Qingmu Tongfang of Qing University, these two schools and enterprises, the capital is also quite abundant. For example, Li Feiteng's company. Not all of them live in the Qingmu Science Park.
Qingmu Science and Technology Park. It belongs to the school-enterprise industry of Kiyoki University.
Yanda Jade Bird is an IT company that was established only last year, and was founded together with APTECH in India.
APTECH is the world's largest computer education company, and the purpose of Jade Bird's establishment is to provide IT talents for Huaxia, such as the concept of "software blue collar" was first proposed by Jade Bird.
To put it simply, "the excavator is looking for Lan Xiang, the computer is looking for Blue Bird, the chef is looking for New Oriental, and the English is looking for Li Yang."
Li Feiteng and Yanda have a good relationship. He is also an honorary professor in the Department of Literature and History at Yan University, and a distinguished lecturer in the School of Computer Science.
In the three fields of literature, history, and computer, Li Feiteng is a well-known expert in the world, and he is definitely an expert, not a brick family.
"Mr. Li, you are a rare guest, please take a seat. Yang Ming is the general manager of Jade Bird, and he was very surprised by Li Feiteng's appointment, after all, this is really a figure who sees the head of the dragon and does not see the end, and he can usually see it there.
Li Feiteng looked at Yang Ming's office. Seeing that there were calligraphy and paintings, he thought for a while and smiled: "Mr. Yang likes traditional calligraphy and painting." I have a lot of collections at home, and I have time to go to my house to appreciate and appreciate them. ”
Yang Ming was a little confused, he was just a manager, although he was also a person with status, but he was not very familiar with Li Feiteng, and the two had not dealt with each other much, he was suddenly so enthusiastic, he must have something to ask for!
"Haha, okay, but Mr. Li must be a noble person who has nothing to do and goes to the Three Treasures Palace, this time he asked me out, definitely not for interest, right?" Yang Mingsuo said clearly, no matter what it is, it will not work after listening to it.
Li Feiteng smiled slightly, he did not continue to sell Guanzi, and said: "At the beginning of this year, Jade Bird invested 6 million US dollars in Soarc, accounting for 21% of the shares. ”
Yang Ming was surprised, he didn't expect Li Feiteng to be this purpose.
He was even more surprised by Li Feiteng's understanding of this matter, you must know that this matter has not been reported, and only a few people know about it.
Yang Ming immediately reacted and asked, "Mr. Li, do you want to buy Sohu?"
Li Feiteng nodded lightly and said: "There are four major portals in Huaxia, and three of them are already controlled by me, so I don't have any worries when I take the search arc, and this is my purpose." ”
Yang Ming is impressed that he can say his purpose so directly and generously, one is brainless, and the other is rich and willful.
It seems that Li Feiteng really got the assistance of a big consortium and wanted to win the entire Internet market in China.
"Mr. Li, to be honest, if you monopolize it in China, it is simply impossible for your current position. Yang Ming said seriously.
Li Feiteng said with a smile: "In the mall, there is no impossible thing, only the impossible price, do you want to know how much I bid for my 21% stake in Jade Bird?"
"Mr. Li, please speak!" Yang Ming was also a little excited, they originally invested 6 million US dollars, because they thought that the listed shares of Soarc would not be low, but after the Internet bubble burst, it became a fantasy, and they did not let Soarc continue to sell shares.
"Fixed price, $30 million, I think it's okay, no, I won't pay a penny more. Li Feiteng said indifferently.
$30 million! After Yang Ming heard this price, his legs were a little weak.
The investment of $6 million has increased fivefold in less than half a year, and the price is simply too attractive!
Yang Ming stammered excitedly and said, "Mr. Li, are you serious?"
Li Feiteng raised his hand and touched the door of his head, and said speechlessly: "Will I lie to you?"
Yang Ming hurriedly said apologetically: "Don't blame Mr. Li, I'm too excited, you wait a minute, I'll notify the chairman and the board of directors immediately." ”
Li Feiteng nodded and said with a smile: "I'm afraid you still have to discuss, I'll leave first, if it doesn't work out, just give me a call." ”
Yang Ming hurriedly followed and sent him out, and he said: "Mr. Li, don't worry, I will call you as much as possible, it won't be too long, at most tomorrow morning, I can draw a conclusion."
"Okay, don't send me away, go get busy!" Li Feiteng waved his hand, and he left the blue bird quickly.
Coming out and getting into his Mercedes Benz, Li Feiteng couldn't help laughing.
Is $30 million a lot? For Bluebird, it's really a lot of money!
But for Li Feiteng, he is not a loss at all.
The monopoly of the Internet, where is it so simple, the arc search has survived, and the future value will be at least more than 1 billion US dollars.
Not to mention these, the acquisition of Soarc means that in the field of portal networks, Li Feiteng has one more assistant and one less competitor.
The integration and condensation of the resources of the four major portals, coupled with the three magic weapons of Google, Baidu, and buckles, Li Feiteng does not believe that he cannot break the Microsoft empire.
"Hey, Japan's Morningstar, I don't know what the attitude will be, if you can't even make money, the acquisition of Sohu will be in vain. Li Feiteng sighed, he didn't know anything about Morning Star, so he could only wait for the conclusion of the Blue Bird before trying to contact Morning Star. (To be continued......)