Silicon Valley

Chapter 73: Qualcomm submits!

   Qualcomm's board of directors is solemn.

Irving Jacobs said with a sullen face, "Cisco has given us an ultimatum, and we must reply to them in three days! In addition, Qualcomm is in a very bad situation recently, and it is said that AT&T is working with others. The telecommunications company is going to block us!"

   After finishing the words, everyone looked at each other and talked.

   "We have just been sued for rights infringement, and now AT&T is going to block us again?"

   "Yes, what should I do?"

  Owen Jacobs glanced at everyone, stood up and said: "I suggest joining Cisco as soon as possible, and then promote our technology!"

   "Jacob, what conditions will Cisco give us?" one of them asked.

   Jacob shook his head and said: "The details have not been discussed yet, but they promised to maintain Qualcomm's independence after acquiring Qualcomm, and Qualcomm's treatment is the same as Cisco's, enjoying option rewards!"

   "Up until now, I can only join Cisco. I agree with Qualcomm to join Cisco!" said a shareholder.

"I agree!"

  "..."

  Owen Jacob looked at the number of votes everyone had voted. Most people agreed to incorporate Qualcomm into Cisco, so he said: "Okay, then we will formally negotiate with Cisco right away!"

   After the meeting, Owen Jacobs immediately called John Chambers and told him that Qualcomm agreed to merge into Cisco, but the specific conditions need to be discussed in detail!

   John Chambers acted quickly and immediately organized a negotiating team, and went to Qualcomm to meet with him the next day.

"Mr. Jacobs, this is a condition that our Cisco company offers you!" After John Chambers and his party arrived at Qualcomm, they immediately handed the printed documents to Owen Jacobs and other senior staff, and said "We at Cisco invested 100 million US dollars in financing Qualcomm, holding 70% of the shares. In fact, in the current situation of Qualcomm, it is not worth 100 million at all, but we are optimistic about its future development. Therefore, we are willing to give such a Much! If you think there is no problem, we can sign the contract immediately!"

  Owen Jacobs and others were shocked by the conditions that Cisco offered. If CDMA technology is promoted, Cisco will offer this price. Qualcomm and others are no exception. But now, Qualcomm is obviously struggling, and Cisco has not taken advantage of the fire and deliberately underestimated the price, which is really touching!

   Irving Jacobs and others did not speak, but looked at each other. Before the formal meeting, they had guessed what conditions Cisco would give Qualcomm. They believed that the best condition might be to win a controlling stake in Qualcomm by US$50 million. But Cisco directly offered 100 million U.S. dollars, which shocked everyone!

   "Mr. Chambers, please allow us to discuss it before we make a decision?" Irving Jacobs said.

   John Chambers smiled, "Of course no problem, then we will wait outside for your news!" Then, the Cisco team stood up and walked out of the meeting room.

   After the Cisco team left the meeting room, Owen Jacob said, "What do you think of the conditions?"

   "I think it's very good, but they want 70% of the shares, which is a bit too much!" one of them said.

   "I think it is acceptable. If Qualcomm has 100 million US dollars, we can develop more advanced technologies, and we can even design our own chips!"

   There was a lot of discussion in the meeting room.

   However, the temptation of 100 million US dollars is not small, and finally won by one more vote. Qualcomm decided to agree to Cisco's terms!

   Then, Owen Jacobs called John Chambers and others in and said: "Mr. Chambers, we at Qualcomm finally decided to agree to Cisco's terms!!"

   John Chambers was overjoyed and said with a smile: "If this is the case, then we will sign the contract now!"

"no problem!"

   Soon, Cisco signed a contract with Qualcomm.

The next day, Cisco CEO John Chambers announced to the public: "On the afternoon of February 27, 1990, Cisco and Qualcomm formally signed a contract to invest 100 million US dollars in Qualcomm, holding 70% of the shares!! Cisco MCI, a subsidiary of Cisco The company will build 1,008 signal towers across the United States to fully support CDMA technology!!"

   After Cisco issued the statement, it immediately sent out invitations to many world-renowned mobile phone manufacturers, and one month later, participated in the Cisco Technology Licensing Conference!

   For CDMA technology to become a standard, the attitude of mobile phone manufacturers is very important. If they support it, it will be half done!

   After Qualcomm's acquisition, Henry breathed a sigh of relief. When I was free, I picked up the newspaper and read it. A piece of news immediately caught his attention!

"On February 20, 1990, Apple invested in ARM, the chip design department of the British Acorn Computer Company, to ensure the supply of chips for its Newton handheld computer!" After reading this news, Henry slapped his forehead sharply, how can he use ARM? forgotten. Today, Acorn Computer Company has not spun off ARM and established a separate company. But it will be in 1991, so investment must be made as early as possible!

   That allows Qualcomm to acquire ARM, just in time to design CDMA chips!

   Henry was excited when he thought of this, as if he saw a stripper posing and pole dancing in front of him! !

  嚯嚯! ! !

   Henry immediately called Qualcomm's CEO Owen Jacobs (the chairman became Henry of course), UU read www.uukanshu.com "Owen Jacobs, hello, this is Henry Williams!"

   "Oh, Mr. Williams, hello!"

   Henry said solemnly: "Mr. Jacob, I now recommend that you buy a chip design department under Acorn Computer Corporation in the United Kingdom. I think Qualcomm can design its own chips in the next step!"

   "Oh, do you mean ARM? A processor chip specifically designed to streamline the instruction set?"

   "Yes! ARM has great potential. This streamlined instruction set has the characteristics of high efficiency and low energy consumption. It is especially suitable for mobile phone chips! For Qualcomm, if it acquires ARM, it will be like a tiger!"

   Henry finished, Owen Jacob over there pondered for a moment, and then replied: "Mr. Williams, I will then arrange for someone to go to the UK to acquire the ARM department!"

   "Well, that's good! Are you busy, I'm hanging up!"

   Henry hung up the phone and thought to himself that both Qualcomm and Arm only have design departments and no factories for producing chips. It seems that if you have money in the future, you have to build your own fabs and production bases! ! And now that you have been involved in the semiconductor industry, you can't let go of the very famous companies in the past, AMD Chaowei Semiconductor, ati display chip manufacturer, which can all be acquired. Of course, there are many more, Henry feels that he is already a little bit enthusiastic!

   Ha ha, the hero of the world, enter my heart! (Seeking a recommendation ticket, and the book friend group: 424930141, everyone is welcome to join...)

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