Chapter 73

There was solemnity on the board of directors of Qualcomm.

Owen Jacobs said with a calm face: "Cisco has given us an ultimatum. We must give them a reply in three days! In addition, Qualcomm has been in a very bad situation recently, and it is said that at & & & T is cooperating with other telecom companies to block us! "

At the end of the speech, everyone looked at each other and talked about it one after another.

"We've just been sued for infringement of rights, and now at & & T is going to block us again?"

"Yes, what should I do?"

Owen Jacobs glanced at the crowd, stood up and said, "I suggest joining Cisco as soon as possible, and then promoting our technology!"

"Jacob, what will Cisco offer us?" One of them asked.

Jacob shook his head and said, "we haven't talked about the details yet, but they promise to maintain the independence of the company after the acquisition of Qualcomm, and the treatment of the company is the same as that of Cisco, enjoying the option award!"

"So far, we have to join Cisco. I agree to join Cisco! " One shareholder said.

"I agree, too!"

“……”

Owen Jacobs looked at the number of votes, and most of them agreed to merge Qualcomm into Cisco, so he said, "OK, we'll have a formal negotiation with Cisco right away."

After the meeting, Owen Jacobs immediately called John Chambers and told him that Qualcomm agreed to merge into Cisco, but the specific conditions still need to be discussed in detail!

John Chambers acted quickly, immediately organized a negotiation team, and the next day he went to meet with Qualcomm.

"Mr. Jacobs, this is our Cisco offer to you!" After John Chambers and his party arrived at the company, they handed the printed documents to Owen Jacobs and other senior executives, and said, "Cisco has invested $100 million in financing the company, holding 70% of the shares. In fact, in today's situation, Qualcomm is not worth 100 million at all, but we are optimistic about its future development, so we are willing to give so much! If you think there is no problem, we can sign the contract immediately! "

Owen Jacobs and others are very shocked by Cisco's offer. If CDMA technology is promoted, Cisco will offer this price, and Qualcomm and others are no exception. But now, it's obvious that there are many difficulties for Qualcomm, and it's really moving that Cisco didn't take advantage of the situation and deliberately lower its valuation!

Owen Jacobs and others did not speak and looked at each other. Before the formal meeting, they had guessed what conditions Cisco would offer to Qualcomm. They believed that the best condition might be to win the controlling stake of Qualcomm with us $50 million. However, Cisco directly offered us $100 million, which shocked everyone!

"Mr. chambers, please allow us to discuss before we make a decision?" Said Owen Jacobs.

John Chambers laughed. "Of course, we'll wait for your news outside." With that, the Cisco team stood up and walked out of the conference room.

After the Cisco team left the room, Owen Jacobs said, "what do you think of the conditions?"

"I think it's very good, but they want 70% of the shares, which is a bit too much!" One of them said.

"I think it's acceptable. If Qualcomm has 100 million dollars, we can develop more advanced technology, and even design our own chips!"

There was a lot of discussion in the conference room.

However, the temptation of US $100 million is not small. In the end, it won by one more vote. Qualcomm decided to agree to Cisco's terms!

Then, Owen Jacobs called in John Chambers and others and said, "Mr chambers, we at Qualcomm have finally decided to agree to Cisco's terms!"

John Chambers was delighted and said with a smile, "in that case, let's sign the contract now!"

"No problem!"

Immediately, Cisco signed a contract with Qualcomm.

The next day, Cisco CEO John Chambers announced: "on the afternoon of February 27, 1990, Cisco formally signed a contract with Qualcomm to invest $100 million in the company, holding 70%!!! Cisco MCI, a subsidiary of Cisco, will build 1008 signal towers in the United States to fully support CDMA technology! "

After the announcement, Cisco immediately invited several world-famous mobile phone manufacturers to participate in Cisco's technology licensing conference one month later!

If CDMA technology wants to become a standard, the attitude of mobile phone manufacturers is very important. If they support it, it will be half done!

After the acquisition of Qualcomm, Henry was relieved. When he had nothing to do, he picked up the newspaper and read it. A piece of news immediately caught his attention!

"On February 20, 1990, apple and British acorn computer company entered into a cooperative relationship. Arm, the chip design department of acorn computer company, will specially design a chip for Apple's Newton!" After reading the news, Henry patted on the forehead. How could he forget arm. Today, acorn computer company has not spun off arm and set up a separate company. But it will be in 1991, so investment should be made as soon as possible!

That makes it possible for Qualcomm to design CDMA chips by acquiring arm!

Think of this, Henry was excited, like to see strippers in front of their own pose, like pole dancing!!!

Ooh! Ooh!!!!!

Henry immediately called CEO Irving Jacobs of Qualcomm (the chairman of the board became Henry of course), "Hello Irving Jacobs, I'm Henry Williams!"

"Oh, Hello, Mr. Williams!"

Henry said solemnly, "Mr. Jacobs, I now suggest that you acquire a chip design department of acorn computer company in the UK. I think that the next step for Qualcomm is to design its own chips."

"Oh, you mean arm? A processor chip specially designed for reduced instruction set

"Yes! Arm has great potential. This kind of reduced instruction set has the characteristics of high efficiency and low power consumption. It is especially suitable for mobile phone chips! For Qualcomm, if it acquired arm, it would be like a tiger adding wings! "

After Henry finished, Owen Jacobs pondered for a moment, and then replied, "Mr. Williams, I'll arrange for someone to go to the UK to buy arm department!"

"Well, that's good! You're busy. I hung up! "

Henry hung up the phone and thought that both Qualcomm and arm have only design departments and no chip factories. It seems that when they have money in the future, they need to set up their own Fabs and production bases!!! And now that we have set foot in the semiconductor industry, we can't let go of the well-known companies in the past, such as amd Chaowei semiconductor company and ATI display chip manufacturer. Of course, there are many, many, many, many, many, many, many, many, many, many, many, many, many, many, many, many, many, many, many, many, many, many, many, many, many, many, many, many, many, many, many, many, many, many, many!

Ha ha, heroes in the world, I have enough（ For recommended tickets, and Book Group: 424930141, welcome to join...)