Chapter 147: Big Brother, My Stomach Exploded......
Of course, the prospect of this proposal is promising, but when the board members who are awake and settle the scores, they find that the US nuclear industry is a mess, and if we buy Westinghouse now and take over China's $50 billion power plant project, at most we will maintain a balance of payments, and we don't know if we will lose money when prices rise in the future. Pen? Interesting? Pavilion wWw. biquge。 info
And the meaning of the Panda Group is very clear, they will take out supercomputing technology in exchange for money, and then use the money to build nuclear power plants.
If IBM takes over Westinghouse, it will have to take over the construction projects of China's six large nuclear power plants, and with the annual growth rate of nuclear power plant costs of 10%, coupled with inflation, the total construction cost of the entire nuclear power project will exceed 100 billion US dollars in ten years, and IBM will lose so much that it doesn't even recognize its mother!
In order to keep its nuclear power business, Westinghouse has really risked its money and will take over China's large-scale power plant construction projects without making money.
IBM's board of directors is not interested in supercomputers, because supercomputing does not immediately bring profits to the company, and the cost of designing and developing petascale supercomputers with current semiconductor technology must be extremely high. There are few companies that can afford to use it after commercial operation, and in the end, the Ministry of Defense is willing to pay for it, and it will take at least five years for the promotion of cheap commercial supercomputing, and IBM can't wait so long.
IBM is most interested in nano-level semiconductor equipment, it is obvious that after mastering these equipment, the company will be able to monopolize the global chip market, and in the future, every computer in the world will use chips made by IBM, and this business alone can bring at least billions of dollars of net profits to the company every year.
The most important thing is that IBM's personal computers are able to use the most advanced chips ahead of other brands, and other computer companies will not be able to compete with IBM, and the economic benefits generated by this monopoly are indeed worth paying $60 billion to buy.
Still, the board felt that $60 billion was too expensive, and that IBM had a market capitalization of more than $200 billion, but that was only the value of the stock. They really couldn't raise that much cash, and even $10 billion was difficult, so they asked Bart to bargain as much as they could, and made it clear to Bart that how much money he saved for the company would determine his position on the board!
Bart was so excited that he was finally going to become a member of the board of directors of the company he dreamed of, from a small IT technician to a board member of the world's largest computer company, and the chance of this was probably only 1 in 100 million.
For a better life, after Bart used the hair dryer in the room to dry his underwear, he walked out of the door in good spirits and prepared to have a good time with Chen Xu.
It's just that as soon as Bart went out, the content of the phone call between him and the board of directors on the other side of the ocean was written into a document by the monitor, and then put it in the lounge where Chen Xu was.
"Little Wu, how much price do you think is appropriate?" Chen Weiguo flipped through the monitoring documents, and turned his head to look at Chen Xu, who was squinting and napping, this guy was lying on the sofa like a puddle of mud since he came in, and his face was not quite right.
"As long as it is not less than 50 billion US dollars, in short, we have to make money for nuclear power projects, not to mention that we have bought a large number of shares of IBM and Westinghouse on the NASDAQ in the United States, and this round of rise can make hundreds of millions of spare money. So just look at Jae. Chen Xu rubbed his stomach, stood up and accompanied his eldest brother back to the conference room to continue the negotiation process.
"Is there something wrong with you, kid? Just when you entered the house, it was to see that you were depressed. The two brothers passed side by side in the corridor, Chen Weiguo looked at Chen Xu, whose walking posture was a little twisted, and asked with concern.
"It's nothing, maybe I was cold from the cold wind on a three-wheeled motorcycle just now." Chen Xu just felt that his body was floating, and he didn't think it was a big problem.
"After Lao Zhu's motorcycle is driving fast, you don't take him anymore, and it's not that there are no cars in the company. I'll ask my sister-in-law to cook you some ginger soup when I go back, drink it and lie in the bed all night. "Only Lao Zhu's three-wheeled motorcycle in the company went on a rampage, so Chen Weiguo could easily guess how Chen Xu was cold.
Entering the conference room, the delegations of both sides were already seated, waiting for Chen Xu to come back.
"Mr. Bart, what is the opinion of your board? Do you agree to buy our technology? As soon as he sat down, Chen Xu asked knowingly.
Bart squeezed the pen in his hand, his eyes wandering, for him the negotiation was no longer about fighting for the company's interests, but a crucial battle to determine his future position. The pressure was so great that he didn't speak for a while, just stared at the pen in his hand in a daze, and didn't even notice that his forehead was already sweating.
"Bart! Bart! Wake up, Mr. Chen is asking you a question! William Barshall, who was sitting next to him, saw that the people around him didn't reply for a long time, so he quickly pushed the other party under the table, and urged in a low voice.
"Oh! I'm thinking about ......" Bart woke up from his contemplation, and the momentary distraction just now made him make the biggest decision in his life, after he drank a large sip of boiled water in the glass, he said solemnly: "Our company agrees to buy the computer technology of the Panda Group, but the premise is that the price must be reduced, and the company really can't afford the $60 billion you want." ”
"What price is the IBM board willing to offer?" Chen Xu rested on the conference table with his hands crossed, his chin resting on it, and his eyes staring at Bart opposite. Now that he knew that the IBM board of directors had given the initiative to Bart, he could put as much pressure on him as possible to mentally crush this guy.
"53 billion, this is already the highest price our company can offer!" When it came to the end, Bart became decisive, he knew that the bottom line of China's negotiations was 50 billion, so he added some money on this basis, anyway, if Chen Xu raised the price again, he would also stick to the $55 billion mark.
"Deal!" Chen Xu took a deep breath and agreed to the other party's bid almost without thinking.
At this moment, Bart felt that the whole world was lit up, and a bright future seemed to be beckoning to him, but when he was excited and just mentioned in mid-air, Chen Xu spoke again: "However, I lost $7 billion, and IBM must pay the corresponding price." ”
"At what cost?" Bart blurted out.
"IBM must work with the Southern Heavy Industry Group to develop a supercomputer, and the supercomputing laboratory must be located in China's magic capital, and China also has the right to use the supercomputer developed! After IBM developed nanoscale semiconductor equipment, the Chinese side had the right to buy it as soon as possible. Chen Xu spoke out about his requirements, especially for nanoscale semiconductor equipment, and after IBM spent a lot of money to improve the semiconductor production process, China must be able to buy finished machines.
Chen Xu also knows where IBM's bottom line is, nano-level semiconductor equipment is the top technology that they will rule the IT world in the future, and it is impossible for Americans to agree to share the production process of semiconductor equipment with Panda Group, at most they will export finished equipment to China.
Chen Xu is not a greedy person, he also knows that every inch is short, the country cannot be the world's top in every technology, IBM spent 53 billion to buy design drawings, then they naturally have the monopoly of these equipment.
As for the central chip processor, there is no need to cooperate with IBM, as long as there is nano-level semiconductor equipment, Panda can develop its own chips.
After all, chips are the brains of the IT industry, and Chen Xu has better chips in his hands, and he doesn't want to share these technologies with IBM!
After Chen Xu's request was made, Bart thought about it briefly, and then asked: "Is the supercomputing laboratory in Modu funded by China or invested by IBM?" Or maybe you can throw money together! ”
"Since it is a laboratory in China, let Southern Heavy Industry pay for it! When the time comes, I will ask the best architects in the world to design this experimental building. Chen Xu is rare to be generous, in fact, it is not that he is kind, but IBM has taken out so much money, and he is very worried that this computer company will not be able to bear the debt and go bankrupt.
I have eaten a lot of IBM shares on my side, and if I clear my position, I will lose money, so I will reduce the pressure on IBM as much as possible, and when this company survives the hardest, the stock price will continue to be strong for more than ten years, and the annual dividend will not be paid!
Chen Xu has never done loss-making business, otherwise he would have bargained back and forth with Bart just now, and if he gives up a little benefit now, he can get it back in the future. IBM is the hen that lays the golden eggs, and he is not stupid enough to kill the chickens and take the eggs.
"If we agree to all the above conditions, does it mean that the business is completed?" Bart wiped the sweat from his forehead, puzzled, at this time he didn't believe that the deal was reached so easily, he thought that there would be a tug-of-war with the Chinese side, and it would not end for several hours.
"Yes! The deal is successful, let's shake hands! Chen Xu stood up and stretched out his right hand and said happily.
"Thank you, Mr. Chen...... It was a real pleasure to work with you! Bart choked up and held Chen Xu's right hand with both hands, his mood was too agitated, helping the company save 7 billion US dollars, such a big credit, the company's bonus must be an astronomical amount, maybe it will directly give shares as a reward, this feeling is naturally cooler than winning the lottery.
"Mr. Chen, does the $50 billion contract for the nuclear power plant project need to be replaced by Westinghouse and IBM? The Chinese side took 3 billion yuan, and the remaining 50 billion Westinghouse demanded from IBM, so that the Chinese side could be considered to have paid off the project. William Bashir approached, very cautiously, with a starry eye in his eyes.
"Think beautifully! The nuclear power plant project is settled according to the construction period, and the Chinese side will settle the wages in batches only after the design of the project and the operation status of the nuclear power equipment are all qualified. If there is a quality problem, Westinghouse must rework immediately! Chen Xu really wanted to slap this Bashir in the face, he put forward this shameless condition, not to mention whether Westinghouse would run away with the money, and paid all the project money before the start of construction, and if there is a quality problem in the project or Westinghouse increases the price halfway, the Chinese side will only be slaughtered!
The most important thing is that the $53 billion in cash can be used for various investments, and after ten years, Chen Xu can make this money more than tenfold. He is not stupid enough to spend all the hard working capital at once, and he does not panic when he has money in his hand, there are too many small companies that can be invested in in this era, especially many future large companies in Silicon Valley have just started, and they will become giant enterprises after throwing a little money into it for more than ten years.
Even if you don't have the vision to throw money to Apple, Apple's market value in the future is as high as 730 billion US dollars, although there is nothing to do with the touch screen mobile phone in this life, but with the wisdom of Qiao's helper, he will definitely be able to find another way of development, I believe that Qiao's investment in Apple is still a sure win!
William Bashir returned to his seat in amazement, how much he hoped that Chen Xu would agree to the conditions just now, so that Westinghouse would immediately obtain a large amount of liquidity, and with money, it would have a lot to do in the capital market.
The next time is to draw up the contract, and the two sides are discussing the details, especially for the nuclear power plant project, and now the budget is just being worked out. There are tens of thousands of construction details that need to be asked next, which cannot be explained in a short period of time, and the real contract signing will need to be negotiated for a long time.
At the end of the meeting, seeing the service staff send the U.S. negotiator back to the hotel to rest, Chen Xu slumped on the chair again, clutching his ribs and looking painful.
"Little Five! What's wrong? Chen Weiguo reacted first, and hurriedly stepped forward to support Chen Xu, and other staff members also hurriedly came over, with a face full of concern.
"Big brother...... My stomach exploded! Chen Xu said bitterly, as an old stomach patient, this pain in the left upper abdomen is too familiar, and he can judge it by himself without going to the hospital. (To be continued.) )