Chapter 971
It is also a joint technology company that benefits from its cooperation with IDG.
Several items came down.
ERV got 'membership' of the US classified software project.
Otherwise, the average company wants to go through this process, and the time it faces is quite long. The software alone costs the U.S. government $150 million a year to license it.
And there are no restrictions on exports to other Western countries.
That is to say.
If other Western countries want to use it, they have to pay a fee. It is estimated that by the end of next year, the company's annual licensing fee may exceed $500 million or even higher.
Although earn less.
There are not as many companies as IBM, but the soldiers can't make money for this equipment for the time being. It's like Huawei's equipment is rejected by Western countries. If you don't have something, people will buy it.
What's more, it's not 'no' yet.
"Mr. Chairman, can the ERV funds support these projects?" Toshiba's director asked.
"Of course there is no problem. Many of these projects are just beginning and do not need to invest too much money at one time. With the profitability of ERV, even if there is no loan, these projects can be continued."
"In the meantime, I'd like to highlight the first acquisition of the new ERV," Warrior continued.
"Acquisition plan?"
The people below were stunned.
Just got the money, the funds for these long-term projects may not be enough, are you still buying?
I guess it's a cheap company.
"The company is called -- ARM."
Warrior finally said the final goal of this strategic financing.
"WHAT?"
"ARM?"
They all thought they had heard it wrong.
What are you buying this thing for? The company present, even the weakest one, has a market value of more than ten times, or even dozens of times, that of ARM.
Although almost all of them cooperate with ARM and adopt ARM's technical architecture.
but.
This is a compromise based on common protocol standards.
If everyone's equipment adopts the same architecture technology, it will reduce a lot of trouble in equipment compatibility, not because they can't design chips, but to avoid falling into vicious competition of architecture standards.
"Chairman, why would I want to buy this company?" Apple's director raised his hand.
"This is based on ERV's long-term strategic considerations. Almost all of the projects I mentioned before involve chips, so I plan to buy ARM to save the company's future expenses.
Originally, I planned to develop new architecture technologies by myself, and I also acquired the last company you saw on the list. However, for some reasons, I suddenly felt that the acquisition of ARM might save a little time. ' explained the soldier.
"Which company is working on a new chip architecture at the end?"
"It seems, it was really mentioned."
"By the way, I am also a little impressed."
"..."
Recall that list from earlier.
The company with the lowest valuation.
Many of them just looked at their names.
This company with a valuation of less than 100 million US dollars is not worth their bargaining. The real big players are those core business companies with billions and tens of billions of dollars.
The soldier continued.
"ERV has been involved in the design of large-scale integrated circuit chips for a long time. It acquired SVC Computer Company in the United States six months ago. Now it has achieved small results. However, out of consideration for avoiding competition, I decided to acquire ARM."
"That's what I called help earlier," the soldier continued.
"what?"
"Is this helping?"
"..."
The soldier finished speaking.
Immediately following the excitement.
It turned out that this was the 'help' they had guessed for many days. Looking back on the financing process of ERV this time, was it just to raise funds and contacts to acquire ARM?
But it doesn't make sense.
Even without acquiring ARM.
This company won't be a hindrance to ERV either, and it wants you to use it. That can only be attributed to the chairman's strong desire to control, which they have already seen.
To help or not to help?
this is a problem.
One is a partner who has cooperated for many years, and the other is a rising and ambitious ERV, and ARM's shares are mainly not in their hands, most of which are still in the founders.
Even if they help.
You can't force an old friend to sell the company.
Others think differently.
Representatives from Intel were cheerful.
They have been competing with ARM for the market, but in the field of mobile devices, they were almost beaten by ARM. Now ERV is involved in ARM.
As for whether ERV will bring ARM to the next level.
Intel doesn't care.
The positioning of the X86 architecture and the ARM architecture are different, and it is basically impossible for the two sides to rely on the existing architecture technology to break through this layer of 'diaphragm', otherwise, there will be no current pattern.
"Chairman, we are very embarrassed about this. After all, we are only small shareholders of ARM, and it is impossible to force others to sell the company. Please understand." The Apple director said first.
ARM was in its infancy.
Apple owns 39% of its shares, and later sold most of it. Now it is only a minority shareholder, but as one of the founders, it has always had a good relationship with ARM.
Apple directors think.
The chairman was ready to give them a head start, of course, to say something.
"Yeah, this company is not ours to have the final say." The Samsung director said.
"Chairman, I think the success rate of acquiring ARM is very low, and it is likely to spend all the cash raised by ERV, which is not conducive to the progress of other projects." The director of Sequoia Capital continued.
"..."
The directors were in a bad mood.
However.
The soldiers were unmoved.
"Please rest assured, you don't need to come forward. As long as you don't object on the board, it will help us. If the acquisition fails, it's a big deal to start a backup plan and take the road of self-developed chip architecture."
Hearing that they don't need to come forward to persuade, the directors all feel that the soldiers are too confident. Are they underestimating them? People are so strange sometimes, they are afraid of being used by others, and they are also afraid of being perceived as useless.
"That's it for this meeting. Please also pay attention to the regulations of the board of directors. Our vice chairman will fly to ARM headquarters in the afternoon to formally propose the acquisition. Do you have anything else to do?"
that's it.
The Warriors strongly passed the board resolution.
This is the advantage of absolute holding. At critical moments, you can go your own way.
The directors looked at each other in dismay, and it was like this. What else did they have to say, and they would not listen to persuasion anyway, so let the chairman toss and toss, even if the tossing fails, there is no loss.
If successful.
The big deal is to burn the funds from this financing.
There are ongoing profits from Warforged.
Or take out a loan from a bank.
ERV how to go and how to go.
. . .
the next day.
ERV officially announced the acquisition of ARM, and the media was in an uproar. Just after the financing was completed, it began to spend money. It was still the acquisition of ARM. The reporters were delighted and had something to write about.
Most feel unreliable.
Or for the hype before ERV's listing, so ERV dominated the headlines for another two days.
But.
Two days later.
That is September 23rd.
In an incredible look.
ARM founders hold a board meeting.
Agreed to sell 41% of ARM's shares in his hand, did not accept cash, and instead held 3% of ERV's shares, which were sold by the chairman of ERV.
It's like saying that you got it without spending a penny.
But it's not over yet.
There is no absolute holding.
The following week, ERV acquired 5% of the shares at a premium from several companies. So far, Tang Qing bought them in the stock market and Ayman's cousin sold them.
Tang Qing has already achieved absolute control over ARM.
And this kind of shitty operation.
Blind the eyes of too many people.