289: Chapter 289 An Irresistible Fool!
"Boss Liu, you are truly very sincere. However, such a major matter is not suitable for discussion online. Come to Transsion! Let's discuss it properly."
"No problem. Many thanks to CEO Shen for giving me this face."
Taiwan Novel Network accompanies you in your leisure time, super thoughtful.
After hanging up the phone, Shen Fei did some calculations. Although Boss Liu was trying to take advantage of the crisis, for a shell company, selling at such a high price was extremely appropriate...
What? Boss Liu's words implied he wanted to take the patents with him? Then he could go wherever he wanted.
...
On September 12th, when Boss Liu's private car stopped downstairs at the Transsion headquarters, a circle of reporters had already gathered at the entrance.
The news of Lenovo acquiring Motorola had leaked out from somewhere; since yesterday afternoon, the tech media circle had been going crazy.
The most crucial point was that Lenovo believed the main reason it hit the trending searches was because they had leaked it themselves...
"Boss Liu, is Lenovo really going to acquire Motorola?"
"What is the offer?"
"Will Transsion sell?"
Boss Liu did not answer, and under the escort of security, he walked quickly into the headquarters building.
It was hard to imagine that a 68-year-old man could still walk so fast, even waiting for the security guards for a few seconds.
It seemed he was truly in a hurry!
However, although he didn't answer any questions on the way, his lips were constantly smiling! After all, these reporters were all invited by him; sometimes public opinion was also a tool.
After all, Transsion had been sanctioned, the market wasn't as big, and the employees underneath... they couldn't just follow him and drink the northwest wind, right? People needed to live too!
Meanwhile, to welcome the 'big sucker', Shen Fei specifically waited for him at the elevator entrance!
"CEO Liu, welcome!"
Boss Liu shook Shen Fei's hand, but his eyes couldn't help but size him up.
The richest man in China, under 30 years old, who had turned a small traditional factory in Africa into a global tech giant.
He lived up to being this global number one!
In an instant, Boss Liu felt like he had lived his life in vain. After all, he had worked so hard to turn Lenovo into his own private company, but this guy...
"CEO Shen, I've long admired you."
After chatting for a few sentences, both sides entered the conference room.
Inside this hundred-square-meter conference room, there were only four people: Shen Fei, Huang Tianya, Boss Liu, and Lenovo Group CEO Yang Yuanqing.
Just after sitting down, before the tea on the table had cooled, Boss Liu's hand unconsciously picked up the teacup, then twitched slightly from the heat, but he still braced himself and took a sip...
"CEO Shen, regarding Motorola, we are very sincere."
"After all, at this time, we can still offer a valuation of 2.9 billion USD, which is truly conscientious."
Shen Fei looked at them without speaking.
Yang Yuanqing frowned slightly. Could it be that this sincerity was not enough? But if that were really the case, Transsion might be too greedy.
After all, at this time, who else in China besides Lenovo would dare to take over? The current Motorola was not what it was half a year ago...
Times had changed. It was no longer in its prime; it had been banned from the United States market, and the European market was also precarious...
At this moment, Motorola only had its brand left!
"CEO Shen, this price refers to the price when the company acquired Motorola Mobility back then."
"You spent over 10 billion to acquire Motorola, but you surely wouldn't sell most of the patents, so we are mainly acquiring the brand, some patents, and global channels."
"2.9 billion USD, very reasonable."
Shen Fei smiled and sighed, reached out to pick up the report, then shook his head slightly, "CEO Yang, 2.9 billion is what you think is reasonable."
"I don't think it's reasonable."
"Then what is CEO Shen's idea? But 2.9 billion is already very sincere. After all, no one's money is blown in by the wind."
Yang Yuanqing spoke a little too fast. When he realized something was wrong, he wanted to force himself to slow down, but...
"4.5 billion!"
Upon hearing this price, Boss Liu and Yang Yuanqing felt their Adam's apples roll slightly, and the smiles on their faces immediately stiffened.
Then the two looked at each other in disbelief.
Boss Liu spoke urgently: "CEO Shen, 4.5 billion is too high. The current value of the Motorola brand is far less than it was back then."
"Moreover, Transsion has already been sanctioned in the United States. Motorola's market in the United States is approximately equal to zero, and its brand value is approximately equal to zero."
"And after we acquire it, we still have to solve these problems, which will cost a large sum of money..."
Shen Fei chuckled, twirling his pen with his fingertips: "You're right to think that way. But if that's the case, I have a little trouble on my end..."
The threat in Shen Fei's words was very obvious. Boss Liu immediately became nervous. There was no way the weaker party would talk like this; it was as if Lenovo was the one being banned.
It was just that Shen Fei didn't know what he was thinking, otherwise, he would definitely scold him.
Some people treated sanctions as a huge deal, while Transsion treated sanctions as a good opportunity.
After all, it wasn't certain how this matter would end.
"CEO Liu, Motorola's brand value is not in the United States, but in China, Southeast Asia, and the European market. Secondly, there are certain channels in Southeast Asia and Latin America as well."
"Lenovo wants to enter these markets, and Motorola is the best stepping stone."
Huang Tianya on the side finally chimed in...
He paused for a moment, his face also wearing the same mask as Shen Fei.
A feeling that gave people a gentle, harmless appearance, but might stab you at any time and be fatal with one blow.
"Moreover, Motorola still has over 2,000 communication patents in its hands."
"If Lenovo uses these patents, how much licensing fees can you save? Has CEO Liu calculated that?"
Listening to Huang Tianya's persuasion, Yang Yuanqing's fingers unconsciously touched the documents on the table. The movement and rhythm were much slower, but he didn't notice it himself.
Boss Liu on the side sighed silently. He shouldn't have brought Yang Yuanqing today... Now, whatever he said was too late.
Seeing this scene, Huang Tianya also smiled slightly; everything was within their plan.
"Boss Liu, Lenovo's main business is PC. The mobile phone business has been done for so many years, but it has always been lukewarm."
"Why? Because there is no brand, no patents, and no channels."
"Motorola has all three. For 4.5 billion, to buy a global brand, does CEO Liu think it's expensive?"
Boss Liu didn't make a sound; he looked at the asset statistics on the table.
There were indeed many communication patents, but core patents only accounted for about 10%. As for standard essential patents, there were even fewer.
Most of them were old or patents that could be easily bypassed... Buying this trash for 4 billion, he felt his heart was bleeding.
However, Huang Tianya's words were not wrong.
Transsion was also a new brand. After buying Motorola, the annual sales in the United States went directly to 30 million, and it was in the flagship market...
Lenovo couldn't compare to their technical reserves, but with a discount, 20 million a year, plus the low-to-mid-end market, annual sales exceeding 100 million and becoming a global top 3 should not be a problem...
This deal didn't seem to be particularly at a loss.
"3 billion, no more."
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