Few people like to buy a product outright, since electronic products are updated and replaced too quickly, with a normal cycle of three to five years before new products are launched.
Two billion pounds is indeed an outrageous price. Whether we buy it or not is irrelevant, but every product has a price. A higher price reflects our recognition of their product, and we can raise the price even higher in the future without any psychological burden.
But Xing Baohua insisted on taking control. However, this warehouse had over a dozen technicians, and their shares alone weren't worth two billion pounds sterling, not even two million pounds sterling.
The real value lies in the product itself.
Everyone in the Eagle Kingdom knows that Xing Baohua made money. Even though he didn't close his positions, it's still money! The Sun newspaper said that Xing Baohua made 10 billion US dollars. Asking for 2 billion wouldn't be unreasonable at all. Anyway, this money seems to come out of nowhere.
Xing Baohua held up two fingers and said, "I will only give you 20 million pounds sterling."
No sooner had these words been spoken than the minority shareholders shouted anxiously and even angrily, "Impossible! Absolutely impossible!"
"Our shareholding cannot be that low..."
Hearing their shouts and yells, Xing Baohua turned her head to the side, as if to avoid their noise.
Twenty million pounds sterling is a lot. The company's true value hasn't been fully realized yet. It's called ACOM for now. Once it's renamed ARM and named after their chips, asking for 200 million pounds sterling would be more reasonable.
After all, the market value only comes out after the IPO, and SoftBank spent a lot of effort and $32 billion to acquire a controlling stake.
Twenty million is already an overvaluation, what more do you want?
The shareholders craned their necks and yelled at Xing Baohua. Chris Curry clapped his hands to quiet them down, then looked at Xing Baohua with a serious expression and asked, "Mr. Xing, given our significant differences, I would like to suspend the discussions."
"Twenty million British pounds, I only want 51% of the shares, the rest you can distribute among yourselves. And I've only said half of what I wanted to say. Listen to my other terms," Xing Baohua said.
“Then, please go ahead.” Chris Curry gestured for him to begin.
"After I gain control of ACOM, I will increase my investment. This investment is not considered a share expansion. It is a gift from me as the major shareholder to improve your working environment. At the same time, I will use my rights as the major shareholder to sign a series of licensing agreements with my wafer fab, allowing my wafer fab to produce RAM series chips. The licensing price will be 5% for three or five years, and it is not an exclusive license. It can be licensed to other semiconductor companies."
Xing Baohua's words silenced the chattering shareholders.
Hauser, with his arms crossed, also looked at Xing Baohua, wondering why this guy would spend 20 million to buy 51%. The terms seemed good, but something just didn't seem right.
Chris Curry whispered to Hauser, "If we get a million dollars from his 5% wafer fab license, he'll make $510,000."
The voice was very soft, but many shareholders heard it immediately. They had been shouting in a hurry and hadn't really listened to what Xing Baohua was saying. Now they realized how shrewd he was. He spent 20 million, and in a few years he would earn it back with his own money and get a chip design company for free.
How does he feel about such a good thing?
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