Reborn in Hong Kong as a Tycoon

Chapter 334 The Progress of Acquisition Entrustment
"Continue to talk about other acquisitions."

"Ok!"

"The next step is integrated circuit technology. The negotiations between Goldman Sachs and Texas Instruments have come to an end. If there is no accident, they can be negotiated within a week. The price is around US$1.7 million to US$1.8 million."

Lin Baicheng originally commissioned Goldman Sachs to acquire fabs and packaging and testing factories, including related technologies of course.However, when Goldman Sachs was looking for an acquisition target for Lin Baicheng, Texas Instruments, which was preparing to sell related technologies and factories, approached Goldman Sachs.

Among the technologies and factories that Texas Instruments will sell are fabs and packaging and testing factories, including a whole line of technologies and factories on integrated circuits, but they are all second-rate and backward technologies. Otherwise, integrated circuit technology will be the main development direction. Texas Instruments will not be willing to sell an entire line of technology.

The technology that Texas Instruments wants to sell is ten years behind the most advanced technology of Texas Instruments today, so Texas Instruments sells the technology, and companies that are not afraid of acquiring technology will become their future opponents.

Although it is a second-rate backward technology and not a world-class technology, Lin Baicheng decided to buy it after learning about it, and asked Goldman Sachs to negotiate with Texas Instruments.

It stands to reason that with the integrated circuit (chip) technology of Texas Instruments, there is no need for Intel's memory chip technology. After all, the technology sold by Texas Instruments includes internal memory and external memory technology, but Intel's memory chip technology is more advanced. , Lin Baicheng has no reason not to.

With chip technology, Lin Baicheng's next goal is lithography machine technology, so that independent research and development will not be stuck. In this era, as long as you have money, it is still relatively possible.

Lin Baicheng said: "After the negotiation with Texas Instruments is over, the technology research and development will also be carried out in Xiangjiang. As for the factory, we will decide whether to move or not."

"Finally home appliance technology."

Haruko Mori nodded and continued: "Mr. Lin, among the three technologies you named TV, refrigerators, and air conditioners, Goldman Sachs has negotiated with York for the acquisition of small and medium-sized air-conditioning technologies. Only small and medium-sized air-conditioning technologies will be transferred, and the production line will be separately Order. The transfer of technology is a total of 1000 million U.S. dollars, and the price of the ordered production line varies according to the specifications."

"Why doesn't York transfer large-scale air-conditioning technology?"

Lin Baicheng asked aloud, large-scale air-conditioning technology is usually used in shopping malls, supermarkets and other places.

Haruko Mori explained: "Large air conditioners are York's core business, so related technologies will not be transferred."

"Aren't there more markets for small and medium-sized air conditioners?"

Lin Baicheng was a little surprised when he heard the words, isn't it true?

"York has not entered the small and medium-sized air conditioner market for many years, the market share is not large, and the technology is not the best in the market, so York is willing to sell small and medium-sized air conditioner technology." Haruko Mori said.

"I see!"

Lin Baicheng nodded and didn't ask any more questions. Anyway, it's good that York is willing to sell technology, and what to do if he thinks so much.

"It's fine to bring the relevant technology over first. After the home appliance company is established, we can decide on the production line."

"Refrigerator technology, Goldman Sachs is now negotiating technology transfer with a poorly managed home appliance company. In addition to relatively advanced refrigerator technology, this company also has technology for household appliances such as rice cookers, electric ovens, induction cookers, electric water heaters, and washing machines."

"This company has so many home appliance technologies, which shows that its strength is not bad. Why is it still running poorly?"

After hearing Haruko Mori's words, Lin Baicheng couldn't help asking.

"This company has too many types of home appliances involved, and its strength is not strong enough, so that everything is well-versed but not perfect, and there are problems in operation. However, this company involves a lot of home appliance technologies, so it is a suitable Target."

Haruko Mori paused for a moment before continuing: "However, the state government does not want this company to go bankrupt, because it involves a large variety of home appliances, so naturally there will be more factories, providing tens of thousands of household appliances for the state. Jobs is one of the few large companies in the state. Therefore, the state government contacted us, hoping that we can continue to operate the company after acquiring the company, and the state is willing to provide us with a low-interest loan and three-year tax exemption.”

"What's your suggestion?"

Lin Baicheng asked, this kind of thing is exactly when he needs an assistant to give him advice.

"If it's just a simple acquisition of technology, it only needs about 2000 million U.S. dollars."

"The actual value of this company is about 1.2 million US dollars, but the debt is as high as 1 million US dollars. Not only the bank is no longer willing to lend to the company, but even the company's shareholders do not want to continue to operate, so the price of not more than 3000 million US dollars is reasonable. This company can be acquired. However, the company is now losing money every month, and if it cannot turn losses into profits after the acquisition, then it will cost more money.”

"Of course there is value in this company. According to our assessment, if we can inject no less than 2000 million US dollars into the company after the acquisition, and reduce the company's projects and switch to specializing in several types of home appliances, then the company will turn losses into zero. The possibility of profit is still very high. At that time, the value of this company will increase greatly, which is much more cost-effective than simply acquiring technology.”

Bill Harveys stated the team's opinion after discussion.

"Since you think it's more cost-effective to acquire the company, then notify Goldman Sachs and ask Goldman Sachs to make an overall acquisition of the company, and your team also remember to send someone to follow up."

Lin Baicheng chose to trust his assistants, after all, they are more capable than him in this area.

"Ok!"

Bill Harveys answered.

Haruko Mori continued: "The last thing is TV technology. Originally, Goldman Sachs already had a goal, but GE approached Goldman Sachs a few days ago, and GE is going to shut down the TV department and sell the technology, factories, channels, etc. in a package. , and asked if the company has any intention to acquire. The acquisition will cost at least [-] million US dollars, and the specific price is unknown because we haven’t discussed it yet.”

"You told me about this matter, and I told you to think about it at the time, and I still have this attitude now. Whether to buy the TV department from General Electric depends on whether you can make a lot of money from the short side in the short term , otherwise I have no funds for acquisitions.”

Lin Baicheng shook his head. His acquisitions were completely over-subscribed, and the bulk was on the semiconductor technology side, but it is so rare to be able to acquire the technology of the entire chip production chain, and he really didn't want to miss it.

Relatively speaking, home appliance technology is incomparable with semiconductor technology, so if you have to make a choice, you can only reduce the acquisition funds for home appliances.

However, if he can make a lot of money from the short-term British family in the short term, then Lin Baicheng will have enough money to complete all the target acquisitions.

(End of this chapter)