Chapter 2982 New Routine

Cupertino, Apple headquarters. After Cook saw a report, he immediately reported to Jobs, "Steve, I just got the news that former Attorney General Michael Mukasey has arrived at NEXTDOOR with Cummins. "

Jobs, who was leaning on the sofa, sat up after hearing this, "This shows that they will definitely take action,"

He thought for a moment and said, "Tim, although I'm not sure what they will do next, I am certain that their actions should go beyond simply strengthening their ability to deal with lawsuits."

"Yeah Steve, I feel that way too," Cook said.

However, they couldn't guess what Feng Yiping would do besides that.

At the same time, Ballmer at the Redmond headquarters also got the news. He didn't take it too seriously, because Microsoft has always had the upper hand in the encirclement and suppression war they launched against Android.

The agreement reached with HTC last year has brought them considerable additional income. At the same time, the negotiations with Samsung have also gone smoothly. Now they are just stuck on the quotation.

Samsung recently said it wanted to pay them only $10 per phone for patents, instead of the $15 they requested.

US$10 is actually a very good asking price. Think about how much profit HTC, which is smaller than Samsung, has brought to Microsoft?

HTC's patent fee for each mobile phone is only US$5.

After reaching an agreement with Samsung on the Android system patent dispute, Ballmer felt that with these two examples, even if Feng Yiping invited all the former attorney generals to come over, it would be useless.

But this news is not completely useless to him. It reminds him that he must try to further expand Microsoft's patent pool. After all, there will be huge profits soon, right?

…………

After a brief meeting with Feng Yiping and Mayer, the gray-haired former Justice Minister Mukasey immediately got into work and explained Nortel's situation to everyone at the executive meeting.

"We have fully grasped the details of Nortel's patents. After more than a century of accumulation, the patents held by Nortel involve all aspects of telecommunications and related markets, including Internet search and social networks,"

Mayer, who was reading relevant information, thought that Feng Yiping was indeed right. Taken together, the acquisition of Nortel should indeed be given priority.

"The number of patents they already own is as high as 4,489. In addition, there are 963 patents waiting for approval,"

He already has close to 4,500 items, and there are nearly a thousand more to be approved. This once again made Feng Yiping feel the huge gap. He was envious!

Our century-old stores may now be mainly just signboards. Look at these century-old stores abroad. The essence of their more than 100 years of R&D activities has been completely preserved.

Mukasey pointed out another data that Feng Yiping is more concerned about, "According to the exact data we have, Nortel owns 7 of the 105 core patents in the 4G network,"

Because everyone knows that patents related to 4G will be the focus of the next battle.

"Currently, only Nokia and Ericsson are ahead of it in this regard, and Qualcomm is at the same level,"

"It is precisely because of the existence of these core patents that the value of Nortel's patents has been greatly increased,"

"Mu Kesi, our focus now is to maintain the security of Android," Feng Yiping said, "So expanding our patent pool is a top priority,"

The implication is that money is not an issue.

Mukasey also once again remembered who was presiding over the meeting. He was the richest man in the world, and he felt that this job was no longer a problem.

"Okay Feng, many analysts have said that the sale of these patents is expected to bring huge income to Nortel's creditors. Although the valuations of various parties are different, some say it is less than 1 billion US dollars, and some say it is more than 1.1 billion US dollars. We comprehensively After evaluation, it is believed that the value of these patents should be between US$750 million and US$1 billion, and the maximum will not exceed US$1.5 billion,”

US$1.5 billion is a premium of 30% to 40% on this basis, which is around US$2 billion. Feng Yiping feels that this is quite a bargain.

He very much hopes that he can in turn initiate patent lawsuits against Microsoft and Apple. He has rarely experienced such a situation of being suppressed and having no power to fight back. It is not a special feeling.

The important thing is that the booming development of Android must not be affected by such disgusting methods.

"That's it, we will start the acquisition plan of Nortel's patents immediately," he said with finality. "From this point of view, we should be the first company to make a quotation for Nortel. So, everyone thinks that the quotation we gave should be How many are the most scientific?”

In this regard, he is still willing to seek everyone's opinions.

Mayer was the first to express his opinion, "Although we will be the first to make an offer to Nortel, I think other companies, Microsoft, Apple, and other telecommunications and smartphone companies, will definitely follow soon,"

This is certain. Nortel has been holding those patents in its hands before, of course, hoping to sell them at a good price. Generally speaking, the more people bidding, the better the price will be.

"So I think, first of all, it shouldn't be too high,"

If it is too high, you may be raising the purchase price yourself.

"At the same time, in order to show sincerity, it cannot be too low. Therefore, I think the offer of US$900 million should be very suitable."

Feng Yiping believes that her proposal captures the essence of bidding and pricing.

"I agree, then, Cummins, you will be responsible for the relevant work," he arranged.

"Okay Feng," Cummins agreed happily.

Objectively speaking, the work he is doing now is not much different from before. The main thing is that now there is one more person who can tell him to do things.

Of course, Mayer's style is much tougher than Feng Yiping's, which makes him really miss the current situation.

Seeing that they had settled down, Mukasey suddenly said, "In that case, why don't we take other measures at the same time?"

Everyone looked at him, other means? Cummins and the others felt that this was completely unnecessary. There was no company that Feng Yiping was interested in that they couldn't get their hands on.

"I think this situation is very suitable for fake horse bidding," Mukasey said.

Feng Yiping's eyes also lit up. StalkingHorseBid, translated, means fake horse bidding, stalking horse, etc. To be specific, it is the initial public bidding and acquisition action proposed by the buyer selected by the company that filed for bankruptcy protection.

The effect of this move, first of all, is to attract more potential buyers to propose competitive acquisition prices; secondly, this bidding method can avoid bankrupt companies from being forced to accept lower bids, because the rules require that all buyers can only Mark the price upward.

"I think Nortel should be very happy for us to submit a fake horse bid to them, and such a bid can also bring us some additional income,"

They have set a price of US$900 million. According to the general practice of fake horse bidding, other people's bids must be higher than US$900 million. If the final price exceeds US$900 million, then Nortel should return some fees to them.

This fee, some people translate it as a breakup fee, is equivalent to compensation for the buyer they choose.

At the same time, if there are no other higher bids by the agreed bidding deadline, then these patents will be sold to them for US$900 million.

Feng Yiping nodded immediately, "This proposal is great!"

He didn't want to get the breakup fee, but if the situation was too bad and the acquisition failed, it would be a comfort to get a sum of money. If this proposal could be implemented, it would create some unique advantages for them.

As for whether it can be implemented? The answer is of course yes. Feng Yiping has long been considered rich and famous. For Nortel, such an opportunity is rare.

But Feng Yiping is not just satisfied with that, "Since all of us can foresee that this will be a fierce bidding, then we will simply make things bigger and muddy the water."

Mayer immediately looked at him, "You mean..."

"Yes, we can launch fake horse bids for other targets at the same time, such as Motorola or even BlackBerry,"

Nokia, I can't worry about that for the time being. Human beings are still a skinny camel, bigger than a horse.

And they launched fake horse bidding for at least three targets at the same time. While putting themselves in an advantageous position, they will undoubtedly disturb the sight of some opponents. At the same time, they can also provoke a fight between opponents who have become a vague alliance...

"I agree," Mayer said immediately.

"I agree too," "I agree too,"...