After finishing the matter in Germany, Bao Zixuan went directly to the UK. This time he had a reason to go. With the rapid development of computers, the development of chips continued to accelerate. During this process, Bao Zixuan provided a lot of help, but Black

The cloud now only occupies a small share; and this share is still low-end chips such as memory, and it can be said that it has made no achievements in terms of CPU.

Currently, Heiyun uses chips from Motorola and Intel, and its own chip design capabilities are very weak. Not only does it not want to expand its development, but it also lacks top engineers in this area.

The purpose of Bao Zixuan's coming to the UK this time was to convince a newly established chip company in the UK to accept his investment, and to be a company that he could control.

On December 5, 1978, physicist Hermann Hauser and engineer Chris Curry founded the CPU Company in Cambridge, England. Their main business was to supply electronic equipment to the local market. In 1979, the CPU Company was renamed Acorn Company.

At first, acorn planned to use Motorola's 16-bit chip, but found that the chip was too slow and too expensive. "A machine that costs 500 pounds cannot use a CPU that costs 100 pounds!" They turned to Intel instead

I asked for the design information of the 80286 chip, but was rejected, so I was forced to develop it myself.

In 1985, Roger Wilson and Steve Furber designed their own first-generation 32-bit, 6MHz processor.

It was used to make a computer with risc instruction set, referred to as arm. This is the origin of the name arm.

The full name of risc is "reduced instruction set computer". The instructions it supports are relatively simple, so it consumes little power and is cheap, especially suitable for mobile devices. A typical early device using ARM chips was Apple's Newton PDA.

In the late 1980s, arm was quickly developed into acorn's desktop product, forming the basis of computer education in the UK.

On November 27, 1990, acorn company was officially reorganized into arm computer company. Apple invested 1.5 million pounds, chip manufacturer vlsi invested 250,000 pounds, and acorn itself invested 1.5 million pounds in intellectual property rights and 12 engineers. The company's office

The location is very simple, just a barn.

In the 1990s, ARM32-bit embedded RISC processors expanded around the world, occupying a leading position in the field of low-power, low-cost and high-performance embedded system applications. ARM neither produces nor sells chips.

Only sell chip technology licenses.

At present, this company is still in the start-up stage, and Bao Zixuan just wants to start before others pay attention to him. And he is not investing in the name of Heiyun, but in his own private name. Although the effect is the same, this way

The black cloud is not particularly big, although it is already very big, but if it can be reduced, it should be reduced accordingly!

When Bao Zixuan came to Cambridge, he saw the two founders of acorn. Hermann Hauser and Chriscurry were also very puzzled as to why Heiyun Group came to them. After all, this is the most popular business in recent years.

Enterprise. And they are still a small company that cannot be smaller. The strength of the two enterprises is completely unequal.

Now they see Heiyun founder Bao Zixuan coming in person, which makes them even more confused. After all, not everyone can make this young boss come forward in person, at least they think that their own strength is not up to it.

Hermann Hauser said excitedly: "I don't know what you want from us, Mr. Bao."

If Bao Zixuan is just an entrepreneur and doesn't get such high respect, he also has the status of being a Turing Award winner. Anyone who is engaged in the computer industry knows the importance of this award, so they can't help but be excited.

Bao Zixuan: "It seems that Mr. Hauser is impatient, so I won't go around in circles. I want to invest in acorn. I recognize your strength and I am very optimistic about the future of this company."

Hermann-Hauser: "But we are developing very well now, and the size of this company means that if Mr. Bao becomes a shareholder, we will basically not have many shares."

Bao Zixuan: "Then how should we look at this problem? The resources you will get after I join the shares will be unimaginable. And the company's market value is now 1 million pounds. If you follow your own development, it may reach 10 million pounds. But after I join the company

The market value will reach

It is possible to reach 100 million pounds or 1 billion pounds. Although your shares are less, the value of the shares in your hands has increased. Also, I am only investing and will not participate in the management of the company. The management of the company is still left to you.

, you can develop according to your own ideas."

Chriscurry said: “I don’t know how much Mr. Bao values ​​Acorn and how many shares he hopes to get.”

Bao Zixuan: "You decide the market value of Acorn. I don't like investing in companies. I prefer investors. Only in this way can I be invincible. A company can be established at any time, but it takes ten years or dozens of years to find talent."

It can take years, or even hundreds of years, to cultivate one. We need to take a longer-term view. My interest in acorn company is mainly because the two of them are still in this company."

Both of them were very happy to hear that Bao Zixuan valued them so much. In fact, when they first established the company, it was more out of interest, but now that it has developed to this stage, if it cannot make a profit, their lives will be affected.

They have invested a lot of their savings in this company and also took out a loan from the bank. Now that they heard that Bao Zixuan was willing to invest in their company, Chriscurry, who is an engineer by training, can say that the current situation is already quite difficult, and that's why

Excitedly, he hoped that Bao Zixuan would come to invest, and even asked how much the company was worth first.

Hermann-Hauser: "There were several investment institutions that wanted to invest in our company before, but they all considered the company's market value relatively low. Moreover, there was some conflict with our business philosophy, so the negotiation was not successful."

"Now that Mr. Bao can give up management rights, we are of course more interested, but we hope to value the company at 5 million pounds."

I wanted to laugh when I heard what Jorge Hauser said about Bao Zixuan. In his previous life, it was not possible until 1990 that this company was worth so much. Is it because he was young or stupid and easy to bully because of his money. He actually offered such a high price.

Price. But at the same time, he also understands that this price is really not expensive in the future. In the future, this company will be the only chip giant that can compete with Intel in the United States.

Bao Zixuan: "I'm not short of the money, but don't you think this valuation is too expensive? And can you guarantee that my investment is worth it?"

Jorge Hauser: "It seems that Mr. Bao has never missed the companies and industries he is optimistic about. This is where our confidence lies. And if I reveal the news that you came to negotiate with us, I think many venture capital companies will recognize this."

price."

Indeed, Bao Zixuan's current trends have become a benchmark in some industries. This is all due to his fame. Now that he sees that the two of them are confident, he knows that coming to negotiate on his own will really be counterproductive.

In the future, I still need to listen to the opinions of professionals, and I can't insist on going my own way. So he smiled and said: "You are not afraid that I will set up a company next to you. It's not that I don't have skills, I just don't have the time and energy to take care of these things."

Jorge Hauser: "You do have technology and strength. But your time and energy will not be wasted on a small company, and you will not lose money on your investment in us."

Bao Zixuan: "Okay! Just calculate it according to your valuation. There is really no need to worry about this little money."

In the end, Bao Zixuan invested 3.5 million pounds to occupy 70% of acorn's shares. The rest depends on how the founder shareholders and other staff distribute it.

However, Bao Zixuan knows that it still needs to develop slowly and cannot be too hasty. Now it is only necessary to establish the chip framework agreement. As for mass production, it is left to the future!

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