Chapter 2184 Sentimental and Moved

When the former Nortel Networks went bankrupt in January 2009, its market value was only US$50 million.

And their peak thing, the market value is as high as 250 billion US dollars.

Such a huge contrast makes every Canadian feel dejected, but helpless.

They were better in this life, but it was all thanks to Xiao Qi.

Not only because Xiao Qi bought their CDMA department and optical fiber patents; but also because at the beginning of last year, Xiao Qi spent 2.3 billion US dollars to purchase more than 6,000 network patents, and more than 2,000 patents shared with Nortel Networks. patent.

With such a sum of money, they continued to struggle for a long time, and the current market value is still more than 500 million US dollars, which is much better than the previous life.

However, it is not so easy for you to buy Nortel Networks.

Because the debt owed by Nortel Networks to the bank is as high as 3.5 billion U.S. dollars, if you want to acquire it, you need at least 4 billion U.S. dollars, which is a bit high.

As the top telecom operator, Nortel Networks undoubtedly has excellent technical capabilities and patent reserves, and everyone knows this.

But looking at the need to bear so many debts, many companies would rather buy Nortel's patents and pay royalties, which is more cost-effective-Nortel Networks does not dare to ask for patent fees just because the company is in urgent need of money. There is a basic price. Companies such as Ericsson and Motorola have these related patents. If you ask for a higher price, others will definitely buy other companies.

That's why Xiao Qi bought Nortel Networks' optical fiber patents in Asia.

And when Nortel Networks goes bankrupt, these patents will become the property of the custodian bank.

Banks don't care how much your technology patent is worth, as long as you give them a price, they can sell anything.

People only need to spend less money than they are now, and they can acquire the patents and technologies of Nortel Networks. What's wrong with that?

As for the talents of Nortel Networks, it is the same.

Although there are a lot of these talents, many of them are first-class experts in the professional field, but why do you buy Nortel Networks by buying it?

After the collapse of Nortel Networks, these experts became free. Then there is no poaching clause involved, just give them appropriate treatment. You can receive them into your own company, so it costs less to get more things, it's no wonder people don't do it.

So far, those interested in these experts include Ericsson, Nokia, Motorola, GOOGLE, Apple, Microsoft, Facebook... a lot of well-known big companies.

Fairy Company is of course a very well-known large company, even surpassing these companies in terms of market value and influence.

But there is one point, Fairy Company has a natural disadvantage.

That's the bottom line.

Talk about the inside story in the network industry. Some people find it boring.

Because the Internet is all about innovation, a new company can climb up quickly and directly become an industry worth billions or tens of billions of dollars, thus firmly suppressing those century-old companies... Such a thing is the Internet. It happens a lot in the industry, and it's where people get really obsessed.

But it is not.

Companies in the Internet industry often climb high and fall hard.

For example, the Nortel Network in front of us, and the previous YAHOO. Aren't they all representatives like this?

Therefore, many talented engineers are unwilling to work in such a sudden company, because if the job is unstable. It will greatly affect their product development and technology updates.

So in Silicon Valley, in the tech networking industry. Microsoft, GOOGLE, EBAY, Oracle, Apple, Nokia, Motorola and other companies are the companies that people like to go to the most.

Fairy Company is gaining momentum, and there is also Mingxiang Holdings North American Laboratory in the United States, but the problem is that it is a Chinese company, not an American company, and it has not been established for a long time, so it will naturally lose out emotionally.

Therefore, even if the comprehensive conditions are very good, Fairy Company wants to compete with these companies. At most, everyone just sits in rows and divides the fruit, and the family gets a little talent.

But Xiao Qi is very impressed with the talents of Nortel Networks. It has great ambitions.

There are more than 1,000 engineers from various industries in the company he is interested in, which exceeds 30% of the total number of Nortel Networks engineers.

Don't doubt, at the peak of Nortel Networks, the number of employees directly exceeded 90,000. After several layoffs, the core engineers still stayed.

Moreover, one of the important reasons for Nortel Networks' serious losses in recent years is that the salaries of these engineers are too high. Nortel Networks can't make ends meet just by paying their salaries and the expenses of the projects they design. .

Xiao Qi is not afraid that he cannot afford to support so many engineers, but he is afraid that he will not be able to recruit enough personnel to develop his own 4G and 5G networks, as well as continue research and development in telecommunications fields such as optical fiber transmission.

Therefore, Xiao Qi thought of a way, and started contacting the high-level executives of Nortel Networks before he came to the United States.

When YAHOO had just been sold, Xiao Qi asked Zhou Bo to announce an agreement with Nortel Networks.

"With the approval of the board of directors of Nortel Networks, Xiannv Company will contact the engineers of Nortel Networks to try to reach a recruitment intention. "

Looking at the announced agreement, countless people were a little dazed and puzzled.

strangeness?

Why do you need the approval of the board of directors of Nortel Networks to poach engineers?

Besides, now that you are blatantly poaching roles so early, can't you bear it so much?

Nortel Networks will go bankrupt in at most two months, so there is no need to be so impatient, right?

After the second announcement came out, many people were even more puzzled.

"Fairy Company strictly follows the laws of the United States, Canada and other countries. For any Nortel Networks engineer who has signed a work contract with Fairy Company, Fairy Company will compensate Nortel Networks for the engineer's departure in accordance with the agreement negotiated with Nortel Networks. "

It is a normal rule in various companies to poach corners and lose money.

But the question is, is Xiao Qi sending money to Nortel Networks?

A Nortel Network that is about to go bankrupt, is it necessary to give them face like this?

With the strength of Fairy Company, are you afraid that after Nortel Networks goes bankrupt, it will not be able to attract excellent engineers?

Or, Xiao Qi is stupid?

...

Everyone was very puzzled, and they couldn't guess why Xiao Qi wasted money like this.

Even the engineers of Nortel Networks. There are some inexplicable.

Many people have had contact with the North American laboratory of Mingxiang Holdings of Xiannv Company, and many people have considered working there. But what is Xiao Qi doing with such a big fanfare?

However, on the internal employee forum of Nortel Networks, a post by an engineer appeared.

"Nortel Networks will eventually go bankrupt. For this company that has carried my youth and career for many years, I dare not say how much affection I have, but at the moment of parting, I still feel hard to let go. I hope to do something for it What. But I find that there is nothing I can do, and this sense of decadence has haunted me for a long time.

But today, Director Tom came to talk to me and said that he would leave Nortel Networks, but not after Nortel Networks went bankrupt, but agreed to go to Fairy Company's Mingxiang Holdings North American Laboratory in the form of poaching. I asked him why very strangely. Director Tom said that Fairy Company had to pay some compensation to Nortel Networks because he was hired by Fairy Company. Not much, but it was the last thing he could do for Nortel Networks.

Of course, he can also wait until Nortel Networks goes bankrupt, so that his choice will be much larger. For example, GOOGLE and Twitter are staring at him, and the conditions offered are no worse than Fairy Company. But he asked. The only company that can offer poaching compensation is Fairy Company.

Director Tom said that he has been working in Nortel Networks for 30 years, and he has been working here since he graduated from high school. It is also relying on the salary provided by Nortel Networks to marry a wife and have children, and the family lives a happy life. A man cannot forget his roots, although he also has to work hard, but when he can. He is willing to give Nortel a hand, even if he knows that the effect will not be great.

I was crying when I heard it. I never knew that I was so weak, but thinking about the 8 years I entered Nortel Networks, almost along with the development of Nortel Networks, it turned to weakness and was about to go bankrupt. The days during which it occupied a very important part of my life. My previous feeling of powerlessness was because I couldn't do anything about it, but thinking I have this chance, why can't I do my last bit? ..."

Seeing this post, countless Nortel Networks engineers burst into tears.

The emotions mentioned in the post have hit the softest part of their hearts.

Flying separately in the face of a catastrophe is certainly a necessary rule in the workplace, but people are not grass, how can they be ruthless?

Scenes from the past emerge in front of the eyes one after another, unknowingly excited, sad, happy, sad... All kinds of emotions are different, but the common thing is the reluctance and nostalgia for the upcoming departure.

"That's it! I originally decided to go to Microsoft, but I like Mr. Xiao Qi's approach, and I am willing to learn from Director Tom, so I decided to sign with Fairy Company!"

"Me too! For so many years, I have watched Nortel Network step by step into the abyss, but I can't do anything, which makes me very ashamed. Since there is no difference between going to Fairy Company and Motorola, then I will choose Fairy Company."

"Forget it, I don't know how much compensation I can get for Nortel Networks, but it's better than nothing, so let's do it!"

"Isn't this embarrassing for me? I've already agreed to Nokia! Nokia's contract is more suitable for me than Fairy Company... What should I do?"

"Hesitation, you, go ask Nokia, if they are willing to do like Xiao Qi, then you go to Nokia, otherwise you don't go! Anyway, I won't go to Apple, so what about the high salary? You have to be moral! "

"..." (to be continued ~^~)

PS:  In the morning, it was still close to the 100th total monthly ticket, but now it is 111th. Brothers have extra monthly tickets, so be sure to vote for Xiucai!