On the other side of the exhibition hall, two bigwigs were also discussing the acquisition.
Bai Wanjun and IBM's Mr. Louis stood together and chatted happily.
"The last time we met, I offered 1.5 billion RMB for IBM. Have you all considered?" Bai Wanjun smiled and looked at Louis.
Louis said, "This price is very attractive to me. But there is another company in China that is in contact with IBM."
Bai Wanjun knew that it must be Fang Tian's company. Why is he eyeing IBM?
"No matter what, we cannot sell to him. Wanjun Group is the best choice. "Bai Wanjun wants to acquire IBM to expand his global business and make up for his losses in the Chinese market.
Louis smiled. "If there are no accidents, IBM will surely sell to you all."
… …
On the other side of the exhibition hall, Fang Tian and Microsoft's Deputy CEO were still discussing.
But from their expressions, it was obvious that they were not having a good conversation.
Baoer Mo felt that Li Du was dreaming and walked away.
This exhibition hall in Never Setting Sun City was the most popular among the consumers. A large number of electronics enthusiasts came to experience the latest products from Never Setting Sun City.
Fang Tian was very calm and chatted with the consumers about the user experience.
"Never Setting Sun City is the pride of our country. We will always support you!"
"That's right. If Soft cloud can defeat the American technology companies one day, that would be great."
"Whether the operating system has a future depends on Soft cloud. We support, we support!"
The fans were very excited and shouted their support!
After chatting with them for ten minutes, Fang Tian was about to walk to the other exhibition halls when IBM's President, Louis, walked over.
Li Du was just about to look for him.
"Mr. Louis, we meet!" Fang Tian smiled and shook hands with him.
Louis pushed up his glasses and extended his hand warmly. "A few days ago, I received a call from your company's Deputy CEO. He said that you have something important to discuss with me. May I know what it is?"
Fang Tian looked around and said, "Let's find a place to sit down and talk."
Louis nodded, and the two of them walked out of the exhibition hall.
Triumph Coffee Shop.
Close to the window, they could see the vast exhibition hall outside. The two of them sat opposite each other and ordered a cup of coffee.
Fang Tian was very direct. He looked at Louis and said, "I heard that IBM is preparing to sell their computer business. Soft cloud intends to acquire them!"
The PC market had entered the era of price war. IBM's PC business had suffered heavy losses. They decided to give up on the hardware business and focus on the software business.
In other words, the tough guy company that had lived for a hundred years had begun to change to living off women.
Now, IBM's sales are dropping even in the US, let alone China. They are losing to HP.
Louis had wanted to sell the computer business for a long time.
The waiter walked 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 it, IBM can sell it to you. Oh, just the computer business. "
In 2005, IBM's computer business was acquired by Lenovo for 1.75 billion USD. Back then, the exchange rate between USD and RMB was 1: 8.
In other words, Lenovo had spent more than 10 billion USD to acquire IBM. This was not a small price. Because of this acquisition, Lenovo had become the world's number one PC brand.
Fang Tian was born in this world in 2002. In other words, he was born a few years earlier than Lenovo, and the acquisition price was lower.
Fang Tian took a sip of his coffee and smiled. "900 million USD. I am willing to spend 900 million USD to acquire IBM's computer business."
Louis was shocked by this price. "No. This price is too low. IBM cannot accept this price."
Although IBM's computer business had declined, it should not be so low.
After that, Fang Tian spent a long time negotiating the acquisition price.
In the end, Louis agreed to sell IBM to Soft cloud for 1.2 billion USD!
Fang Tian was overjoyed. This price was much lower than Lenovo's acquisition price!
Fang Tian was still satisfied with this price, but he did not show any excitement on his face. "Sigh … this price is still too high. Soft cloud will not be able to fork out so much money to acquire IBM."
Louis laughed. "You can transfer 10% of Soft cloud's shares to us, and we can offset 80% of your investment."
In the past, Lenovo did not have enough money to acquire IBM's computers. Other than 650 million USD in cash, they still need to add 25% of their shares to complete the acquisition.
Now, Louis is using the same method. He hopes Soft cloud will transfer a portion of their shares to them.
Fang Tian laughed. You are really dreaming. Do you know how much Soft Cloud's valuation is? In the future, even 10% of Soft cloud's share prices will be worth more than 100 billion USD.
If we transfer our shares to you because of this acquisition, we will regret it in the future. We will become the world's laughing stock.
Fang Tian shrugged his shoulders. "I will never transfer my Soft cloud's shares to you all. Although 1.2 billion USD is a lot, I can still afford it."
Louis laughed. "If you are not willing to transfer your shares, then the acquisition price will be 1.7 billion USD!"
Soft cloud technology is the world's fastest growing technology company. IBM is optimistic about Soft cloud's growth and wants to acquire a portion of their shares.
"Impossible. Not even 1%." Fang Tian rejected.
Louis continued. "Actually, other than you, another Chinese company had approached me. They want to acquire IBM for 1.5 billion USD. Hehe, the price they offered is much more attractive to me than yours. "
Needless to say, it must be Bai Wanjun.
If it wasn't for Fang Tian, Wanjun Computers will be the world's Lenovo. They are the leader of the PC industry, and if they want to expand their international business, they will surely acquire overseas PC manufacturers.
IBM is making losses now, and if they want to transfer their shares, Wanjun will surely acquire them.
Fang Tian thought for a while and asked. "Can Wanjun Group offer so much cash for the acquisition?"
Louis laughed. "500 million USD in cash and 20% of Wanjun Group's shares!"
Wanjun Computers is more or less like Lenovo.
Louis put down his coffee cup and stood up. "1.2 billion USD is too low. I would rather sell to Wanjun Group."
Fang Tian swirled his coffee cup. "1.5 billion USD might be attractive, but you must know that Wanjun Group is on the decline, and their shares are worthless!"
Louis was stunned and stopped in his tracks.
He turned and looked at Feng Yu. "How is that possible? Wanjun Group is China's biggest PC company, and their annual growth is more than 50%!"
"That was in the past." Fang Tian stood up. "You should evaluate the value of Wanjun Group's shares. Even if you get 20% of their shares, it will still be worthless."
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