Chapter 967
Because there is no press conference.
Just a letter from the company.
therefore.
The acquisition of ARM proposed by Tang Qing is known to a small number of people.
Those in the know almost thought that Tang Qing was overconfident and wanted to "win glory for China", but he didn't take it seriously, and Tang Qing's acquisitions in the stock market moved many people's hearts.
They think it is impossible for Tang Qing to acquire ARM at all.
Because this is a Chinese company.
Regardless of the technological blockade of China by Western countries, the major semiconductor giants alone will not agree.
Once the acquisition fails.
Or Tang Qing thought it was impossible to succeed.
They will definitely sell their stocks and then leave the market. Therefore, this wave of rising market, without any actual support, is just an accidental event. In this case, why not make a fortune.
the results of this analysis.
It was exactly what Tang Qing wanted.
After all, if you can save a little, you can save a little. ARM’s current share price has pushed up, and the acquisition of ERV is also a waste. Tang Qing’s role is to be a passionate acquirer.
then.
in this generally accepted case.
Institutional investors did not continue to work hard, and the rise of ARM's stock price stopped, but the huge buying volume was hanging every day. It rose by 15% this week, and the price fell on the latest day, which stimulated the Few people.
that's it.
In everyone's joke-like business.
Tang Qing's company continued to absorb chips, and then continued to propose acquisition intentions to ARM. The quotation has risen from US$2 billion to US$2.5 billion now, which makes ARM very annoying.
They said they were not for sale.
Again and again.
Even if sold.
They also won't sell to Huaxia's company, but while they are bored, they are also in a good mood. At least, Tang Qing's increase in the purchase price also means that the company's valuation is increasing.
The stock price also rose ten percent.
therefore.
It can be regarded as a beautiful trouble. In this way, from another perspective, ARM found that Tang Qing's operation was beneficial to the interests of their company, and there was no such big resentment.
But acquisitions.
Don't think about it.
. . .
September 14th.
U.S.
New York.
Strategic financing negotiations for ERV begin.
It is different from Tang Qing's low-key acquisition of ARM.
ERV announced the strategic financing plan to the media in a high-profile manner, and the media from various countries rushed to report it.
"ERV announced the launch of the first round of strategic financing, with the participation of a number of Internet companies and investment banking groups. Prior to this, Sequoia Capital's plan to buy 50% of ERV's shares for $5 billion was rejected. "---Associated Press.
"Apple will participate in this ERV strategic financing and is preparing to invest 2 billion US dollars. The chairman of ERV expressed interest. The market opened this morning, and Apple rose by 1.7% due to the good news. "--Reuters.
"Warren Buffett Says If ERV Goes Public, He'll Spend $1 Billion in Equity Investments. "--The Times.
"ERV has opened the way of financing, whether the next Internet myth is born! "-- Xinhua News Agency.
". . . . . . 》
strategic financing.
Different from general financing.
Strategic financing is to introduce new shareholders by selling shares or swapping shares for the development of the company without lack of working capital at all.
Financing for the purpose of reaching strategic cooperation.
to be honest.
I just don't have the money.
However, I feel that your shareholder is helpful to my company. I can allow you and me to trade shares to a certain extent. On the premise of a win-win situation, the two sides will reach a strategic cooperation.
message out.
Bull ghosts and snake gods jumped out.
Rumors are also flying around.
Some people say that the chairman of ERV is going to sell 80% of the shares this time in exchange for cashing out and leaving the market. Some people say that the introduction of strategic investment by ERV is the result of being threatened by major giants and finally compromised.
There are even rumors that ERV falsely reported its accounts, and the profits are not that high.
The truth of these remarks is unknown.
but.
Everyone knows one thing. .
That is the step that ERV has finally taken. With several powerful sources such as "War Fire", as well as a pioneering live broadcast software operation method, coupled with its own excellent network technology, it will definitely become a giant in the future.
that's it.
ERV dominates the global financial news of the day.
Many reporters are waiting for first-hand news at the door of ERV.
. . .
Available at ERV headquarters.
The first phase of negotiations has reached a 'stalemate'.
"This is impossible. If you do this, the valuation of ERV has exceeded 50 billion US dollars. Before that, our Sequoia Capital's valuation was also around 12 billion US dollars."
After hearing the warrior's financing plan, the person in charge of Sequoia Capital became anxious in an instant.
Just started.
When they heard the size of the strategic financing of ten billion US dollars.
Many people burst into laughter.
Because this means that ERV will take out a large part of the shares for financing. They have been greedy for a long time. However, the reality is far from what they think. Others are only willing to take up 20% of the shares.
This represents.
ERV's self-assessment has reached 50 billion US dollars, which is completely a lion's mouth, and this mouth is especially big, so big that they can't accept it at all. Today's US dollars are very valuable.
"Sir, we are cooperating with sincerity, and we don't see the slightest sincerity in your offer." The representative of Samsung jumped out to object.
"That's right, this is total extortion." The representative of SoftBank spoke the third.
"If this is the case, there is no need for our negotiations to continue." Apple fourth.
"..."
At the negotiating table, 'excessive language' has always been a strategy, or a necessary 'lubricant'. How could such an important negotiation be thrown away in just a few words.
conference room.
One by one, the soldiers complained that they had too much appetite.
But the butt is sitting very firmly.
The soldier's face did not change.
Play psychological warfare.
These so-called experienced guys are not enough to look at at all. The valuation of 50 billion US dollars is of course a lion's mouth, but it is not unfounded, at most it is a part of the premium.
"Everyone, please listen to me."
The soldiers pressed their hands, and their strong aura and eyes made the representatives of various companies stop immediately.
Especially the managers of IDG Group.
He has experienced this negotiating ability.
IDG originally wanted to take a stake in ERV. In the end, it was a joint venture to form a United Technologies company, which is now well-known in the industry and has undertaken a number of classified software projects for the US military.
"Our valuation, whether you think it is overestimated, please read this document and say, this is part of the secret of ERV, please don't spread it, we will announce it at the right time."
Done.
The soldier gave a vice president a wink.
The soldier started distributing documents to various company representatives. After a while, there were constant exclamations in the conference room. The first thing that caught his eye was the ERV's asset profile.
That long list.
The list of as many as thirty-five companies made their hearts jump. They were not surprised by the number of companies, because this had been investigated before, so there was nothing to be surprised about.
They were surprised.
At the back of this directory, each company's name is followed by a valuation that is not low, ranging from 100 to 200 million to several billion. The number one is ERV game company.
That is, the only game it operates, "War Fire".
The valuation is $20 billion.
After pre-reading the third-quarter earnings report, they felt that this was a conscientious price, and there was no lion's mouth. If the above said, the after-tax profit of "War Fire" in 2006 will exceed 1.8 billion US dollars.
such a profit margin.
For a company that was only a little over a year old.
Not crazy.
The second place is the live broadcast software. This software was spun off from the game company and operated independently. Although the launch time is very short, its monthly profit has exceeded 20 million US dollars.
If it goes on the right track, ERV estimates that the annual profit will not be less than 500 million US dollars, so the company is valued at 8 billion US dollars, although it is a bit inflated, but the prospects are very good, and it is not excessive.
As for the third-ranked United Technologies Corporation, which is also a company that cooperates with IDG, it was actually valued at US$7 billion. After reading the introduction, it seems that. . Not too crazy.
Because ERV takes the optimization algorithm into account.
Assigned to this company, after such a long cooperation, ERV authorized them to use this algorithm to optimize their games and programs, as well as other optimization projects, which can also generate a profit of 100 million US dollars per year.
Consider the value of the algorithm.
In addition, it has undertaken a large number of high-profit military projects, and so on. . . Just so stupid.
They find that their minds are following the words.
They are here to lower the price, not to nod to give money. After reading it quickly, they suppress the shock in their hearts. They are going to "theory" with the soldiers. Unfortunately, the momentum is broken by the data, and it is difficult to repair.