Chapter 608 Depressed Microsoft President
Lin Feng was very surprised. He did not expect to receive a sudden call from Steve Ballmer, the president of Microsoft, and Steve Ballmer extremely cautiously asked Lin Feng for an interview.
Later, the two made an appointment to meet at a coffee shop in San Francisco. After a brief exchange of greetings, the two got straight to the point.
"Mr. Ballmer, what do you want me to do?" Lin Feng asked directly.
"Mr. Lin, our company is very interested in the 'avenue-a' company you control, and has acquired 20% of the shares circulating in the market. I wonder if Mr. Lin is willing to transfer 51% of the shares in your hands. This is our acquisition.
Plan, I believe the price will make Mr. Lin very satisfied." Ballmer smiled and handed Lin Feng a contract.
Lin Feng was slightly surprised. He didn't expect that Microsoft wanted to acquire his own company, 'Avenue-A'. 'Avenue-A' was an Internet company that Lin Feng invested in last year following Abby Cohen's advice, with a price of US$180 million.
Price acquired 51% of 'avenue-a' equity. After the acquisition, 'avenue-a' company has been renamed "aquantive", and its main business is to plan and implement Internet-based advertising services for many companies in the United States.
Lin Feng can also understand that Microsoft wants to acquire its own "aquantive" company. Now that the influence of "Google" is becoming increasingly significant, the services it provides are relied on by almost all Internet users. In the future Internet era, "Google" is bound to
Impact on Microsoft's status. Microsoft is now preparing for a rainy day, and it is reasonable to want to acquire its own "aquantive".
Lin Feng took the contract with a smile, opened it, and was slightly shocked when he saw the terms of the acquisition. Microsoft is such a big deal!
The current share price of "aquantive" is US$19 per share, but the purchase price proposed by Microsoft is more than double that, and it is willing to acquire 51% of Lin Feng's shares at US$39 per share.
The total share capital of "aquantive" is 100 million shares. Lin Feng owns 51% of the shares, which is 51 million shares. Microsoft purchased it at US$39 per share, which is US$1.989 billion. In one year, Lin Feng's original US$180 million
The investment has doubled 10 times.
"Mr. Ballmer, Microsoft is such a generous person." Lin Feng finished reading carefully and checked all the terms before saying with a smile.
Steve Ballmer smiled faintly. The reason why Microsoft was willing to acquire "aquantive" at twice the price was because it had no choice. After entering the Internet era, Microsoft made at least two mistakes. First, it missed the MP3 market.
, which made Lin Feng's "Phantom" and "Apple's" iPod make a lot of money. Although Microsoft and Lin Feng later cooperated to promote the WMA format, there is a certain gap between the sound quality of the WMA format and MP3.
So far, it is just an embarrassing situation of being half popular but not popular.
But it is still acceptable for Microsoft to miss the MP3 market. What Microsoft really cannot accept is that it underestimated the potential of the search engine market and the impact of the Internet. It directly sat back and watched the rise of "Google" and followed the current development of the global Internet.
, and the ambition shown by "Google" will be enough to shake Microsoft's position in the IT industry in the future. This is not allowed by Microsoft. Microsoft must start to clamp down on "Google" as soon as possible to ensure its absolute position.
What's more, the profits from Internet search engine advertising are enough to make any company jealous. As for "aquantive" companies, their business and customer resources in this area are what Microsoft values. As for the acquisition at a price of US$39 per share, this is what Microsoft has repeatedly said.
measured.
First, Lin Feng has absolute controlling rights. No matter how Microsoft acquires it, how it announces various rumors, or how the stock price of "aquantive" fluctuates, Lin Feng can stay still and wait and see. Therefore, Microsoft wants to acquire a fully controlled company.
The price the company has paid is huge.
Second, it is because of "Google". The strong rise of "Google" has brought about the "Google Effect". All companies related to "Google" are favored by the industry. For example, the "aquantive" company controlled by Lam Feng
In this way, under the shadow of the Internet bubble, the stock price rose from 3 yuan to 19 yuan today, and will continue to rise in the future. Therefore, Microsoft also had to come up with a purchase price of 39 yuan.
Third, Lin Feng is too rich. Lin Feng’s personal assets are second only to Bill Gates and Buffett. If the purchase price is too low, there is no way to impress Lin Feng. For Lin Feng, this “aquantive” is in his hand.
It's good to make money slowly, since Lin Feng is not short of money anyway.
Therefore, after careful analysis, Microsoft's acquisition department set an acquisition price of US$39. This was enough to represent Microsoft's sincerity and should also impress Lin Feng. Therefore, Steve Ballmer drank coffee with great confidence and waited.
Lin Feng nodded in agreement.
Unexpectedly, what made Steve Ballmer depressed was that after Lin Feng read the contract, he actually followed his example, sitting on the Diaoyutai, silently sipping coffee and remaining silent. This made Steve Ballmer depressed.
Originally, he thought that Lin Feng would be a little excited, and then happily agree to transfer the "aquantive" shares, and then he would show contempt for Lin Feng, the world's third richest person who has suddenly risen recently. After all, he made nearly 100,000 yuan in an instant.
2 billion US dollars, Steve Ballmer believes that everyone will be happy. Who would have expected that Lin Feng would be so calm, as if this is not a contract worth 2 billion US dollars, but a contract worth 20 US dollars.
Wait a minute! - Although Steve Ballmer is very itchy and wants to know what Lin Feng thinks. After all, this "aquantive" is related to a more important "sharp weapon" for Microsoft to fight against "Google" in the future, so
But he couldn't show too much impatience, lest Lin Feng take this opportunity to raise the price.
Be indifferent, you must be indifferent. - Steve Ballmer kept telling himself in his heart that he must not be impatient.
This is the case in negotiations, whoever is calmer will have the upper hand.
Unexpectedly, after finishing three cups of coffee, the time had already changed from 2pm to almost 4pm. The two of us were already here, one sip and one sip, silently sipping the coffee, as if they were extremely leisurely retirees sitting here enjoying the scenery of San Francisco.
Sunshine, savoring wasted life.
Steve Ballmer looked at his watch and cried in his heart. These two hours were in vain. He sat here for two hours. He is a big shot with hundreds of thousands of dollars per minute, but he sat here and drank two in vain.
hour coffee.
Are you just so leisurely, do you have so much time to waste? - Steve Ballmer glanced at Lin Feng speechlessly and hatefully. He didn't understand, what are you sitting here hesitating for these two hours?
The conditions are good enough. Also, Lin Feng is also the third richest man in the world. How can he only have so much time?
When it comes to time, this is something that a top wage earner like Steve Ballmer doesn't understand. As the president of Microsoft, he is naturally busy with everything, so wasting these 2 hours is a bit like a crime. But if it were someone from the Microsoft empire,
Founder Bill Gates is sitting here, let alone 2 hours, it is 2 days. Bill Gates also has time to accompany Lin Fengmo slowly. After all, employees naturally do the work, and the boss is only responsible for making money. It is a pity that Bill Gates
Ci is not good at negotiation, he is good at software design.
This is the difference between a boss and an employee. Therefore, in the end, Steve Ballmer couldn't stand it anymore. He could no longer persist and had no choice but to break the deadlock.
"Mr. Lin, it's been 2 hours, 1 minute and 25 seconds. Have you thought about it?" Steve Ballmer looked at his watch, pressed the time and said to Lin Feng.
Lin Feng smiled faintly.
In the past two hours, Lin Feng was not really competing with Steve Ballmer for his "internal skills", but was thinking about the benefits that this contract could bring to him. Indeed, it is worth US$2 billion on the surface.
Lin Feng is very satisfied with the contract. But Lin Feng believes that this contract can also bring him other gains.
Microsoft wants to acquire "aquantive" in order to compete with "Google's" "Dynamic Advertising Reporting and Targeting" technology. Of course, Microsoft can also do its own research. The technical aspects are not a problem, but it takes too much time and energy, and everything has to be started all over again.
In the beginning, it may not be able to occupy the market in the end. It is better to acquire existing companies with similar technologies. Lin Feng's "aquantive" is currently the most powerful and market-oriented company in the market except "Google".
Since it is a "sharp weapon" used by Microsoft to fight against "Google", Lin Feng wonders whether he can use this contract to put pressure on "Google" to satisfy his desire to successfully finance "Google". What's more, Microsoft is so urgently in need of "Google"
aquantive", Lin Feng naturally would not transfer it at the price of 39 US dollars.
Bargaining is the most common behavior in the business world, so Lin Feng naturally wants to bargain with him to obtain the maximum benefit for himself.
"Mr. Ballmer, your price of US$39 is very attractive," Lin Fengxiao said.
Steve Ballmer had a slightly looking down expression on his face. This is Microsoft. As long as Microsoft likes something, it will definitely succeed. Unexpectedly, Lin Feng's next words made Steve Ballmer unable to remain calm.
And demeanor.
"But I think the price is too low. I will sell 'aquantive' only if it costs at least 50 US dollars per share." Lin Feng looked at Steve Ballmer with a smile.
"What! Fifty dollars a share? Mr. Lin, are you kidding!" Steve Ballmer yelled.
The current price of "aquantive" company is US$19, and Lin Feng actually asked for a transfer price of US$50. This is outrageous. If Lin Feng's price is used, Microsoft will have to spend at least US$2.55 billion to acquire the 51 "aquantive" company from Lin Feng.
% equity. But they previously acquired 20% of the outstanding shares, but only spent US$380 million.
Chapter completed!