my return to life
Page 773
"It's up to you. Mr. Lu has made an appointment with Spreadtrum to visit. I just won't be driving, so you can take a detour to pick me up." Fang Nian said with a smile.
Then he looked at Wu Fucheng: "Brother Ang, let's go and see together?"
"Okay." Wu Fucheng nodded repeatedly.
Gu Yu didn't hesitate, she was more looking forward to the investment business that fell on her than the cooperation between Frontier Innovation and Spreadtrum.
After all, it’s not about the acquisition of Spreadtrum, it’s definitely going to have to be negotiated back and forth, unlike now, frontier angels condescend to invest in a small company, tsk tsk...
There is one thing to say, the current frontier does not have enough capital to acquire Spreadtrum.
At the beginning of the month, Spreadtrum's stock rose 9.86%, with a market value of $7.42 million at the time.
You must know that at the beginning of last month, relevant Wall Street agencies downgraded Spreadtrum's rating from 'buy' to 'underperform', when the market value was 5.7 million US dollars.
A few days ago, Spreadtrum just released its third-quarter financial report, with a net profit of 1950 million US dollars.
Stocks are still going up these days.
However, in the past two years, Spreadtrum has suffered serious internal conflicts. Many founders have resigned, and the stock price was once as low as 0.67 US dollars. MediaTek took away [-]% of the market share of GSM chips.
Fortunately, last year, Spreadtrum decisively changed its executives. The original founder resigned as CEO and only retained the position of chairman.
The current CEO Li Liyou drastically changed the internal atmosphere of Spreadtrum.
Lu Wei made an appointment with Li Liyou, Mr. Li...
On the way, Gu Yu was finally able to hold back his excitement and calmed down a lot. He said in a small way, "Mr. Fang, Spreadtrum's recent market performance is good. Is it more difficult to negotiate than last month?"
Fang Nian teased on purpose: "Anyway, it's more difficult than investing in people."
Gu Yu: "..."
How dare she say more.
Wu Fucheng on the side also smiled.
After all, Gu Yu's excitement started yesterday afternoon, and everyone saw it.
but……
Wu Fucheng also agreed with Gu Yu's statement in his heart.
He and Gu Yu worked together to sort out the affairs of domestic semiconductor companies.
This is the first time Wu Fucheng felt the importance of the time window.
If it can be completed earlier, such as even last month, in the case of poor market performance, maybe it can be done after one negotiation.
Although it is also called an acquisition, this kind of acquisition is tantamount to poaching people, and it has to be a joke.
Gu Yu first sent Fang Nian and Wu Fucheng to Zhangjiang Hi-Tech, and then went to Huangpu to meet Wang Xiaoyan who rushed over from Pengcheng...
... Lu Weiyu was very well prepared, not only brought his secretary Xue Si, but also colleagues from the Frontier Innovation Business Department.
Including Fang Nian and Wu Fucheng who rushed over to meet up, there were 11 people in total.
Take three vehicles from the cutting-edge innovation to the Spreadtrum Center, and the distance between the two companies is only 3 kilometers.
Spreadtrum still pays more attention to cutting-edge innovation visits.
Although there was too little time and did not pull the banner, Li Liyou led the company executives to welcome them out in person.
It's a visit, of course, it's not completely fooled, at least it has to go through the motions.
During the visit, Fang Nianyou paid special attention to the spiritual outlook of Spreadtrum employees.
It seems that Spreadtrum has been completely cleaned up inside, and the rumored infighting is serious, and the organization is completely different.
Finally, the two parties sat down in the conference room of Spreadtrum.
Spreadtrum was also unambiguous here, fifteen executives and department managers came.
No matter what, we have to wait a bit.
After taking their seats, Lu Weiyu still exchanged greetings: "Your company has a lot of talents..."
In fact, the greetings should have been finished during the visit.
It's just a formality on the scene, and everyone won't take it too seriously.
However, Lu Weiyu then changed the subject and directly brought up the business: "Mr. Li, in fact, our cutting-edge innovation is to acquire a chip design team from your company."
directly into the topic.
The whole place was shocked.
Including cutting-edge innovation, many people are also kept in the dark.
without prior knowledge.
Li Liyou was also stunned, he was not surprised that Lu Weiyu knew something about Spreadtrum.
It was strange cutting-edge and innovative behavior. Thinking of this, Li Liyou said: "Chairman Lu is joking, not to mention that Spreadtrum's current development is very good, and it is time to hire people;
As far as I know, there is only one Nvwa Lab under Frontier Innovation, and there is no business related to chips. "
Lu Weiyu said calmly: "Boss Li is right, but...
If you want to come to Mr. Li, you also know that Nuwa Lab is developing and perfecting the mobile phone operating system, and it cannot avoid dealing with hardware, let alone the core processing chip. "
After a short pause, Lu Weiyu smiled lightly: "And Spreadtrum has a deep accumulation in mobile phone chips."
Facing Lu Weiyu's gaze, Li Liyou apologized: "I'm sorry, if Mr. Lu's intention is to acquire a team, please forgive me, please come back."
Lu Weiyu was not in a hurry, and said in an orderly manner: "As far as I know, Spreadtrum has enough redundancy in the chip design team, and the third department is not the core department, and..."
Lu Weiyu showed a calm face: "Isn't Mr. Li willing to listen to our quotation?"
"..."
Li Liyou hesitated.
He has also heard of the name of Frontier.
The company looks like it's doing nothing, but it actually has deep reach.
It is inextricably linked with the growing Dangkang game.
And on the surface, it can be seen that just the members of the Nuwa Alliance have such a big factory as the Chrysanthemum Factory.
More importantly, Li Liyou has also heard about the outstanding achievements of Frontier Angel, claiming to be the best company in the domestic investment industry.
Most importantly, Frontier is really rich.
When Li Liyou hesitated, Lu Weiyu and Fang Nian quietly exchanged glances.
Then Lu Weiyu cleared her throat and said, "Our company will acquire the third chip design department of your company as a whole for RMB 9000 million."
"What does Mr. Lu mean?" Li Liyou said calmly.
Lu Weiyu simply explained: "Package and purchase three chip design departments, including the patent authorization and three employees used by the three departments."
Li Liyou's thoughts turned, and he confirmed: "Does it only include the patent authorizations that have been in use so far?"
Lu Weiyu nodded and said no more.
"..."
In the end Li Liyou convinced himself, sell!
He really doesn't want to package and sell a chip design department at this time, which will affect Spreadtrum's future efforts.
but...
Spreadtrum's net profit in the last quarter was only 1.3 million yuan converted into RMB...
Chapter 594 Fang Nian: I Can Define the Future (for Subscription) (Repair)
Broken bowl begging for subscription~
………………
Outside the Spreadtrum Center building.
Li Li Youli sent Lu Weiyu and his party into the car and left, exhaling quietly.
A senior executive next to him said: "Mr. Li, sell three of them at this time..."
Someone else answered: "The design department has little influence on the company's current development."
"Yes, it is more critical to control product quality now, and the task of the design department is relatively light."
"TD..."
"TD research and development can be said to be completed, and now it is nothing more than the debugging stage, mainly the question of whether it can be mass-produced and shipped next year."
"Besides... the third division is really not that important. All the talents introduced from internationally renowned companies are concentrated in the first and second divisions."
"..."
With a big wave of Li Liyou's hand, he interrupted the discussion of the senior executives: "Okay! The sale decision is made by me and everyone agrees, and we all understand the truth!"
As he said that, his face showed emotion: "To be honest, I don't want to sell the team, but... Frontier has given too much!"
"Equivalent to 10% of last quarter's profit, with this fund, [-] new departments can be formed!"
When it came to the end, Li Liyou's tone was obviously much more uplifting.
"With this fund, the shipment of 40nm TD chips in the first quarter of next year will be guaranteed the most!"
Li Liyou's words were finalized.
Sure enough, all the executives shut up.
Even though Li Liyou has been streamlining his staff and streamlining his administration since he took office as CEO, there has been no unimportant team for more than a year. This time, he is slapping himself in the face by selling the three design departments.
But when the executives think about it carefully, they really can't blame Mr. Li.
Really!
Don't blame him!
He was right!
If they were in this position, they would also be tempted.
It’s not that we don’t care about our employees, and it’s not that the three departments are not important at all.
It is really……
Frontiers give too much.
So much so that Li Liyou didn't even want to put on the posture of "sit on the ground and raise the price".
From Li Liyou's point of view, Frontier's bid is at least a 30% premium!
after all……
Spreadtrum is not the only company in China making mobile phone chips.
Not only Spreadtrum has multiple chip design teams...
Xue Si drove the Mercedes-Benz away from the science and technology park, and did not go directly back to cutting-edge innovation.
Instead, go all the way to Yangpu.
On the way, Lu Weiyu made simple arrangements: "Let the human resources be prepared in advance, with the cooperation of Mr. Li, I hope that the former Spreadtrum chip design department [-] will join Luzhou Baize Lab."
"Okay, Mr. Lu." Xue Si nodded repeatedly.
Not long after, Mercedes-Benz sent Fang Nian and his party to Yangpu Wujiaochang.
After watching the Mercedes-Benz leave, Fang Nian smacked his lips and sighed solemnly: "President Lu is really domineering."
"Really?" Lu Weiyu raised her eyebrows lightly, with a slight joy.
"..."
…………
…………
When he entered the office, Gu Yu had already returned.
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