Henry soon sent a team to Britain to buy psion.
Psion company was founded very early, committed to the development of mobile phone system, its idea is to design a simple and practical mobile phone operating system! However, before the mobile phone was expensive and the market was not big, psion could not make a few money, and even had the risk of losing money!
At that time, most mobile phone manufacturers were using their own mobile phone systems. Psion company wanted to make money from mobile phone systems, which was too difficult! The reason why psion company can develop is that the PDA (handheld computer) developed by the company enjoys a high reputation in Europe! However, they are all imitating Apple's products, but now Apple's PDA product Apple Newton has not come out, and psion can't find the target of plagiarism, so it's a bit miserable
Apple Newton is the first PDA in the world. Its chip is designed by arm company! Therefore, Henry has a certain understanding of the development progress of Apple Newton! About two-thirds of the development of Apple Newton products has been completed. This year, the development will be completed and all the testing work will be completed. Next year, mass production will be possible!
However, because Newton can't find its position in the market and its demand is low, or its products are too advanced, it brings apple to the abyss of bankruptcy!
After Henry's negotiation team arrived in the UK, they had more than two weeks of negotiation with David Porter, founder of psion! David Porter is determined not to sell the company, but willing to accept financing!
David Porter is a smart Englishman. He expects that there will be more and more people using mobile phones in the future, and the mobile phone market will be very huge. If psion company insists on the development of mobile phone system, it will be successful!!!
Henry asked the negotiator, "how much money is psion willing to accept? How much will I hold? "
"Raise $5 million, hold 30%!" The negotiator added, "if the financing is successful, Mr. Williams, you will be the largest shareholder of psion! And founder David Porter's share is only 25%, and he is the second largest shareholder! And psion has eight shareholders, big and small! In addition, the company is not listed yet! "
When Henry heard this, he could not help frowning and pondering. He was thinking about whether to take absolute control of the company. After a while, he asked, "is psion not willing to accept more financing? I think it's better to take absolute control of the company! "
"I'm afraid that's hard, Mr. Williams! They think that five million dollars is enough for the time being! Of course, it's just an excuse. Who would think that money is too much? The main reason is that the management of psion company thinks that it has given us a lot of 30% shares. They don't want us to get more shares, and then control the development of the company
Henry eyebrows a twist, disdain way: "I don't control the development of the company, it can develop fast!"
The negotiator over there quickly complimented: "of course, Mr. Williams, your ability. Who in the world doesn't know that psion company can develop rapidly under your wise leadership!"
Henry turns a deaf ear to flattery. He is thinking about the pros and cons. There are big problems with the Symbian system architecture, such as the incompatibility of multi platform third-party software. In addition, every time the Symbian system is updated, the third-party software of the two Symbian systems is incompatible. The software developer must re develop the software for each Symbian system. In this case, the third-party software company developed on Symbian has to spend more manpower and material resources, thus increasing the extra cost!
Third party software companies who are willing to always pay more money?
Symbian has found these problems, but unfortunately, they can't be solved!
The system is like that. How to fix it?
So, after Apple's Apple Store came out, the third-party software companies shifted their positions one after another!!!
Symbian's shortcomings are far more than these. If psion agrees to be acquired, Henry may make people make great efforts to improve the system kernel at the initial stage of the system, and he will put forward more suggestions in the future development process. However, psion is obviously unwilling to be acquired and missed an opportunity!
However, it will take a lot of time to change it. Henry thought, come on, don't change at all, just follow the original Symbian system development direction, just in line with the needs of this era, and then wait for the end of Apple's system!
And I can make money by using Symbian system to make mobile phones. Symbian system has low cost, does not need any high configuration, and the machine can also move. Now the hardware level is just not so good! On the contrary, I have to develop a more advanced system, which may be too advanced, and the hardware conditions may not keep up with
If you fail to take the absolute control of psion, it will be sooner or later that Symbian will be authorized. In addition, the management of the company will definitely attract more shareholders, thus diluting your shares. For example, new shareholders may include Nokia, Ericsson, Motorola
And own shares psion company, also can get Symbian system authorization!
Since we all have Symbian system, what we are fighting for is strength, and we can seize the market by our own ability!
And you can cheat and design some classic models, but they don't sell well?! Who can beat himself? In addition, apple is going to die in a few years. It can just buy it, and then focus on the development of Apple system. At the same time, it also develops capacitive screen, multi touch and touch interaction specification. When everything is ready, it will sell the shares of Symbian system to Nokia and other companies, killing them!
When the time comes, I will launch Apple mobile phone and kill all mobile phones immediately!!!
Henry thought about it carefully, and finally gave the order to the negotiators: "you tell them that I agree with their request, and I am willing to raise $10 million, and only take 30% of psion's shares!"
"Mr. Williams, five million will get 30% of the shares!" After listening to Henry's words, the negotiator was slightly stunned and then reminded.
"I know that, but I have only one request for five million dollars more," said Henry Halton. "I hope the mobile phone system they developed can be licensed to the mobile phone manufacturing company under my name for free. Remember, including the new system of each generation! Well, I think they will definitely propose a fixed number of years. They can agree to more than five years! "
"Yes, I remember!"
"Well!" As soon as Henry wanted to hang up, he suddenly remembered something and said, "by the way, I suggest they change the name of the company to Symbian, and the mobile phone system is called Symbian. If they don't want to, it doesn't matter. I don't demand it! "
"All right!"
The negotiator came to psion company with Henry's order. After he relayed Henry's words, people were very surprised. In particular, Henry raised $10 million and only took 30% of the shares plus the free system authorization request!
David Porter and others discussed for a while, then agreed with a smile! Henry is a major shareholder, and now he is investing another five million dollars. It's right to ask for more!
"After our discussion, we decided to agree to Henry Williams' request! However, the free period is only five years David Porter said.
"Well, five years is five years! Oh, by the way, Mr. David Porter, Mr. Williams suggested changing the name of psion company to Symbian company, and developing a mobile phone system called Symbian system. Would you mind? "
"Oh, no problem, the company just changed its name!" David Porter thought about it and replied with a smile.
"Well, that's good!"
After that, the two sides quickly signed a financing agreement, which specifically stated a requirement that Henry was the largest shareholder, with an additional $5 million. Therefore, within five years, Symbian will license every generation of Symbian system to the mobile phone company established by Henry for free!
David Porter and others didn't realize this trap, or they didn't care at all, but they were thinking, no matter how many mobile phones Henry's mobile phone company sold, how many mobile phones it could sell! Ten million? How is it possible to have one million a year!!!
After signing the agreement, the negotiation team quickly left with the agreement!
At this time, David porter asked several company executives and shareholders around him, "hmm? Psion company, oh, no, it should be Saipan company! Don't Henry Williams like this name? The future name of our company will be Symbian company. Hehe, you said, should we hold a press conference to tell the outside media about Mr. Williams' shareholding in our company? "
"Oh, if we hold a press conference, the whole world will know the name of our company!"
David Porter laughs, "yes, that's what I mean!"
"Oh, it seems that our company is busy. Mobile phone manufacturers all over the world will pay attention to us, ha ha..."