In order to face the competition from Intel, AMD had to diversify its business.
If ATI and Nvidia did not want to be strangled by Intel, they had to cooperate with another major CPU manufacturer.
One had the intention to buy, and the other had the intention to sell.
Naturally, the acquisition was completed.
Although the three companies had not contacted each other before, under Chen Yu's lead, the acquisition was completed quickly.
However, in the end, AMD chose ATI and gave up on Nvidia.
As for the reason …
There was not much of a reason.
If there was a reason, it would be that Old Man Sanders felt that he could still work until he was 80 years old.
"Chen Yu, thank you for completing this acquisition."
"You're welcome. Actually, I have my own goals."
"I know, but no matter what, you still helped me."
He Guoyuan expressed his gratitude to Chen Yu. "However, it might take some time to complete the acquisition."
"I know."
Chen Yu nodded.
Even if both companies were interested in such a large-scale acquisition, it would not be completed immediately.
One was AMD, a company in the United States, and the other was ATI, a graphics card company in Canada.
The acquisition of both companies had to be approved by the relevant departments.
In addition, a series of business and processes had to be completed one by one.
Even if both parties pushed forward with all their might, it would take at least half a year.
Fortunately, the higher-ups in the United States did not make things difficult for AMD.
At the same time, they did not want Intel to be the only big company, so they supported AMD's acquisition of ATI.
"Oh right, Mr. He, if this acquisition is successful, what are your plans?"
"I haven't thought about it yet."
He Guoyuan smiled and said, "I'll probably travel around the world for a while."
"What's next?"
"Next."
He Guoyuan shook his head. "We'll talk about it when the time comes. God knows what will happen next."
"That's true. Maybe you'll get some inspiration when you travel, Mr. He. Of course, Mr. He, if there's a chance, you can travel around the mainland … "
"Of course."
In response to Chen Yu's invitation, Bao Guoyuan nodded happily. "Maybe you don't know, but I was born in the mainland, in Guangzhou."
"Guangdong Province. Our Huanyu Technologies headquarters is also in Guangdong Province."
"Yes, I spent my childhood in Guangdong Province. When I was 12, I went to Macau. The next year, I went to Hong Kong … Then, when I was 32, I went to Canada. After that, I rarely returned to the mainland. "
He Guoyuan sighed as he spoke.
He was probably reminiscing about his childhood in the mainland.
"Hehe, the mainland has changed a lot compared to before."
"I also learned about it from the news reports. Chen Yu, that's all for now. I'm going back to Toronto now. If I return to the mainland one day, I will definitely contact you. "
"I'll wait for you."
Chen Yu's suggestion was not for nothing.
When he told He Guoyuan that he wanted to go back to the mainland, he naturally had his own plans.
If He Guoyuan sells his company, it will be a pity if he stops making graphics cards.
If possible, Chen Yu was willing to start manufacturing graphics cards in China with He Guoyuan.
However, Chen Yu would not put all his chips on He Guoyuan's side.
After separating from Bao Guoyuan, Chen Yu began to calculate whether he could acquire more shares of AMD in this acquisition.
Of course, this was not because AMD's old man really wanted to give up a lot of AMD shares.
However, as the world's top graphics card manufacturer, although ATI was not as big as AMD, it would still cost a lot to acquire ATI.
With AMD's current cash flow, they could not afford to pay too much.
Therefore, there were two plans.
One plan was to use some cash and AMD shares to acquire ATI.
The other was to bring in other investors.
Obviously, Chen Yu was one of them.
Originally, Chen Yu only wanted 1% of AMD's shares.
However, after interacting with AMD's old man, Chen Yu realized that AMD's financial situation was actually very bad.
Just like their dual-core processor.
They released it before Intel, and it was a true dual-core processor.
However, they did not have much money to promote it, and such a good product was not released to the market.
After coming into contact with Weibo, Saunders had a good impression of Huanyu Technologies.
He felt that.
With AMD's current development, it was very difficult for them to go against Intel.
However, if they brought in Huanyu Technologies, it would be completely different.
Therefore.
From Saunders' hints, Chen Yu could tell that he intended to let Huanyu Technologies have more shares of AMD.
Of course.
Chen Yu would not directly use the identity of Huanyu Technologies. He would use the name of an investment company registered in the United States.
The reason for doing so was to avoid unnecessary trouble.
However, this did not matter.
After all, the final person in control was him, Chen Yu.
"Boss Chen, you're finally back."
"Why, Wang Chang, did something happen?"
"It's still about the financing. The various investment companies have come to us dozens of times, waiting for you to come back."
"Oh, is that so?"
Chen Yu smiled slightly.
He was thinking about where to get the funds to buy more shares of AMD.
"Okay, contact them and tell them that I'm back."
"I can have a chat with them in the afternoon."
Of course, this was not an official financing.
Chen Yu's arrangement in the afternoon was just to find out their background.
"Boss Chen, I'm the representative of Damo. Do you still remember?"
"Uh, I don't remember."
"It's okay if you don't remember. Boss Chen, this is my business card."
"Boss Chen, I'm the representative of Goldman Sachs. I'm here to discuss the financing of Weibo with you."
"Who said we're going to finance?"
"Boss Chen, are you not going to finance?"
"Not at the moment."
"Boss Chen, we are very optimistic about the potential of Weibo and have made a very high valuation."
"How high is it?"
"10 billion USD."
"That's too little."
"The valuation is negotiable. You can state any conditions you have."
"Conditions?"
Looking at the ten representatives of the world's top venture capital companies in front of him, Chen Yu was unmoved.
Of course, he was short of money now.
He wanted to get a sum of money first before buying AMD's shares.
However, the more he wanted money, the more Chen Yu could not be impatient.
"Conditions? I haven't thought about it yet. Why don't you tell me what conditions you can give us?"
"Boss Chen, we can guarantee that after the financing, we will not interfere with any of your company's operations."
"This is necessary."
"In addition, we will not make any specific requirements for when your company will be listed."
"We will definitely be listed. Don't worry about that. Moreover, I can guarantee that after the listing, your investment will definitely be a huge return. "
"Boss Chen, we also believe in the potential of Weibo."
The representatives of the top venture capital companies were overjoyed.
Although Huanyu Video had not been listed on Wechat yet.
However, their investment in these two websites had doubled.
"Boss Chen, we have already shown our sincerity. What do you think?"
A series of conditions were listed. Several venture capital representatives tried to ask for Chen Yu's opinion.
However, Chen Yu still shook his head. "Sigh, forget it. Although I believe in your strength, I have dealt with you before. There are some things that I am very dissatisfied with. "
"Boss Chen, what are you referring to?"
"For example, the use of funds. At that time, Huanyu Technologies borrowed money from Wechat twice, and you have always had opinions about Huanyu Technologies."
"Boss Chen, it's a misunderstanding, a misunderstanding. We were actually worried that the funds would be used improperly and affect Wechat."
"What about now? Did it affect us?"
"This …"
"Boss Chen, actually, we don't have many opinions about the use of the company's funds. Boss Chen, we will not interfere with your use of funds. What do you think? "
"Words are useless."
"We can write it in the contract."
"This …"
"Boss Chen, if you have any other conditions, please state them."
"Okay, I will think about it and contact you when the time comes."
Chen Yu did not show any expression, but he was already overjoyed.
He had already achieved his goal.
You've already exceeded your reading limit for today. If you want to read more, please log in.
Login
Select text and click 'Report' to let us know about any bad translation.
