Xing Baohua's plan to acquire ACOM was quickly made clear to many shareholders.

The company acquired a 51% stake for £20 million, which then directly corresponds to its wafer fab. It collects licensing fees based on market prices, and the chips sold by the wafer fab directly correspond to the DaMi Electronics factory.

This is an internally managed operating model, which reduces the cost of Xing Baohua's chips.

The cost reduction was achieved by taking 51% of the 5% licensing fee from ACOM.

Don't underestimate this 51% figure; when the volume increases, the number becomes quite substantial.

Moreover, Xing Baohua's profits don't just come from wafer fabs; he also owns numerous semiconductor factories worldwide. If they also purchase ARM's patent licenses, Xing Baohua will profit just as much.

So the price of twenty million...

For greedy people, that is indeed too low.

However, ACOM, as a developing company, does need customers and funding. Hauser, the technology's founder, is very optimistic about this funding, believing it can greatly promote their next-generation chip development.

When Xing Baohua saw the shareholders still discussing, he said, "I have cooperated with many semiconductor companies around the world. I can use my network to promote the chips we design."

This statement is like paving the way; Xing Baohua's extensive network is a fact. Manufacturers of computers and mobile phones can't survive without numerous connections in the semiconductor industry.

Small factories might not get any attention, but if you're shipping a lot of rice, suppliers will be begging you. They understand this concept, and finding shareholders isn't just about money; it also means access to more resources.

The minority shareholders have always been concerned about the £20 million figure, feeling it was too little and that Xing Baohua needed to add more.

The two founders also began to discuss the nature of what Xing Baohua had mentioned. One was concerned about the future development of the product, while the other, like the shareholders, wanted to know how much money they could cash out and how much they could get in the future based on their shares.

Today's negotiations came to an end, and Xing Baohua did not return to Greater London, but stayed in this city.

This city is home to one of the most famous universities, Cambridge.

If you're here for leisure or at other times, you can visit, but right now, the security captain advises Xing Baohua not to appear in public.

Because it was uncertain what methods those old nobles would use, the most important thing for safety was to hide.

Gamblers who are desperate to lose are terrifying, let alone those gamblers with a century-old bandit mentality. People who are used to robbing will never change their ingrained nature.

Xing Baohua stayed at the Hilton Hotel, which is undoubtedly the most secure one.

The news of today's negotiations with ACOM's shareholders quickly reached the ears of those old aristocrats, including the price and conditions proposed by Xing Baohua.

In the investment world, using resources to generate profits is all too common. Given Xing Baohua's control over upstream resources, he wouldn't be a true investor if he didn't utilize them.

The plan was good, but unfortunately Xing Baohua only offered 20 million British pounds, which was different from their original plan to devour the enemy.

There are many types of investments, and the approach depends on the individual.

One type is rational investment, using the least amount of money to gamble on a large return. This is also the most common type of venture capital, which uses evaluation methods to squeeze the founders' equity.

In this situation, two conditions need to be met: first, the founder needs money to develop the product; second, the founder's product has not been met with a frenzy of demand, but rather has attracted attention from one or two companies.

Only under these conditions can one acquire a large share of shares with a small investment.

Another scenario is that a company, due to product development, needs the patents of another small company and launches a costly attack.

Either the R&D results are too advanced, or circumventing patents is time-consuming and expensive, so it's better to just buy it, just like Big Fruit Company, which often does this.

The most typical example is the acquisition of the iPad trademark.

Although it's not related to technology, the principle is the same. The reason is that a Chinese company that manufactures monitors was founded in Shenzhen in 1989. Around 2001, it registered the trademark for "iPad" monitors, and simultaneously registered it in multiple countries around the world.

When Big Fruit developed the iPad and began promoting it, they discovered that the trademark had already been registered. They had no choice but to either change the name or buy the trademark.

Knowing Mr. Joe's temperament, he would change the name. So his subordinates used some means to buy it from a subsidiary of this monitor company for 35,000 British pounds.

Headquarters was definitely unwilling, so they decided to go to court! While the lawsuit was in progress, the people from Da Guozi were also making private contact, which meant they wanted to settle out of court, and they had to come up with a price.

Because they couldn't agree on a price, the difference was too large. Moreover, the monitor company saw them as easy targets and started asking for exorbitant prices.

The big fruit couldn't get over this hurdle. Steve Jobs insisted on using the letters "iPad," so he used his overseas influence to suppress the display company in order to obtain the IPAD trademark.

The monitor company is also under some pressure. Although it has suffered some losses in overseas markets, it just can't reach the ideal amount of compensation and just won't budge.

When Big Fruit realized that it couldn't enter the mainland market and sell its products without winning over the other party, it spent 60 million US dollars to acquire global ownership of iPads through court mediation.

This is unavoidable; they see you desperately need it and you have to pay a high price to get the patent or something similar.

Xing Baohua is currently in a situation where he absolutely needs to obtain chips, otherwise he won't have any to use. The pressure from Intel is mounting, leaving Xing Baohua with very difficult choices.

This is the external pressure that the old nobles put on Xing Baohua. You have to compromise on one of them!

Either compromise with the old nobles and end the betting agreement, thus reducing their losses.

My dear reader, there's more to this chapter! Please click the next page to continue reading—even more exciting content awaits!