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Chapter 0462 two buyers

Qian Weichen's friend is named Pan Yongqiang, and his English name is Peter. He is currently working as an engineer at Freescale Crystal Factory in Austin, Texas, Magnesium. Hua Guo happens to be his working hours at 11 o'clock in the evening, and both sides have been communicating.

Since last year, Freescale has secretly sold its mobile phone chip business. At first, Infineon, a company in Titanium, planned to take over, but the price of the two sides has not reached an agreement, so they have been delayed.

As a result, as Infineon's economic situation worsened this year, even its own Chimmonda business is seeking to be sold, and it is impossible to wipe Freescale's butt.

Without Infineon, the ideal buyer, Freescale couldn't help but finally started to let the news out, and had no qualification requirements for the buyer. It was basically just one sentence: just sell it if you give it money!

Pan Yongqiang also sent a list of Freescale's mobile phone chip business, including technical patents such as baseband processors, RF chips, power management chips and audio chips.

This is Freescale's most core intellectual property part, but the accompanying requirement is to take over more than 1,600 R&D personnel and related R&D equipment at the same time.

Qian Weichen read the list and said with a serious expression: Li Rui has to accept more than 1,600 people, this is no trivial matter.

Li Rui nodded.

Acquisitions are not always 11>2. It is difficult to achieve 11=2. Many acquisitions are even 11<2.

Qian Weichen said: I experienced several acquisitions when I was in Moji, with success and failure cases. This kind of cross-border and cross-cultural acquisition is actually very difficult. First of all, we must consider cultural integration. How to ensure that the team of 1,600 people can adapt to the new culture is a major challenge to the management and the key to determining whether the acquisition can be successful.

Li Rui smiled bitterly and said: We only have a few guns, so there is no management team. When you say that, my head hurts.

Qian Weichen said: The digestion and absorption of technology are also a key. MediaTek's acquisition of several companies was very successful before, because they have very strong digestion and integration capabilities and can quickly transform the acquired technology into their own. If we acquire Freescale, we must turn the technology into our own, which is another long process.

Li Rui pondered.

He thought that just by taking money, he could solve the problem, but now he realized that many problems cannot be solved by money.

Cultural differences and technical gaps cannot be filled with money, and require management ability, technical ability, and even time to smooth them out.

There are many difficulties, but Li Rui will not change his mind.

He called Fu Shande again.

Li Rui, why is it so early? Fu Shande answered the phone.

It’s twelve o’clock in the country of Magnesium, is it still early?

It seems that Fu Shande lives a life of being a rich and rich life by working as a broker between Huamei and Magnesium.

No, Fu Shande is from the country of Hua. The upside-down day and night in Magnesium just shows that he is still worried about his motherland?

After a few nonsense, Li Rui said about Freescale: Please help me find out about this matter, see what the Magnesium Government thinks, and whether there are restrictions on the acquisition of Huaguo Enterprises. After the acquisition, according to the laws of Magnesium, do you have any explanations for the specific arrangements of the 1,600 employees? I need to fully understand the risks of this acquisition before making a decision.

No problem. Fu Shande agreed, but why are you eyeing the phone chip again? Do you have so much cash on hand?

Li Rui smiled and said: Money is not a problem.

Tsk, Lao Feng introduced me to a big financial boss. I think you can support me in the future. Fu Shande smiled and said, if you have time to come to Magnesium Country, I will arrange for you to spend money and enjoy the corrupt life of capitalism!

Li Rui smiled and said: Capitalism corruption? When you have the opportunity to come back, I will take you to see the development and progress of our country. In terms of entertainment projects, the country of magnesium cannot compare to the country even if it develops for another hundred years!

Fu Shande said with emotion: I haven’t been back for seven or eight years, and I don’t know what Yanzhou and Haizhou have developed into. If you have the chance, you really have to go back and take a look.

Li Rui finally reminded: Freescale is very important to me, so I will ask for information as soon as possible.

I'll call now. Fu Shandedao, it's best to turn on your phone 24 hours a day. I'll notify you immediately if there is any news.

After a while, it was almost one o'clock in the morning.

There is no update news on Pan Yongqiang for the time being, so Li Rui and Qian Weichen went home to rest.

Tuesday, December 28, 2010.

At around six o'clock, Li Rui was woken up by the phone.

Fu Shande is really efficient. In just a few hours, he found out the specific situation of Freescale's sales of mobile phone chip business this time, and the level of detail is far higher than that of Pan Yongqiang.

Freescale sold its mobile phone chip business two months ago. It has been communicating with all parties to find buyers, two of which are Huaguo Enterprise!

The Magnesium Government does not impose restrictions? Li Rui said in surprise.

Fu Shande said: You are thinking too much. If you want to acquire Qualcomm, the Magnesium Government will definitely not allow it, but what you buy is Freescale, and Magnesium talents don’t have so much spare time to ask about it. Besides, do you think Blackstone behind Freescale are vegetarian? They have 180 lobbyists team alone, and which department doesn’t manage it clearly? Not to mention that Blackstone is just selling a mobile phone chip department, even if it is considered to sell arms, Magnesium people will turn a blind eye.

That would be great! Li Rui was very surprised.

What he was most worried about before was the restrictions of the magnesium government. Now without this concern, the success of the acquisition has greatly improved!

However, he was still a little surprised: Which two Huaguo companies did Freescale contact? Why was there no news about this before?

Fu Shandedao: You don’t know anything about this. Freescale and Moji were a family before. Moji and Wah Guo have always maintained a very good relationship and helped Yanzhou Industrial Association, hoping to sell this business to Yanzhou companies through the help of the Industrial Association.

At the beginning, the Industrial Association contacted Zhongwei and Dasong. I don’t know if it was not interested or expensive, but it didn’t get the negotiation anyway.

Li Rui frowned.

Zhongwei and Dasong are the leading integrated circuit design companies in China. They have been doing research on mobile phone chips, but unfortunately there has been no progress until ten years later.

Without the good-looking Freescale's advanced technology, he had to do self-development, and forced the industry to a point where it was almost chronic death. Li Rui knew the twists and turns inside, but unfortunately he didn't complain about it too much.

Later, two companies heard about Freescale and took the initiative to find Yanzhou Industrial Association. One was Qiao'an Group and the other was Dexin Company. Fu Shan Dedao.
Chapter completed!
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