Rebirth 2010: I taught Mr. Lei how to make a mobile phone

Chapter 308: Creating Two Records in Three Days
After Chen Mo and his team returned to the company, they reviewed the current situation.

91 Assistant targets Baidu, Alibaba and 360, but 360 should be excluded.

Even though Lao Zhou is jumping around every day, it is impossible for him to spend more than one billion US dollars to acquire a company, unless he wants to sell everything he has.

On the other hand, Baidu now has the option of Bi'an Assistant, which gives it more room for maneuver. Perhaps it will use itself as a shield to bargain with 91 behind the scenes.

As for what choice 91 Assistant will make, will it be unable to withstand the pressure and choose to lower the price?

Will Bi'an Mobile Assistant eventually be sold at the sky-high price of US$18 billion as expected, or will it become a bargaining chip for others?
These are all unknown variables.

After some discussion, Zhou Shouzi reminded,
"Boss, are we really waiting for Baidu's reply? A week is enough time for a lot of things to happen." After all, he had seen too many cases of going back on one's word and breaking one's promise in financing and mergers and acquisitions.

Chen Mo laughed, "I don't like to be passive. I just said that we won't go to other companies, but I didn't stop others from coming to me~"

"Then what?" When Zhou Shouzi saw Chen Tong coming to the meeting room, he roughly understood the boss's idea. Then Chen Mo's series of arrangements made him very excited. This was the right thing to do.

The next day, news of Bi'an executives' visit to Baidu appeared on the Internet, causing various speculations and interpretations from the media and the public.

Subsequently, many rumors about Bi'an and Baidu appeared on the Internet.

What's more, Bi'an had previously had feuds with Tencent and Alibaba, and took the opportunity to win over Baidu as an ally to form alliances.

Bi'an will carry out all-round cooperation with Baidu in the fields of social and gaming.

According to insiders, Baidu Mobile Assistant will merge with Bi'an Mobile Assistant to form a new company
Bi'an may sell its mobile assistant, Baidu is the first to do so.
The above rumors are more effective when combined with the recent news that Baidu wants to acquire 91 Mobile Assistant, Alibaba joins the 91 competition, and 360 contacts 91 Wireless executives.

On the third day, news broke online that senior executives of Tencent's Beijing branch had secretly visited Bi'an's headquarters and that Alibaba had announced its intention to acquire Bi'an's mobile assistant.

It surprised everyone and sparked people's imagination.

It turns out that there are no countless grudges in the world, only eternal interests.

As the only mobile phone assistant in China by market size, the entry of three large manufacturers and one digital manufacturer has made the originally clear surface become turbid and difficult to see or touch.

The first to be affected was 91 Wireless CEO Hu Zemin, who felt that the situation was somewhat out of his original plan and control.

The fisherman benefits from the quarrel between the snipe and the clam, but now it has turned into two peaches killing three warriors. The key is that I only have one peach. What's the point of this?

Especially recently, he had contact with Baidu, and the other party's attitude changed from being impatient to being ambiguous, which made him a little anxious.

Alibaba and Tencent, the last to enter the market, are also like Baidu. In the end, 91 will not choose 360, right? You know, NetDragon has an old grudge against 360.

Two days later, when Hu Zemin received news from his spy that Bi'an was in frequent contact with Baidu, after talking with Chairman Liu Dejian at NetDragon's headquarters, he could no longer sit still and personally took his people to fly from Fujian to Alibaba's headquarters.

You should know that half a month ago, Alibaba, which entered the market later, sent the head of its wireless business to Fujian to discuss the acquisition of 91 Wireless with him in order to show its sincerity.

A few days later, people from Alibaba's investment team were stationed opposite NetDragon, which showed that the other party was serious.

At the climax, Ma personally flew to Beijing to meet with NetDragon chairman Liu Dejian, who was on a business trip. The two sides talked for two hours and the price was negotiated all the way up to US$2 billion.

However, things change unexpectedly. A mobile assistant suddenly appeared and several buyers made a 180-degree turn, which made Hu Zemin and Liu Dejian regret selling 91 Wireless to Alibaba earlier.
But they also know that when competition arises, the company that acts first will take the initiative, while those who act later will easily suffer losses.

Why is NetDragon involved again? NetDragon holds 91% of 57.41 Wireless’s shares, making it the largest shareholder. The remaining 42.59% is held by Richard Li, 91 executives, IDG, Vertex, iGen, and Detong.

On June 6, a piece of news shocked the entire Internet circle.

Alibaba Group announced that it intends to acquire the 91 Wireless business of NetDragon for a total of US$16 billion in cash and stock. The parties concerned have signed a memorandum of understanding. It is reported that Alibaba and NetDragon will further negotiate and reach an agreement on the relevant terms of the acquisition, and finally complete all transactions before August 2012, 8.

Alibaba's acquisition of 91 Wireless has become China's largest Internet company acquisition with the most funds involved to date.

There are even media reports that Alibaba's acquisition of 91 Wireless will provide strong support and assistance for its subsequent entry into the gaming business, and fill the channel link that it has been lacking in the mobile Internet market. Although it seems to be a sky-high price, it will do more good than harm to the overall development of Alibaba Group.

As soon as the news came out, Alibaba’s stock price jumped 3 percentage points.

Baidu could no longer sit still. 91 had already been successfully stolen by Ali. What if Bi'an was secretly colluding with Tengxun and was intercepted by others? It would be a waste of time for Baidu to get up early and catch the late target.

That afternoon, Robin Li personally brought members of the investment department to pay a surprise visit to the Bian'an headquarters. He emphasized that they should be decisive and swift, and the group chatted in the office for the entire afternoon.

That night, Robin Li left the Bi'an headquarters alone, while the investment team members remained at the Bi'an residence.

Three days after Alibaba acquired 91, the record for Internet acquisitions was broken again.

Baidu announced on the same day that it plans to acquire all the businesses of Bi'an Mobile Assistant under Bi'an Technology Group for a total amount of US$18 billion, all in cash. It also announced that Baidu will form a strategic partnership with Bi'an, and the two sides will further cooperate in the fields of search, social networking, games, security, etc.

As soon as the news came out, there was an uproar in the industry, and relevant industry media began to express their feelings on Weibo, while analyzing Baidu's performance after acquiring the Bi'an Mobile Assistant.

Baidu's stock price surged 6% that day, showing that the market is optimistic about Baidu's acquisition of Bi'an Mobile Assistant to enter the wireless business and the marriage between the two.

Some media reports also praised these events.

"Two sky-high acquisitions in three days, the Internet environment is very good"

"113.9 billion in cash VS 101.2 billion in cash plus stocks, Baidu wins this time"

"Records are meant to be broken. The record for the largest Internet acquisition has changed hands"

Tencent: ??? Why am I always the one who gets hurt~

"With a cash flow of over 10 billion, Bi'an has become a well-deserved financial sponsor. The next move may be the key."

The online reports are still somewhat biased towards Tencent.

In fact, Tencent has not been without action during this period, because its own App Store is currently ranked fourth or fifth in the market. If it can take over 91 Assistant or Bi'an Assistant, the combined force will immediately enable it to occupy the position of the distribution leader.

Unfortunately, my entry into the game was over, and my price was not as high as Alibaba’s when competing for 91.

When competing for the assistant on the other side, Teng Xun didn't have cash, and there was also a feud between the two families.

Since the price difference between the two stores is not that big, Chen Mo has no reason to choose Xiao Ma Ge.

When Pony Ma, who was remotely commanding from Hong Kong, saw the news, he immediately ordered a change of direction and approached Innovation Works' Wandoujia to negotiate an acquisition. The first and second ones had no chance, so I took in the third one. If the third and fourth ones joined forces, they might be able to fight.

Then I heard the reply from Wandoujia: Hey, they refused to sell it to me!
As the third largest company, he has offered 10 billion US dollars, but he still refuses to give in. Do you think you are 91 and the other side?

Since you are shameless, I will just call it a day. With this money, I can even create a third person by destroying my own App Store!

In fact, before Baidu acquired Bi'an Mobile Assistant, Chen Mo also mentioned two prerequisites.

First, we will sell our skills but not ourselves, which means that the business of Bi'an Assistant will be sold entirely to Baidu, but none of the team members will be sold.

Second, the Bi'an software ranks high in Baidu Mobile Assistant, second only to Baidu products.

Even so, Robin Li still agreed to these two preconditions, which made the rest of the process a natural outcome.

After the general direction is determined, the remaining things are some trivial matters that can be handled by the people below.

For example, the three-month business migration and handover, the delivery and receipt of funds, etc. were left to Xu Chaojun and Zhou Shouzi to worry about.

I finally sold the Bi'an Mobile Assistant for a good price, I'm happy!
Although Bi'an Mobile Assistant is developing well now, it will only become a useless part of Bi'an's business empire as time goes by. He asked Zhou Shouzi to do a financial forecast, and the value of Bi'an Mobile Assistant to Bi'an is probably between 5 million and 10 billion RMB!
Therefore, Chen Mo was very satisfied that he could sell at a price beyond his expectations at the right time.

Before he could be happy for long, he received a call that made him even happier. It was from the head of the Shenzhen branch of the All-Army Attack.

"What did you say, who resigned?"

"Feng Ji? Okay, keep your attention and wait for me to come over!"

"What are you talking about? Don't act rashly. Let me do it!"

After hanging up the phone, Chen Mo called several department heads and gave them instructions on the work at hand, then he took the earliest flight to Shenzhen.
The person in charge on the other end of the phone was dumbfounded. His original intention was to report the task assigned to him by his boss, and then find someone to take down the guy and be done with it.

This guy named Feng Ji is just a chief planner of the Doupo Cangsheng project team under Tencent, the Interactive Entertainment Division, and the Quantum Studio.

I didn't expect that the big boss would come forward and poach people personally. The gap in status between the two parties is so huge, what virtue does this guy have!
He had heard about Douzhashhen before. Its reputation was terrible and players were complaining about it. There was nothing good about the planning of this game.

If the boss hadn't specifically told him to, he wouldn't even look at it.

In his eyes, the boss personally recruiting people is equivalent to Patriarch Bodhi finding a monkey to be his disciple, but the boss's posture seems like he is going to recruit Sun Wukong.

The boss must have his own intentions for doing this, but quite a few people have left the Douzhanshen project team in recent times. They probably thought the game was not very good and had no future. Bi'an has also recruited some talented people with good technical skills.

There is no point in thinking too much. He began to sort out the information on the core members of the Douzhanshen project team that he had asked someone to collect before. Seeing that the boss attached so much importance to it, he estimated that the boss would ask for it when the time comes.
(End of this chapter)