In fact, Bob Greenhill's speed was still behind. Hughes Broadcasting Corporation first sent the news that the live reporters sent back to the listeners in cities such as Las Vegas, San Francisco, Los Angeles, and New York.

Diverge further.

The shock wave formed by "ibm's acquisition of Huanyu Computer Company for 4 billion US dollars" made everyone who heard it for the first time lose their minds for a moment, and the order of the dex forum also became chaotic.

Mike Markura sighed repeatedly: "Huanyu personal computers have already occupied the advantages of technology and products. After becoming ibm personal computers, they have obtained countless ready-made customer resources. The industry dominance is real

It can't be shaken."

Jobs sneered: "Don't you think Huanyu Computer Company is betraying the personal computer industry?"

Mike Markula obviously failed to keep up with the brain circuit of the counterculture youth, the counterculture youth, and asked in confusion, "What does betrayal mean?"

"ibm is the representative of the official government and large enterprises using computers to strengthen their rule over the people. The mission of personal computers is to break these shackles. Huanyu Computer Company, the leader in the personal computer industry, has transformed into an ibm personal computer company. It is not betrayal.

? "Jobs, who had no idea about this, said passionately: "It's good, so let us Apple Computer Company fully shoulder this great mission and defeat ibm personal computer company!

ibm!"

Mike Markura was so angry that she wanted to hit the wall a few times, "What monster am I doing business with? No, if this continues, I will be angry even if I don't get exhausted.

, I must find a helper to officially become the CEO of Apple Computer, to help me balance the erratic Jobs."

...

It is obvious that the business masters and British people are too lazy to pay attention to the strange arguments made by Jobs, who currently regards himself as an anti-mainstream fighter. Instead, interests are the most direct reason that influences their attitude.

As for the IT field alone, reactions are roughly divided into two categories.

The simplest and most direct thing is to be optimistic. Emerging independent software suppliers like Microsoft, as well as third-party hardware suppliers such as feature expansion cards on Huanyu personal computer platform, the first reaction after getting the news was,

After Huanyu personal computer is acquired by ibm, it will naturally obtain ibm's powerful customer resources, which will drive Huanyu personal computer sales, and its own product sales will also benefit from it.

The most complex and tortuous ones cover a wide range.

Like Kangmaoda, Apple Computer Company, and other various personal computer manufacturers, they must be worried that after Huanyu personal computers transformed into ibm personal computers, they began to monopolize the personal computer market with the huge resources they gathered, just like ibm main computers monopolize the main computer market.

Even the forces outside the personal computer circle think that ibm is too ambitious and actually extends its hands to emerging fields, which may kill the good momentum of personal computer development.

Such controversies broke out in the dex forum, and even the original topics were boring even if the speakers themselves took a shortcut to acquire Huanyu Computer Company, and it would break into the personal computer industry without any effort.

What impact will the development of the computer market have become the most concerned issue for business elites on site.

In response, Charles Dondy, CEO of ibm personal computer company, and Frank Carri, CEO of ibm, cooperated and tacitly in their speeches, emphasizing that Huanyu personal computer was acquired by ibm and turned into ibm personal computer.

, the original operation method will not change.

Specifically, ibm personal computer specifications are still open, independent software suppliers and third-party function expansion card hardware suppliers can freely develop products on the ibm personal computer platform without paying patent fees.

The subtext here is that we have not monopoly, so don’t worry about catching the handle. When ibm is really monopoly, I didn’t admit defeat, let alone I was prepared for the ibm personal computer platform.

As the orgdex forum was approaching its end, Gao Xian, as the representative of the sponsor, made a brief speech in a summary manner.

It is worth mentioning that Gao Xian carried a light small aluminum alloy suitcase to the stage and placed it horizontally on the table. After opening it, he took out a keyboard. If the details are detailed, everyone in the audience couldn't see clearly.

I saw the upper and lower cover of the suitcase standing at a ninety-degree angle, and the high string seemed to typing the keyboard from time to time.

"In the past two days, I have heard you express your opinions on the development prospects of the personal computer industry and have benefited a lot." Gao Xian said loudly: "I personally believe that our understanding of the personal computer industry has not completely gotten rid of the old-style thinking,

As for the moment ibm enters the personal computer industry, monopoly will be in a panic."

"The prospects of the personal computer industry are unlimited. It is too early to worry about monopoly before we can fully understand the needs of users."

"At this stage, all kinds of personal computers, including ibm personal computers and Apple computers, are all products placed on the desk."

Speaking of this, Gao Xian pointed to the small aluminum alloy suitcase on the table, "But, I especially want a mobile personal computer, the copywriting processing needs that are indispensable for activities like the dex forum. May I ask, in the market

Is there such a commercial solution?”

Everyone in the audience looked at each other. It is not difficult to understand the subtext in Gaoxian's words. The scope of application of personal computer products is just a natural extension of the original computer usage. For example, the business exploration of mobile personal computers has not begun. It is worthy of desktop individuals.

Computers may be monopolized, and they are wasting time arguing endlessly.

Gao Xian finally concluded: "IBM enters the personal computer industry and helps accelerate the popularity of personal computers, which is a good thing for the development of the entire industry. It is too early to talk about its suspected monopoly. After all, it is outside the desktop PC.

What can be done in the field of personal computers still be an unknown number.”

After the speech, Gao Xian didn't know whether he forgot or left it to the staff for handling, so he ignored the small suitcase and left the venue.

Adam Osborn, a well-known Silicon Valley media person, couldn't help but feel curious. He took two steps at three steps, ran from the seat below the stage to the stage, got to the back of the suitcase and looked at it, and was immediately happy.

Except for the cover of the small suitcase with two speeches glued to the top of the suitcase, there was nothing in the small suitcase. The keyboard placed on the table was too confusing.

Seeing many people urging in the audience, Adam Osborn turned his suitcase in a direction, laughed and solved the mystery: "Not the mobile personal computer that Sir Gao said, he opened with us."

A funny joke!”

Everyone in the audience laughed or thoughtful, and the dex forum came to an end. If anyone still wants to talk about ibm's suspected monopoly on the personal computer market, they have to move onto the battlefield.

...

After the orgdex Las Vegas fall exhibition ended, Wall Street also began to react as ibm, as a public listed company, disclosed the specific information about ibm's acquisition of Huanyu Computer Company.

ibm's official statement includes:

ibm acquired Huanyu Computer Company for $4 billion by half cash and half stock;

In addition to being changed to ibm personal computer company, which belongs to ibm system integration center in Atlanta, Huanyu Computer Company has remained unchanged. Its CEO Charles Dondy entered the ibm management committee, and its founder David Gao entered ibm.

Board of Directors.

The entire acquisition was completed before Christmas this year, and ibm's expectations for this operation are that the company will enter new business areas as quickly as possible and its operating income will accelerate growth.

ibm plans to issue $1.5 billion in corporate bonds.

...

Wall Street was inevitably surprised and surprised by ibm's big operation, because except for Goldman Sachs, which valued Huanyu Computer Company, major investment banks were unaware of it, which shows how ibm's actions were decisive.

Huanyu Computer Company is looking for Goldman Sachs to make a valuation in order to prepare for listing on the US stock market. Now it has been acquired by ibm, and listing has been put on hold.

If Huanyu Computer Company is really listed on the US stock market, it will be the first personal computer company to be listed. Therefore, there is no precedent for many things surrounding Huanyu Computer Company. In addition, Huanyu Computer Company relies on financial resources.

The strong Gao Consortium has almost no comparison with startups like Apple Computer, which move out of the garage. Wall Street wants to judge whether the 4 billion US dollars spent by ibm is worth it, for a moment

There is really no consensus conclusion between them.

More than ten years ago, ibm spent 5 billion US dollars to develop the system/360 successfully, helping ibm to become the overlord of the main computer market.

Now, ibm is spending 4 billion US dollars and entering the rising personal computer industry with lightning speed. What can ibm bring to ibm?

It doesn’t matter if the consensus conclusion is not formed, it depends on the stock market reaction first.

The originally sluggish ibm stock has slowly risen, and its overall market value has increased from more than 30 billion US dollars to more than 40 billion US dollars.

It is worth mentioning that Intel, which provides 16-bit microprocessors and semiconductor memory for ibm personal computers, is expected to reach US$800 million in annual sales, and its stock price will rise sharply.

Correspondingly, the ibm personal computer market has received good responses. After the release, more than a thousand products with complete software sets were delivered to corporate users who had already booked.

Charles Dondy, CEO of ibm personal computers, said that it is collaborating with Intel and Zilog to launch cheap microprocessors that reduce data bus and other components based on the existing 16-bit microprocessors.

, and then produce products that are at least 2,000 US dollars cheaper than the current ibm personal computer starting at $5,000 US dollars to better meet families, students and other groups, and replace the products of the previous three generations.

Of course, Charles Dondy, who is full of confidence, also gave a clear goal, that is, the annual sales of ibm personal computers will reach 300,000 units next year.

These phenomena seem to indicate that ibm's acquisition is on the right path.

In addition, ibm's allocation of personal computer business to Atlanta's system integration center also shows that ibm has carefully considered it.

You should know that under strong antitrust investigation pressure, ibm's senior executives have made the worst plans, including the dismantling of the catastrophe.

Therefore, at this stage, ibm's business has been divided into two major pieces. One is the large computer that was referred to by ten thousand people because of monopoly. The rest is the system integration center in Atlanta. The latter now has a personal computer business, which is undoubtedly

Prepare a way out for the situation after being dismantled.

It can be seen from this that ibm CEO Frank Carri has taken great pains to do.

Just as Wall Street was slowly agreeing with ibm's acquisition of Huanyu Computer Company, ibm's plan to issue $1.5 billion corporate bonds has caused trouble again.

...

If there are some investment banks on Wall Street who are unhappy with ibm's acquisition of Huanyu Computer Company, Morgan Stanley is the first to be affected.

The reason is very simple. As one of the members of the Morgan consortium who are separated on the surface, but in fact, ibm is among the list of clients. In addition, Morgan Stanley has been the royal investment of ibm for a long time.

The bank and ibm want to do whatever capital operations are left to Morgan Stanley.

But this time, ibm acquired Huanyu Computer Company, and it was so big that it didn't let Morgan Stanley take over. To put it bluntly, Morgan Stanley didn't make any money even if it was a penny of commission. How could this make the nobles in the investment banking industry feel

!

There is something even worse. ibm plans to issue $1.5 billion in corporate bonds, and it is on its own. It simply gives Morgan Stanley a notice. This time, ibm decides to adopt a joint underwriting method.

If Li wanted to participate, he would play the stage with the Solomon brothers and Gao Yi.

For this, the directors of Morgan Stanley started a fierce and dragging debate at the office headquarters in Exxon Building.

Because the wealthy ibm has not raised funds from the public sector for many years, and now there are six billion dollars in cash on the account, no one in Morgan Stanley thought that ibm would launch a financing plan, and then Morgan Stanley and ibm

The business relationship is nominally under Bob Greenhill.

The meaning of this "name" is that although the relationship between Morgan Stanley and ibm is very bad, Morgan Stanley has no motivation to take the initiative to improve, so now there is no chance to temporarily hold your feet.

However, no one dared to let Bob Greenhill take the blame.

You should know that after entering the 1970s, Morgan Stanley's most prosperous business was corporate mergers and acquisitions. It was under the guidance of Bob Greenhill that Morgan Stanley's corporate mergers and acquisitions and

The acquisition department was able to develop rapidly, and Bob Greenhill had a strong say in Morgan Stanley and was not easy to bully.

So, at the meeting, everyone simply discussed whether to accept ibm's joint bond issuance requirements.

Before everyone else could finish their speeches, Morgan Stanley President Bob Baldwin hurriedly expressed his tough stance. This exception must not be made for ibm. Other companies on the customer list will follow suit and ultimately threaten Morgan.
Chapter completed!