1991 Starting from the core

Facing the women's army in Xinghai, Vincenti and others completely gave up their gentlemanly manners and filled the conference room with smoke from their big smoking guns.

"Estimated 4 billion, this is our bottom line." Vincenti looked at Carly, but paid close attention to Su Yuanshan with the corner of his eye. He knew that although Su Yuanshan rarely spoke, it was Chairman Su Yuanshan who signed the final signature.

"Our bottom line is 6 billion." Carly looked back at each other and said sincerely: "Mr. Vincenti, yesterday we produced the market report and the previous investment report. If nothing else, now Guang Xinghai's GSM Patents alone are worth hundreds of millions—this is the price Motorola set."

"I recognize the value of your GSM patent, but it is too early to predict the technological advancement and market prospects of the GSM patent. Not to mention that your patent is shared with the telecore." Vincenti flicked the cigarette ashes. Frowning, he said, "Even if we attach great importance to the development of technology and respect your foresight, we cannot deviate from the current reality."

Carly combed her hair with a pen, and she also became a little irritable. It's easy to say that Xinghai is not listed on the market after all. But TI is a listed company and has to be responsible to a large number of investors. And Xinghai also has a very real problem, which is that it will acquire a company that is currently involved in litigation.

After all factors are considered, the other side does have capital to lower prices.

It stands to reason that 800 million in cash is exchanged for 20% of Xinghai's shares. As a company that has only been established for one year, anyone else would laugh their teeth out. But Xinghai is different... Xinghai has never been a sudden rise like a small workshop. It has world-class and monopoly-level products from the beginning. Immediately afterwards, the cash cow product was developed, and now it is joining forces with Yuexin, with hundreds of engineers jointly promoting GSM technology - this scale has already caught up with giants such as Siemens and Nokia.

Reminiscent of the miraculous insight of Su Yuanshan, the actual head of Yuanxin, Carly believes that once GSM technology matures, Yuanxin will definitely occupy a place in the new wireless communication market in the future.

She originally came from the communications industry, so how could she not see how vast the new generation wireless communications market is? Su Yuanshan's confidence in the mainland has also affected her. She firmly believes that in the next few years, the mainland will be a country full of people. There are unlimited business opportunities and even gold markets everywhere.

In this market, Yuanxin and Xinghai will definitely win.

At this time, the phone rang behind Su Yuanshan. He took the phone and answered a few words in Japanese with a smile, then returned to the negotiating table, and then glanced at Carly.

Carly smiled and nodded at him.

"That's right, Mr. Vincenti, I just received a call from Sony. They agreed that we should truthfully state our cooperation with them in closed negotiations."

Vincenti looked at Su Yuanshan in surprise, and his negotiators quickly began to flip through the information in their hands.

"We don't have your information. We haven't made it public before. After all, this involves Sony's battle for dignity, so we also hope that you can abide by your promise not to disclose the contents of the negotiations."

Vincenti nodded: "That's natural."

"Well, actually our GPU department has reached a cooperation with Sony to customize graphics processors for their next-generation consoles. At the same time, this GPU will also enter the currently booming arcade market."

"Before I set off, representatives from Yuanxin, Xinghai, and Sony were already conducting technical docking. So, you see that our GPU team is far from the small team it is now..."

"Our first graphics accelerator card will be available next year at the latest - I forgot to tell you that Meijie on the island is a partner of Yuanxin. We have professional motherboard and graphics card production technology and production lines."

Su Yuanshan put down his pen and said with a smile: "As long as Yuanxin wins Cyrix, it will immediately become the next Apple - a company that even has a more complete production and supply chain than Apple. If so, you still think that we are only worth forty billion, then I can only wait for it to go public and let Wall Street test how much Xinghai is worth."

Snapped! Vincenti lit another cigarette.

"If you still think it's not possible, let's make a bet." Su Yuanshan suddenly smiled, remembering the time when he deceived his uncle. "If the compound annual growth rate of Xinghai..."

"No bet." Vincenti immediately shook his head: "I will contact the board of directors immediately."

"..." Su Yuanshan was choked.

*

*

After the third round of negotiations in the morning, Su Yuanshan and Vincenti had a chat over coffee.

Su Yuanshan was surprised why Vincenti immediately rejected the bet as soon as he heard about it.

"We are a technology company, not Wall Street, so we don't play that trick." Vincenti looked at him with a smile: "Speaking of which, we are more willing to hold shares in Yuanxin than Xinghai."

"Haha, I would also like you to hold shares, but the policy won't allow it... You have to know that we have already been under a lot of pressure when we separated Yuanxin EDA for a public offering." Su Yuanshan replied half-truthfully.

Yuanxin has to cooperate with domestic universities and major research institutes, and some even involve confidential projects, so it is best to maintain the purity of capital.

But the government is actually very supportive of EDA's separation, and there is no pressure at all.

Because the separation will be of great benefit to the development of EDA.

Even state-owned assets can enter. Even if there is no way to hold a controlling stake, they can still cooperate with Yuanxin to hold a controlling stake. And no matter who owns the equity, it is enough that Yuanxin is a mainland company.

Vincenti smiled and expressed understanding.

"If nothing else happens, we will be allies next." Vincenti said to Su Yuanshan.

"No, no, no, you are also the boss, so please support Cyrix." Su Yuanshan flattered him: "To be honest, Mr. Vincenti, you should understand that what we need is not money, but cooperation with you. Cooperation. If it is really about money, I can ask for a high price, such as 8 billion, and I will give you all the stars, but you will definitely not want to buy it. Right?"

"Are you serious?" Vincenti raised her eyebrows: "If you really want to give it all to us, I'm very willing."

Su Yuanshan laughed: "...I'm just kidding."

Vincenti couldn't help but smile.

"Really, whether this business can be done or not, Wall Street will know it right away. We can bet on this." Su Yuanshan raised his coffee: "After investing in Xinghai, if your stock rises, it means The vision of capital is sharp."

"What if it doesn't go up?"

"It means that capital's eyes are blind."

…

When the news came from TI's board of directors again, both parties took a step back, and the deal was finally completed in the form of 800 million in cash and stocks.

Texas Instruments shares soared the day after the two sides reached an agreement.

Well, capital’s eyes are really sharp.