Chapter 1028: Investing in AMD
In order to face Intel's competition, AMD must diversify its business.
If ATI and Nvidia are not to be strangled by Intel, they must also cooperate with another major CPU manufacturer.
One is to buy and the other is to sell.
Naturally, such an acquisition is also achieved.
Although none of the three had contacted them before, under the leadership of Chen Yu, such an acquisition was quickly made.
However, in the end AMD chose ATI instead of Nvidia.
As for why.
Actually there is not much reason.
If you want to say the reason, it is that Mr. Sanders thinks he can still work until he is 80 years old.
"Chen Yu, thank you for making this acquisition."
"You're welcome, in fact, I also have my own purpose."
"I know, but you helped me anyway."
He Guoyuan thanked Chen Yu: "However, it may take some time to actually complete the acquisition."
"I know."
Chen Yu nodded.
A major acquisition like this, even if both companies are interested, is not something that can be done in one fell swoop.
One is AMD is a US company, and the other ATI is a graphics card company in Canada.
The acquisition of both must be approved by the relevant departments.
In addition, a series of businesses and processes have to be completed one by one.
Even if the two sides push forward with full force, it will take at least half a year.
But fortunately, there is no embarrassment for AMD in the United States.
At the same time, they don't want Intel to dominate, and they support AMD's acquisition of ATI.
"By the way, Mr. He, if this acquisition is reached, what are your plans?"
"I haven't thought about it for now.
"
He Guoyuan said with a smile: "It is estimated that I will travel around the world for a while."
"what's next?"
"Next."
He Guoyuan shook his head: "Let's talk about it later, God doesn't know what will happen in the next second."
"Also. Maybe when you traveled, you gave Mr. He your inspiration. Of course, Mr. He, if you have the opportunity, you can go to the mainland for a walk..."
"certainly."
For Chen Yu's invitation, Bao Guoyuan nodded happily: "Perhaps you don't know, I was born in the Mainland, and I am still in Guangxi."
"Guangzhou, our Huanyu Technology headquarters is also in Guangzhou."
"Yeah, I spent my childhood in Guangzhou, I went to Macau at the age of 12, then to Hong Kong the next year... Then I went to Canada at the age of 32. So far, I rarely go back to the mainland. "
While speaking, He Guoyuan sighed.
Probably, he was also recalling his childhood in the mainland at this time.
"Hehe, the mainland has changed a lot now compared to before."
"I also learned something from the news reports, Chen Yu, let's do it first, I'm going back to Toronto now. If one day I go back to the mainland, I will definitely contact you."
"I'm waiting for you."
Chen Yu's proposal is not for nothing.
He told He Guoyuan to go back to the mainland, and naturally he had his arrangements.
He Guoyuan sold the company, it would be a pity if he no longer made the graphics card.
If possible, Chen Yu is very willing to start a graphics card furnace with He Guoyuan in the mainland.
However, Chen Yu will not put all the chips on He Guoyuan's side.
Separated from Bao Guoyuan, Chen Yu began to think about whether he could take more shares of AMD in this acquisition.
Of course, this is not how many AMD shares the old man really wants to sell.
However, as the world's top graphics card manufacturer, although ATI is not as big as AMD, it is also a lot of money to acquire ATI.
With the current cash flow of AMD, there is not much at all.
So, there are two options.
One option is to buy ATI with some cash and AMD stock.
Another, that is to bring in other investors.
Obviously, Chen Yu is one.
Originally, Chen Yu only wanted 1% of AMD's shares.
But after contacting AMD Sanders, Chen Yu found that AMD's financial situation is actually very bad.
Just like their dual core processors.
Obviously they were released before Intel, and they are still true dual-core.
However, there is not much financial publicity, and such a good product has not been brought to the market.
After contacting Weibo, Sanders had a good impression of Huanyu Technology.
he thinks.
With AMD's current development, it is difficult for them to compete with Intel.
However, if Huanyu Technology is introduced, it will be completely different.
so.
From Sanders' hints, Chen Yu heard that he intended to let Huanyu Technology take more shares of AMD.
certainly.
This shareholding Chen Yu will not directly use the identity of Huanyu Technology, but will use the reputation of an investment company registered in the United States.
The reason for this is to avoid unnecessary trouble.
But it doesn't matter.
Anyway, the last actual controller is him Chen Yu.
"Mr. Chen, you are back."
"What, Wang Chang, what happened?"
"It's still a matter of financing. Major venture capital companies have come to us dozens of times, just waiting for you to come back."
"Oh, yes."
Chen Yu smiled slightly.
He was thinking, where would the funds for more AMD shares come from?
"Okay, contact them and say I'm back."
"In the afternoon, I can chat with them first."
This is of course not formal financing.
In the afternoon's arrangement, Chen Yu just wanted to explore their bottom line.
"Mr. Chen, I am the representative of Dalmore, you still remember."
"Uh, don't remember."
"It's okay if you don't remember, Mr. Chen, this is my business card."
"Mr. Chen, I am the representative of Goldman Sachs. I came here to discuss with you about financing on Weibo."
"Who said we were going to raise money?"
"Mr. Chen, aren't you going to raise money?"
"Not yet."
"Mr. Chen, we are very optimistic about the potential of Weibo and have made a high valuation."
"How high is it exactly?"
"$10 billion."
"Too little."
"The valuation is still negotiable, and you can mention whatever conditions you have."
"Conditions."
Looking at the representatives of the top ten global venture capital firms, Chen Yu was unmoved.
Of course he is short of money now.
He wanted to get some money first, and then buy AMD shares.
However, the more he wanted money, the less anxious Chen Yu became.
"Conditions, I haven't thought about it for the time being. Why don't you tell me, what conditions can you give us?"
"Mr. Chen, we can guarantee that after financing, we will not interfere with any operation of your company."
"It's required."
"In addition, we do not make specific requirements for your company's listing time."
"We will definitely go public. You can rest assured. Moreover, I can guarantee that after the listing, your investment will definitely get a huge return."
"Mr. Chen, we also believe in the potential of Weibo."
Representatives of the top VC firms were overjoyed.
Although Friends Network and Huanyu Video have not been listed so far.
But before their investment in these two sites, has now doubled.
"Mr. Chen, we have been very sincere, what do you think?"
A series of conditions were stated above, and several VC representatives tried to ask Chen Yu's opinion.
But Chen Yu still shook his head: "Oh, forget it, although I believe in your strength, but I have dealt with you before. In some places, I am very dissatisfied."
"Mr. Chen, what do you mean?"
"For example, in the use of funds, at that time, Huanyu Technology borrowed money from friends.com twice, and you have always had opinions on our Huanyu Technology."
"Mr. Chen, misunderstanding, misunderstanding, we are actually worried that the improper use of funds will affect the friend network."
"What about now, has it affected it?"
"this……"
"Mr. Chen, in fact, we don't have much opinion on your use of funds in the company. President Chen, we will not interfere with your use of funds. What do you think?"
"It's useless to say it verbally."
"We can write it in the contract."
"This is..."
"Mr. Chen, if you have any other conditions, just mention it."
"Okay, I'll think about it and contact you when the time comes."
Chen Yu didn't show any expression, but his heart was already happy.
The goal he wanted has been achieved.
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