We are all reborn, who wants to be the richest man?

Welch's week-long trip to New York ended, and the news he brought back made Luo Nianzhong very satisfied.

"31 billion US dollars, Wall Street is still as greedy as ever."

Wall Street agreed to Far East Laboratory's acquisition of Bell Labs, but also quoted a staggering price.

You should know that Alcatel's acquisition of Lucent, which owns Bell Labs, was only for over 10 billion US dollars.

But that was in a long time ago. At this point in time, this amount of money would only be worth about 70 to 80 billion US dollars.

Moreover, Lucent’s most important asset is not Bell Labs, but its channels, markets, and brand value.

"Greed is the original sin, otherwise we wouldn't have gotten this goose that lays golden eggs, right?"

Welch knew what Luo Nianzhong was thinking, so he felt that the $31 billion deal was great value for money.

You should know that as soon as this news came out, AT&T Group's stock price began to rise wildly, and everyone said that Far East Group had been fooled.

Since they already had the Far East Laboratory, one of the best laboratories in the world, there was no need for them to spend huge sums of money to acquire Bell Labs.

Even if you are interested in the talents of Bell Labs, you can dig them out, but many important patents of Bell Labs have either expired or are about to expire.

The patent protection period in the United States is twenty years, and the design patent is shorter at fifteen years.

The longest is the patent for medical and food, which is also twenty years, but can be extended for five years. However, it is only for those applied for after 1995.

Because of Pfizer Bristol-Myers Squibb, the pharmaceutical industry entered the era of large mergers and acquisitions ahead of schedule.

The industry has basically stabilized. What we need to do next is to consolidate our position and interests. We do not want more disruptors to come in.

So in 93, international pharmaceutical giants held a meeting in Haojiang, referred to as the Haojiang Conference. Many rules were formulated, one of which was to put pressure on governments to extend the patent protection period.

The United States passed a law last year that allows medical patents applied for since 1995 to be extended for five years after expiration.

Now European countries have basically completed lobbying, and the bill will be introduced in the next one or two years.

Another point is the price.

Luo Nianzhong didn’t know about other places, but the price of drugs in Hong Kong Island has increased by an average of 28% in the past year and a half since the Macau Conference.

Back to Bell Labs, many of its top patents have basically passed their protection period, such as semiconductor-related patents.

So many people said that there was no need for Far Eastern Group to spend so much money to acquire Bell Labs. Fortunately, Far Eastern Group is not a listed company, otherwise its stock price might have fallen.

"Those guys didn't go to Bell Labs?"

Photovoltaics, monocrystalline silicon photovoltaics were created by Bell Labs. Far East set up this scheme and strongly demanded to acquire Bell Labs. Everyone thought there was something fishy going on, which made people feel like a cuckoo occupying the magpie's nest.

"Yes, I went with them on the tour."

He personally poured a cup of tea for Luo Nianzhong, and Welch took a sip without putting down the cup.

"It seems that Warsteiner has made up his mind to leave, and Professor Winston has been convinced by him.

You don’t know that when people on Wall Street learned that Bell Labs’ photovoltaic research and development progress could only convert 8% of the efficiency, their faces turned green.

You know, they invented this first, but we overtook them."

"Overtaking on a curve?"

"That's right," Welch nodded. "Those people thought we were developing the technology based on Bell Labs' research and development. They wanted to acquire Bell Labs because they wanted to hold a large number of patents in their own hands."

Welch paused at this point.

"Before I came back, I contacted Warsteiner and he told me that he had asked the researchers at Bell Labs, and almost 30% of them expressed their willingness to work in Hong Kong Island, and most of them were industry giants."

"So many?" Luo Nianzhong couldn't help but exclaimed. In his opinion, it would be good to have about 15% of the scientific researchers come.

"Walsteiner told me that Far East Group's headquarters is in Hong Kong Island, and the local R&D funds in Hong Kong Island must be more sufficient."

That’s true. No company will place its core technology research and development in other countries.

It's no wonder that these industry giants are all scholars who want to leave their names in history, and they value funding more than anything else.

"But don't be too happy too soon. They have conditions, said Warsteiner. If you can satisfy them, more people will probably come."

"Tell me about it?" Luo Nianzhong still hopes to see and work hard to attract more top talents to Hong Kong Island.

"First of all, there is the education problem, and you have to solve it for them."

No matter how much these scientific researchers don't care about money, they cannot escape the fact that they are top middle class or wealthy people. For these people, the education of their children is very important.

"There is no problem with that. The education in Hong Kong Island is no worse than that in any other country. The Victoria Education Group is somewhat famous around the world, and it is bilingual education, which can be seamlessly connected."

"Then there's housing. Most of these researchers live in quiet towns, far away from downtown areas. Hong Kong Island is very prosperous, but not all of them like it."

This is understandable, it is actually the generation gap.

This is true not only for Bell Labs, but also for researchers at the Far East Laboratory.

Older people prefer quiet rural life, where they can stay undisturbed and calm their minds.

How did Far East Town and Asian Village come about? Isn't that how they developed?

However, this does not mean that everyone is like this. Many young people prefer to live in the bustling living areas of Hong Kong Island and enjoy the nightlife after get off work.

"I remember there is a large piece of land in Far East Town, right? If they are willing, the group can coordinate with them to build a Bell Town."

"I thought so too. It's some distance away from the downtown area, but not that far. Now buses and light rails have been built there, so the transportation is convenient and the living facilities are also convenient."

Today, Tuen Mun and Yuen Long are the fastest-growing areas in the New Territories. Not only does the number of high-rise buildings rival that of Hong Kong Island and Kowloon, but the transportation is also unmatched.

Compared with the narrow roads on Hong Kong Island, the New Territories have wide roads and many facilities are new and innovative.

Many tourists say that Hong Kong Island is an international metropolis, while Yuen Long and Tuen Mun are the cities of the future.

"The last issue is the family members' employment, which is the most important."

Luo Nianzhong showed a puzzled expression, "Aren't they housewives?"

With the abilities of these women's husbands, these women don't have to work at all.

Don’t talk about economic independence in the West. In fact, many wives of rich men don’t work. Just like in China, their most important job is to take care of their husbands and children.

“Some, but some also have their own jobs.

Among these people, there are doctors, nurses, etc., which are easy to deal with. Chris Hospital is building a branch in the New Territories and can accept them all.

But there are more than a hundred white-collar workers there. It’s easy to handle jobs like assistants, but what about those who are above the supervisor level, many of whom have become middle and senior leaders? "

How many people are there? Not many at all.

More than a hundred equivalent workstations mean nothing to the company's huge Far East network spread all over the world, but the problem is that these people cannot be sent abroad, otherwise it would be meaningless.

In fact, it is easy to solve the problem. Just add more deputy positions in each department.

But Luo Nianzhong and Welch understood that this precedent must not be set. Once it was set, the group would be left with a surplus of staff within a few years.

"Let's count the number of people first, I'll take care of this."

There are some troubles but they are minor matters. If it is suitable, keep it in Far East Group. If it is not suitable, throw it to Si Yahui Group.

The Si Yahui Group is still expanding and is in the process of expanding. Women should also like this field.