Chapter 1470: 3 Words and 2 Words
The current situation of 3 is very bad, probably inseparable from the level of management. After getting the palm founded by Jeffrey Hawkins, he also managed half-heartedly. However, there is an old opponent of Jobs in the palm company: Jean-Louis Gasser.
As a former Apple executive, the beos developed by Louis Gasser after his solo flight was an operating system comparable to Jobs' EP. In 1996, Apple's own operating system development could not keep up with the progress, and there were frequent bugs. The then CEO Amery Ao began to seek to solve the problem with acquisitions.
Let Louis Gasser ask for a price of 400 million for Beos. Amelio countered from 80 million to 200 million, but he still refused. Determined to buy Jobs' ep instead, Jobs returned to Apple, and finally Amelio was driven away by Jobs.
After Beos lost the opportunity to be acquired by Apple, Louis Gase also paid a heavy price for his arrogance. When he took Beos to Palm in 2001, he only got eleven million from Palm’s parent company 3 Knife, a fraction of Apple's original bid. He is now in charge of developing and maintaining the operating system for palm.
"Handspring has a higher market share in PDA smartphones, and also owns Beats Walkman products. The merger with Palm will definitely swallow them. Since the 3rd spin-off is listed, this merger is almost equal to Handspring's backdoor."
It is very tempting for Jeffrey Hawkins to get back Palm, which he created with one hand, and negotiations with 3 have been going on, "Amelio let Louis Gase... and Donna are both from Apple. Is this a revenge? Alliance?" He asked with a smile.
He himself is not defeated by Apple, and even has a little psychological advantage. The first-generation pda launched when he was in Palm is better than Apple's On in all aspects.
Song Ya also laughed. Jobs is probably too annoyed by himself now, so he really needs to prepare more ammunition in his hands.
He had played golf twice with Immelt, the head of GE, the world's largest company. Immelt was very frank about the idea of acquiring Universal from Vivendi Universal. As the subject of the acquisition, General Electric NBC wants nothing more than the American TV network. As for Universal Entertainment, which owns the music of Universal Studios, NBC is not interested.
Vivendi Universal is also very aware of this. They kill not only sell, but must package Universal Entertainment and US Television Network together.
Since the investments of American financial giants such as Goldman Sachs and Lehman were all killed by the French in Vivendi Universal, they may have put some pressure on Ge because they were eager to untie the trap, and Immelt himself did not completely rule out taking Universal Entertainment. possibility.
Even if ge has a market value of 300 billion,
With a lot of money and wealth, Immelt is also very cautious about this business that exceeds tens of billions of dollars. He is also very frank about the reason why he approached him. The precedent of the Graham wine industry allowed NBC and itself to jointly buy the American Television Network and Universal Entertainment.
Then nbc was spun off from the American Television Network, and it was spun off from Universal Entertainment.
After being rejected by himself in the first game, Immelt took the initiative to lower the conditions when they met for the second time. NBC split the American Television Network and Universal Studios Studios, and let himself split Universal Music. If he is willing to win Universal Entertainment, Ge Finance is even willing to provide loans with relatively generous terms.
But Song Ya still declined, and even persuaded Immel to take over Universal Entertainment in turn, because he didn't want to see the rich third-generation Bronfman get out of the trap, which was the core appeal.
I met with Immelt twice, and from the words of the other party, Song Ya also figured out some key points hidden under the water. One is that it is too early to reach a deal between Ge and Vivendi Universal, at least not within the year, which will lead to other Warner EMI BMG Records, which is also planning to sell, will always look forward to being supported by Ge, and it is also impossible to reach a deal with other buyers, such as myself, in the short term.
The second is that the record industry is really not favored by capital at all. Universal Music has the lowest shopping priority in Immelt, and Immelt is a legendary entrepreneur. Jack Welch, the former chairman and CEO of GE The successor who can be entrusted with complete confidence must pay attention to his judgment.
The above two points made Song Ya decide not to rush to get involved in the acquisition of the record company within the year, and concentrate on entanglement with Apple and Jobs in the mp3 player and music store market.
"Where do you and 3 disagree?" Song Ya asked Jeffrey Hawkins.
"They put Palm's trademark and other assets in a separate company. If we want to get it back together, we have to pay an additional 50 million knives in cash."
Jeffrey Hawkins was the only one who was aggrieved by this incident. After all, he had taken the name Palm himself back then, but now he had to spend huge sums of money to buy it back. The 50 million dollars was really unsatisfactory. "It's a robbery." !"
"But what's the point of merging with them if we can't get the palm trademark back?"
Donna Dubinsky, a partner who accompanied him along the way, had a different opinion, "At present, the popularity and brand value of the name palm is still much higher than that of handspring. If our next generation of smartphones can be published under the name of palm, Sales will definitely increase a lot.”
"Can't we negotiate the price?" Song Ya asked.
Both Jeffrey Hawkins and Donna shook their heads.
"If it doesn't work, I'll come out."
Song Ya realized that this was a good way to blackmail them. Maybe 3 had similar considerations when he did it in the first place. Holding the trademark and then selling the authorization, it will be even more difficult for them to jump out of their palms in the future...
As soon as he thought about it, he picked up the receiver and dialed the number 3, the president who was coming just now.
In a few words, "ok, it's done."
After putting down the microphone, Song Ya said to them: "My a+ copyright and asset management company will pay the money. You should end the negotiation as soon as possible. Just like Donna said, complete the merger before the release of the next generation of smartphones."
Everyone listened to the whole call he made, and before they had time to sigh in their hearts the young black pharaoh's strong mobility, "Okay, no problem." Jeffrey Hawkins quickly nodded and agreed.
"Then there is the merger of goto and yahoo."
Song Ya's attention has shifted to William Zhang.
The situation at yahoo is more complicated and difficult. With the release of its annual report last year with a sales revenue of 1.5 billion and a profit of 245 million, yahoo led the Internet industry out of the haze of the stock market crash, and now its market value has risen to more than 20 billion Knife, about one-sixth of its peak.
Terry Semel, an "outsider" who went from Warner Pictures to Yahoo, instantly became the target of capital and media adulation. Before halfway through 2003, he was already considered to be the world's best manager of the year. His reputation Prestige and influence skyrocketed.
Although Terry Semel's method is nothing more than increasing revenue and reducing expenditure. On the one hand, advertisements began to appear on Yahoo's portal homepage. On the other hand, the original forty-four business departments were cut down to five. Casual and arrogant bureaucrats often blindly put ideas into practice directly, and yahoo, which thinks it has 'invented everything', has transformed into a traditional company with strict management style.
In any case, compared to the last time he personally went to Highland Park to buy a search engine, Terry Semel's current power has been greatly consolidated, and the resources in his hands are more abundant.
This made it more and more difficult for him to compromise. After the lengthy negotiations with his own goto, he became very impatient and poured resources on the previously acquired inktomi search engine, spending huge sums of money to book the era Square and other venues began to carry out large-scale publicity activities for inktomi and officially swept out the long-term cooperative search service provider Gugou.
Terry Semel couldn't afford you when Yahoo was struggling, but now... even if goto is willing to agree to the acquisition conditions of the other party, it may not be satisfactory.
"Our internal morale depends entirely on the expectation of being acquired by Yahoo. If Terry Semeier announces the suspension of the acquisition negotiations now, I am afraid that more than half of the people will run away..."
The new goto, which was formed by the merger of the two original search engine companies, altavista and goto, is still losing money. After the stock market crash, the capital market has gradually become more rational. Without the support of Yahoo's platform to fill the vacancy left by the estimated dog, then there will be nothing left.
It's normal for smart employees to choose to run away.
"Is there any good news?" Song Ya asked quietly, having suffered a huge loss in investment.
"There are also, first, inktomi search can be used, but it can't support Yahoo's ambition to use it to replace Gugou. Inktomi is most likely still a bargaining chip used by Yahoo to underestimate the price of our dog.”
William Zhang replied: "Second, yahoo's mergers and acquisitions have always been bold. The better their situation is, the more money they can afford. As a senior manager, Terry Messer is very optimistic about this. He pays more attention to stock prices. How to say if It will still be a big profit for Yahoo if we can successfully take over our goto wholly-owned ... Boss, if you are willing to agree to the conditions of a wholly-owned sale, you will make a lot of money from this business."
"I don't want to lose goto completely."
Based on the apocalypse, Song Ya doesn't want to just be a second-hand dealer who earns some "small money". Even if she sells, she must maintain a certain influence in goto. "If Terry Semel insists on a wholly-owned acquisition, then there is no need to talk about it."
"He has been insisting..." William Zhang said in a difficult way.
"Mr. Semel? I'm aplus..."
Song Ya called the Yahoo CEO directly again, "I heard that your inktomi will be launched soon? Congratulations."
"Thank you, hey! I feel like it's too late. We gave too much time and resources to Zougou." Terry Messer hypocritically blamed himself.
"Yes, I think your company still needs Goto's technology. We are the best, and this is unanimously recognized by people in the industry."
Song Ya didn't talk nonsense and went straight to the point, "Just now William Zhang and I talked about the differences in the negotiation. I still can't accept the point of wholly-owned sale after thinking about it. I think I need to keep at least 51%."
"Impossible. In this case, there is no point in continuing the negotiation."
Terry Messer was really tough.
"Then how much is your company willing to keep for me?" Song Ya asked.
"Five percent, one director?" Terry Messer returned the money on the ground.
William Zhang raised his eyebrows when he heard this, and the attitude and asking price of the top manager when he was directly facing the black pharaoh were too friendly.
"So, let's make an appointment to meet and talk?" Song Ya invited.
"Okay, golf?"
"I don't play very well..."
"heard."
"..."