Age of Dreams

When Nortel Networks went bankrupt in January 2009, its market value was only US$50 million.

And their most pinnacle thing, the market value is as high as 250 billion US dollars.

Such a huge contrast makes every Canadian feel sad, but helpless.

They are a little better in this life, but they are all blessings to Xiaoqi.

Not only because Xiao Qi bought their CDMA department and purchased optical fiber patents; but also because at the beginning of last year, Xiao Qi spent 2.3 billion US dollars to purchase more than 6,000 network patents, and more than 2,000 shared with Nortel Networks Patents.

With such a sum of money, they have continued to struggle for a long time, and they still have more than 500 million US dollars in their current market value, which is much better than the previous life.

However, you want to buy Nortel Networks, but it is not so easy.

Because Nortel Networks owes banks as much as 3.5 billion U.S. dollars in debt, if you want to acquire it, at least 4 billion U.S. dollars is required, which is a bit high.

As the top telecommunications operator, Nortel Networks has undoubtedly excellent technical capabilities and patent reserves, and everyone knows this.

But looking at the need to bear so much debt, many companies prefer to buy Nortel’s patents and pay royalties, which is more cost-effective. Nortel Networks dare not ask for patent fees because the company urgently needs money. These are all There is a basic price. Companies such as Ericsson and Motorola all have these related patents. If you ask for a higher price, others will definitely buy from other companies.

That's why Xiao Qi bought Nortel Networks' optical fiber patents in Asia.

When Nortel Networks goes bankrupt, these patents will become the property of the custodian bank.

No matter how much your technology patent is worth, the bank can sell anything as long as you give them a price.

People only need to spend less money than they do now to get the patents and technologies of Nortel Networks. What's wrong with this?

The same goes for the talents of Nortel Networks.

Although there are a lot of these talents, many of them are first-class experts in the professional field, why do you buy it by purchasing Nortel Networks?

After the collapse of Nortel Networks, these experts will become self-reliant, so there is no digging clause involved, and they can be received into their own company by just giving them appropriate treatment, which is small and costly. It's strange that people don't do it if they get too much.

So far, those who are interested in these experts include Ericsson, Nokia, Motorola, Apple, Microsoft, ... a lot of well-known large companies.

Fairy Company is certainly a very well-known large company, and even surpasses these companies in terms of market value and influence.

But for one thing, the Fairy Company has inherent disadvantages.

That is the bottom line.

In the network industry, some people think it is very boring.

Because the Internet is about innovation, a new company can quickly climb up and directly become a multi-billion or tens of billion-dollar industry, thus firmly pressing those century-old companies underneath... Such things are the Internet. It happens frequently in the industry, and it is where people are very fascinated.

But it is not.

Companies in the Internet industry often climb high and fall severely.

For example, the Nortel Networks in front of us, and the previous ones, are not all such representatives?

Therefore, many truly talented engineers are unwilling to work in such a company that suddenly sprang up, because if the work is unstable, it will greatly affect their product development and technical updates.

Therefore, in Silicon Valley, in the technology network industry, companies such as Microsoft, EBAY, Oracle, Apple, Nokia, and Motorola are the companies that people like to go to most.

Fairy’s momentum is very strong. In the United States, Mingxiang holds the North American laboratory, but the problem is that it is a Chinese company, not an American company. Coupled with its establishment and soon, it will naturally lose out emotionally.

Therefore, even if the overall conditions are very good, the Fairy Company wants to compete with these companies. At most, everyone is sitting in a row, and one family gets a little talent.

But Xiao Qi has great ambitions for the talents of Nortel Networks.

There are more than 1,000 engineers in various industries that he just likes, which is more than 30 of the total number of Nortel Networks engineers.

Don't doubt that at the peak of Nortel Networks, the number of employees directly exceeded 90,000. After several layoffs, the core engineers still stayed.

Moreover, one of the important reasons for the serious losses of Nortel Networks in recent years is that the salaries of this group of engineers are too high. Nortel Networks is completely unable to make ends meet just by paying their salaries and the expenditures of the projects they designed. .

Xiao Qi is not afraid that he cannot support so many engineers. He is afraid that he will not be able to recruit enough people to develop his own 4G and 5G networks and continue research and development in the field of telecommunications such as optical fiber transmission.

Therefore, Xiao Qi thought of a way. Before he came to the United States, he had already contacted the senior officials of Nortel Networks.

When it was just sold out here, Xiao Qi turned around and asked Zhou Bo to announce an agreement with Nortel Networks.

"After the approval of the board of directors of Nortel Networks, the Fairy Company will contact Nortel Networks engineers and strive to reach a recruitment intention. 》

Looking at this announced agreement, countless people were a little dazed.

strange?

Why do you still need the approval of Nortel Networks' board of directors when you hire engineers?

Besides, you can't help being so blatantly poaching so early now?

Nortel Networks will go bankrupt within two months at most, don't you need to be so impatient?

After the second announcement, many people were even more puzzled.

"Fairy Company strictly abides by the laws of the United States, Canada and other countries. For all Nortel Networks engineers who have signed a work contract with Fairy Company, Fairy Company will compensate Nortel Networks for the resignation of engineers in accordance with the negotiation agreement with Nortel Networks. 》

Digging corners to lose money is a normal rule in various companies.

But the question is, is Xiao Qi unclearly sending money to Nortel Networks?

Is it necessary for a Nortel Networks that is about to go bankrupt to give them face like this?

With the strength of the fairy company, are you afraid that after Nortel Networks goes bankrupt, it won't be able to attract outstanding engineers?

In other words, Xiao Qi is stupid?

...

Everyone was very puzzled, and they couldn't guess why Xiao Qi wasted money so much.

Even the engineers of Nortel Networks are somewhat inexplicable.

Many people have had contact with the North American laboratory of Mingxiang Holdings of the Fairy Company, and many people are considering working there, but what is Xiao Qi's fanfare for?

However, a post by an engineer appeared on Nortel’s internal staff forum.

"Nortel Networks will eventually go bankrupt. For this company that has carried my youth and career for many years, I dare not say how much feelings I have, but at the moment of leaving, I still feel hard to give up. I hope to do something for it. What, but I found that I can't do anything, this decadence has been haunting me for a long time.

But today, Director Tom came to talk to me and said that he would leave Nortel Networks, but instead of waiting for Nortel Networks to go bankrupt, he agreed to go to the Fairy Company’s Mingxiang Holdings North America Laboratory in the form of poaching. I was very surprised to ask him why. Director Tom said that he had to pay Nortel Networks some compensation if he was hired by Fairy Company. Although not much, it was the last thing he could do for Nortel Networks.

Of course, he can also wait until Nortel Networks goes bankrupt, so that he has a lot of options. For example, He is eyeing him, and the conditions offered are no worse than Fairy Company. But he asked, only Fairy Company can give compensation for digging corners.

Director Tom said that coupled with the days of Northern Electronics, the predecessor of Nortel Networks, he has been at Nortel Networks for 30 years and has been working here since graduating from high school. It also depends on the salary provided by Nortel Networks to marry a wife and have children, and the family leads a happy life. Being a human being cannot forget his roots. Although he also has to work hard, he is willing to pull Nortel Networks when he can, even if he knows that the effect is not great.

I was crying. I never knew that I was so weak, but thinking about the eight years I entered Nortel Networks, it was almost as soon as the development of Nortel Networks turned to the weakening and closing down, and the days occupied An important part of my life. My powerlessness before was because I couldn't do anything for it, but thinking that I have this opportunity, why can't I do my last job? ..."

Looking at this post, countless Nortel Networks engineers all shed tears.

The emotions mentioned in the post have hit the softest part of their hearts.

Fly away in the face of disaster, of course, is a necessary rule in the workplace, but people are not grass and trees, who can be ruthless?

Scenes of the past have appeared scene after scene~www.readwn.com~Unconsciously excited, sad, happy, sad...All kinds of emotions are different, but the common thing is the reluctance and nostalgia for the upcoming departure.

"That's it! I originally decided to go to Microsoft, but I like Mr. Xiao Qi's approach, and I am willing to learn from Director Tom, so I decided to sign a contract with Fairy Company!"

"Me too! For so many years, watching Nortel Networks step by step into the abyss, I can do nothing, it makes me very ashamed. Since going to the Fairy Company is no different from Motorola, then I will choose Fairy Company."

"Forget it, I don't know how much compensation I can get for Nortel Networks, but it is better than nothing, so be it!"

"Isn't this embarrassing me? I have already agreed to Nokia! Nokia's contract is more suitable for me than Fairy Company... What should I do?"

"Hesitate, go and ask Nokia, if they are willing to do like Xiao Qi, then you go to Nokia, otherwise they won't go! Anyway, I don't go to Apple, so what about high salaries? I have to be moral! "

"..." R1152