Chapter 578

Perhaps seeing Li Feng's intention, Eric timely took out the information already prepared and handed it to Li Feng and said, "boss, look, Sybase has had a lot of trouble recently. I think this is our best opportunity."

"OK, let me see..." seeing that Eric is ready, Li Feng couldn't help laughing and taking the documents back.

"Boss, the benefits of acquiring a database company are not mentioned. First, the future development of the company is inseparable from the support of large database companies. If we have our own database company, it is naturally the best. In this way, at least one thing can be guaranteed to make our database data more secure.

We have also established an independent network security company before. If we have our own database support, the security level of the security company can be improved by at least 1-2 levels.

Finally, I am also optimistic about Sybase database company. Apart from others, it is only an investment. In my opinion, it is also a good investment opportunity. Sybase company itself has proved itself in the market and has opened up its territory in the global market.

Although the recent Sybase company is in great trouble due to environmental factors, in the long run, the future database market can not be underestimated. "

"Sybase has a lot of trouble." Looking at the data, Li Feng sighed.

"Ha ha... Boss, in fact, I have contacted John Cheng, the CEO of Sybase now. Perhaps I have to thank boss for your Chinese descent. The CEO in trouble does not object to our proposed M & a plan, and I personally am optimistic about John Cheng's reform in Sybase."

Perhaps this is the commonality between excellent managers. Eric is in favor of Sybase's current layoffs and other measures.

"John Cheng, are you Chinese again?" Looking at the information in his hand, Li Feng couldn't help saying to himself.

……

Yes, Li Feng didn't expect to see a top Chinese American talent again. John Cheng, who has just joined the company to become the CEO of Sybase, has a Chinese name of Cheng shouzong. He is a Chinese American left after studying in Hong Kong.

Previously, he was the president and CEO of the computer business department of Siemens Lido rich open enterprise, a business department that controls and manages a turnover of more than US $3 billion.

This year, it was just dug up by Sybase company and became the president and CEO of the company. I hope to get rid of the current plight of Sybase company. At present, database companies are facing huge losses every year.

The first fire after Cheng shouzong took office was layoffs. Well, in the face of large-scale layoffs, employees naturally aroused resistance and even demonstrations. Recently, Cheng shouzong and Sybase company are facing such problems that need to be solved urgently.

It's not normal for companies to lay off employees. There are too many news about layoffs in large companies in previous lives, and it's not said that employees of any company will rally to resist. In Li Feng's opinion, Cheng shouzong's Chinese identity is there, and his mind of racial discrimination is at work. In fact, white people in the United States can't see Cheng shouzong from the bottom of their heart.

Cheng shouzong, a famous Chinese American talent manager in Silicon Valley, well, Li Feng is ignorant and has never heard of it in his previous life, but in fact, Cheng shouzong is indeed a top management talent.

……

After Cheng shouzong became the CEO of Sybase company in his previous life, he directly began to lay off staff. In the next year, he led the company to comprehensively adjust the market, establish a long-term and tested team, quickly turn losses into profits, and successfully became the chairman of Sybase company in 1998. Since the successful layoff, he immediately led the company to achieve profits for several consecutive quarters.

Later, as the database became more and more valued by government departments and companies around the world, Sybase naturally became more and more prosperous. Later, with the acquisition of the company, Cheng shouzong later became the CEO of the famous BlackBerry company, and Cheng shouzong's salary even exceeded US $100 million, becoming one of the top CEO representatives in the world.

In addition to his achievements in business management, he was also a director of other large companies and a member of some organizations, such as the hundred people's Association. Later, he became the president of the hundred people's Association, a famous think-tank.

In short, this is indeed an outstanding enterprise management talent even in the United States.

Of course, at this time, Cheng shouzong was indeed in the most difficult period. When he joined Sybase company, there began to be voices against him, including the board of directors. In addition, there were more and more voices against him under the company, and the pressure was conceivable.

Similarly, this also creates conditions for Li Feng to acquire Sybase. Now it is the best time to acquire. If others develop smoothly, where will Li Feng have the opportunity.

Li Feng naturally didn't want to miss such an opportunity and began to discuss the acquisition with Eric.

......

The next day, Eric launched an offer to Sybase on behalf of Li Feng's Skynet technology group, which aroused a heated debate in Silicon Valley.

If the acquisition is completed, Sybase will still maintain independent operation. Naturally, Skynet technology is still empty. Therefore, Li Feng has prepared two personal funds to participate to ensure sufficient acquisition funds.

With the acquisition offer initiated by Tianwang technology, there are also surging waves in Sybase at this time. Originally, the board of directors consisted of two factions. One naturally believes in the new CEO and hopes to maintain the company's plans implemented by Cheng shouzong, such as layoffs;

Another group is naturally the opposition, which opposes Cheng shouzong's development plan for the company. At present, the most intense nature is that the internal employees of the company are floating about layoffs.

Similarly, in the face of the sudden takeover offer, internal opinions are inconsistent again. Some are indifferent, some are in favor of and hope to leave with money, and others naturally hope that the company will remain unchanged.

"John, as CEO of the company, what do you think of this acquisition?" In the company's board of directors, mark Hoffman, one of the founders of the former Sybase company, asked Cheng shouzong.

"As a CEO and a new CEO, I naturally don't want the company to be acquired. According to my plan, layoffs have begun. I believe that through layoffs and strengthening our professional team construction, the company's products are competitive and I am confident to make profits as soon as possible."

Although Cheng shouzong talked with Eric and agreed to be acquired, he still has professional ethics in the position of CEO. In fact, Cheng shouzong is opposed to being acquired from his heart. He was acquired as soon as he took office, which shows his incompetence as CEO.

"John, don't forget that the employees you laid off are protesting. Sybase has now become the focus of Emeryville, but this focus is not a good reputation." One director on the board retorted directly.

……

"Mark and Robert, please believe me, the downturn of Sybase company is temporary. According to the current development trend of computer IT industry, our own excellent products will quickly turn losses into profits through our efforts." Cheng shouzong didn't respond to the ridicule of his directors, but said to the two founders of the company.

"John, we naturally believe you, otherwise we won't find you as CEO. However, at present, there are different opinions in the board of directors. When do you think the company can make a profit?"

"Mark, Robert, I don't think any one can guarantee. I can only say that I hope it will be realized as soon as possible. However, according to my prediction, it should be profitable from this quarter, hoping to reach the expected $20 million."

"What's the use of that? Even so, the annual profit may be less than US $100 million, but now our son of fortune is directly purchased at the market value of US $1 billion. I believe it may be higher after some negotiation." Once again, a director raised his objection.

At this time, many minority shareholders in the board of directors are actually excited.

Yes, you've made a profit. It's less than $100 million a year. How much is the dividend. If it is directly acquired, it will be a lot of money, even if 1% of the shares have 10 million, not to mention maybe more.

"There are different opinions in the board of directors. However, John, we hope you can try to contact there and talk about it first. However, we can compromise and not buy all the shares.

We can keep some shares and sell some. Shareholders can choose whether they are willing to sell their shares. In principle, we have no objection. "

"OK, in that case, I'll follow the board's instructions." Cheng shouzong saw that the two founders had said so, so he had nothing to say and responded directly.

……

Similarly, the negotiation of Sybase's board of directors also means that the acquisition can be officially started.