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1569/Acquisition Giant

On the other side of the exhibition hall, the two bigwigs also discussed the acquisition.

Bai Wanjun stood together with Mr. Louis of IBM and chatted happily.

"Last time we met, I offered 1.5 billion yuan to acquire IBM computers. How are you thinking about it?" Bai Wanjun looked at Louis with a smile.

"This price is very attractive to me, but there is another company in China that has contacted IBM," said Louis.

Bai Wanjun knew that it must be Fang Tian’s company, so why did he target IBM?

"You can't sell it to him no matter what. Wanjun Group is the best choice." Bai Wanjun wants to acquire IBM to expand its global business and intends to make up for losses in the domestic market.

Louis smiled slightly: "If nothing unexpected happens, the IBM computer will definitely be sold to you."

...

On the other side of the exhibition hall, Fang Tian and Microsoft Vice President were still in talks.

But from the expressions of the two, it can be seen that the negotiations between the two were not pleasant.

Bao Ermo thought he was too delusional and turned around and walked away.

This booth, where the sun never sets, is the most popular among consumers. A large number of electronic product enthusiasts experience the latest products launched by the sun never sets.

Fang Tian was very peaceful and talked to consumers about user experience.

"The sun never sets is the pride of domestic products, and we will always support it!"

"Yes, if one day, Ruanyun can defeat American technology companies."

"Whether there is a way out for the operating system depends on the soft cloud, support and support!"

Fans were in high spirits and shouted for support!

After chatting with them for ten minutes, Fang Tian was about to walk towards other booths, when Louis, the president of IBM, came over.

Just as I was looking for him, it was just right.

"Mr. Louis, we're meeting!" Fang Tian smiled slightly and shook hands with him.

Louis pushed his glasses and reached out to me enthusiastically. "A few days ago, I received a call from the vice president of your company, saying, Mr. K, you have something important to talk to me. I wonder what it is?"

Fang Tian looked around and said, "Find a place to sit down and talk."

Louis nodded, and then the two walked out of the exhibition hall.

Triumph Coffee Shop.

Near the window, you can see the wide-area exhibition hall outside. The two sat opposite each other and ordered a cup of coffee.

Fang Tian spoke very directly, looking at Louis opposite him and said, "I heard that IBM is preparing to sell the computer business, and Ruanyun plans to acquire it!"

Now computers have entered the era of price wars, and IBM's computer business has fallen into a major loss. They plan to give up their hardware business and focus on their software business.

In other words, the tough guy company that has lived for a hundred years has begun to transform and make a living.

Now IBM, not to mention in China, even in the United States, has seen sales decline, and its competition with HP is losing streak.

Louis had long wanted to sell his computer business.

The waiter came over and placed two cups of coffee in front of them.

Louis took the Blue Mountain coffee and took a sip: "If you can afford the price, IBM can sell it to you. Oh, it's just a computer business."

In 2005, IBM's computer business was acquired by Lenovo at a cost of US$1.75 billion. The exchange rate between US$20 and RMB was 1 to 8.

In other words, Lenovo spent more than 10 billion to acquire IBM, which was really a big price. It is precisely because of this acquisition that Lenovo has become the world's number one computer brand.

Fang Tian is in this world, and the time is 2002. In other words, it is several years earlier than Lenovo, and the purchase price can be lowered.

Fang Tian took a sip of coffee and smiled: "I am willing to spend 900 million US dollars to acquire IBM's computer business."

Louis was surprised by the price: "No, the price is too low, and IBM cannot accept such a price."

Although IBM computers have declined, they are not so low.

Next, Fang Tian spent a long time negotiating the acquisition price.

In the end, Louis agreed to sell IBM to Ruanyun for 1.2 billion!

Fang Tian was delighted that this price was much lower than Lenovo’s purchase price!

He was quite satisfied with the price, but Fang Tian did not show any excitement on his face and looked helpless: "Oh, this price is still too high, and it is difficult for Ruanyun to take out so much money to acquire it."

Louis said with a smile: "You can transfer 10% of Soft Cloud's equity to us, which can offset 80% of the funds."

At the beginning, Lenovo acquired IBM's computers, but it was not enough. In addition to US$650 million in cash, it also added 25% of its equity to IBM before completing the acquisition.

Now, Louis has the same trick, and he hopes that Ruanyun can transfer part of his equity to them.

Fang Tian smiled. You really think beautifully. Do you know how much Ruanyun’s valuation is? In the future, Ruanyun’s stock price may exceed 100 billion yuan, and it will be worth US dollars.

If you transfer the stock to you for the sake of acquisition, you will regret it to death in the future, which will definitely become a joke in the global industry.

Fang Tian shrugged: "I will never transfer Ruoyun's stock to you. It's $1.2 billion. Although it's a little bigger, I can still bear it."

Louis smiled and said, "If you are unwilling to transfer stocks, then the purchase price will be $1.7 billion!"

Ruanyun Technology is the fastest growing technology company in the world today. IBM is very optimistic about Ruanyun's growth and wants to take part of its equity.

"Impossible, 1% is not possible." Fang Tian refused decisively.

Louis said: "Actually, besides you, there is another Chinese company that has contacted me and acquired IBM for 1.5 billion. Haha, the price they offer is more attractive to me than yours."

Needless to ask, it must be Bai Wanjun.

If Fang Tian hadn't emerged, Wanjun Computer would have been Lenovo in this world, the leader of the computer industry, if he wanted to expand his international business, he would definitely acquire foreign computer manufacturers.

IBM is in a loss and if it wants to transfer, Wanjun will definitely acquire it.

Fang Tian thought for a while and asked, "Can Wanjun Group take out so much cash to acquire it?"

Louis smiled and said, "$500 million in cash, and then add 20% of Wanjun Group's equity!"

Wanjun computers are almost like Lenovo.

Louis put down his coffee cup and stood up: "The price of 1.2 billion is too low, I would rather sell it to Wanjun Group."

Fang Tian shook the coffee cup gently: "Bai Wanjun's price of 1.5 billion seems to be very attractive, but you have to know that Wanjun Group has declined and their stocks are not worth it!"

Louis was stunned and stopped.

He turned to look over: "How is it possible? Wanjun Group is the largest computer company in China, with its annual growth of more than 50%!"

"That's the past." Fang Tian stood up: "You'd better evaluate the current stock value of Wanjun Group. If you get 20% of their equity, you won't even have the value of the chicken."
Chapter completed!
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