Reinventing the Millennium

Yike and Intel want to jointly acquire Broadcom.

In the eyes of many people, this news automatically ignored one of the parties and turned into "Yike wants to acquire Broadcom."

After a Singaporean company wants to acquire the world-famous American Qualcomm, another Chinese company wants to acquire the world-famous American Broadcom...

Broadcom is not as famous as Qualcomm, but Yike is much more famous than Anwar!

Even Anhua Gao stirred up a storm of public opinion, let alone Yi Ke!

Once the news of the secret negotiations and intended acquisition was leaked, a large number of media followed suit and reported. In addition to questioning the emergence of a monopoly, Broadcom CEO Scott directly took on greater pressure.

Broadcom executives expressed doubts about the secret negotiations for such acquisitions and believed that the CEO's behavior was unprofessional.

Scott bowed to this pressure and publicly responded to the joint acquisition from Intel and Yike.

"Intel and Yike both have excellent R\u0026D capabilities and technological innovation capabilities, and are leaders in their respective fields. They are willing to create new businesses with Broadcom. This is undoubtedly a strong alliance."

"In fact, Broadcom will still maintain independent operations after being acquired. Yike WLS is the subject of the acquisition, and WLS has always been a wireless solution provider for global customers."

"Broadcom still has the opportunity to keep the brand on Nasdaq after being acquired, and this transaction should not be criticized."

Scott defended and hinted that it looked like Broadcom was being acquired. In fact, if "Broadcom" can continue to be used without delisting, then who will acquire whom?

However, his defense at this time only made the external and internal storm more intense. Both the media and senior executives keenly grasped the angle that CEO Scott's procedures for doing things were inappropriate. regulation!

As CEO, did Scott's acquisition negotiations have to be approved by the board of directors?

Some media even shouted that Scott had violated the Williams Act by failing to disclose information.

In just two days, in addition to Qualcomm's stock price suffering a setback, another victim in the turmoil emerged.

Broadcom CEO Scott resigned directly to the board of directors, and the board of directors approved his resignation at the speed of light and announced that COO Branch would temporarily serve as CEO.

Fang Zhuo was stunned by this incident.

this……

Scott is also a passionate person...

But Broadcom, is your decision too hasty...

Overall, Scott has made great contributions to the company since he became CEO in 2005!

Fang Zhuo really didn't expect that it would trigger such a change, and he almost felt guilty.

He thought about it again and again, and finally called Scott for some comfort and solicitation. Yike WLS had made a breakthrough in the baseband field, but now it still lacks a CEO who can run it better. Xiaosi saw that It looks good.

However, Scott declined Mr. Fang's solicitation, but continued to encourage the head of Yike.

"Mr. Fang, the alliance between Yike and Intel should not be affected by public opinion. Qualcomm is at its weakest moment now. As long as Intel and Yike can communicate with each other in technology, they will definitely occupy a large share of this market." .”

"Although I resigned, I have communicated with Blanche, and she also recognized in principle that this is a cooperation that everyone wins. Whether it is the growth of the global market or the competition with Qualcomm, this is an excellent one. Opportunity!"

Scott, who has stepped down as CEO, is still thinking about transactions. He actually agrees with the M\u0026A integration trend observed by Mr. Fang in the global semiconductor industry. The practices of Intel, Yike, and Broadcom are not rigid, and they each have needs to complement each other. The place.

"I will communicate well with Blanche, but..." Fang Zhuo pondered, "If this matter develops like this, it may not depend on us to a large extent."

When Scott heard this, even though he had resigned, he still felt a bucket of cold water pouring down on him and sighed.

Why is it always difficult for lovers in this world to get married?

Can't three sentient companies form a complete home?

Fang Zhuo expressed emotional condolences to Scott, and his own mood improved a lot, but before he could continue to reflect, he received a call from another client.

Chen Fuyang from Avago called. After some pleasantries, he said with a bit of complaint: "Mr. Fang, Yike wants to acquire Broadcom. This... Broadcom is indeed a good company."

When he arrived in Shanghai, he had talked with Mr. Fang about Avago's development plan. Broadcom was a potential target, but now, Mr. Fang targeted Broadcom without even saying hello.

"Yes, I also think Broadcom is good. It can put pressure on Qualcomm's stock price by acquiring Broadcom. I believe this news can bring new pressure to Jacobs." Fang Zhuo said generously.

Chen Fuyang was silent for a while, let alone Jacob, even he was suppressed...

If Yike, Intel, and Broadcom really get together, the challenges in the future will be magnified to another level!

If according to Scott's statement, Broadcom remains on Nasdaq, wouldn't this mean that WLS has been implanted in Broadcom? Isn't it just a replica of what I want to do?

According to this plan, wouldn't the "New Qualcomm" have a heavy opponent, the "New Broadcom"?

Seeing that the other end of the phone was silent, Fang Zhuo said calmly: "No matter what happens in the future, it is only right to suppress Qualcomm now. We can't suppress it now, let alone talk about the future."

Chen Fuyang was in the middle of the game and vaguely felt the fingers of Mr. Fang, but he had to admit that the other party was right. He couldn't help but smile twice and said with emotion: "Mr. Fang, if Qualcomm still rejects our offer this time, we will The third bid information will be released. Well, this 'New Broadcom' can indeed put pressure on Qualcomm. I believe they will make new changes."

He paused and continued: "After three quotations, we will initiate new director nominations at Qualcomm's shareholder meeting this year, and then we will strive for votes. If successful, then... we will cooperate more."

Fang Zhuo thought about the situation carefully, nodded and said, "Mr. Chen, I wish you success."

Chen Fuyang also wanted to return this sentence to Mr. Fang, but he still didn't say it out loud. He didn't want to see Mr. Fang succeed in this matter. However, he could neither stop Yike and Intel nor reverse Mr. Fang's will. , it is better to do the things on hand right now.

Fang Zhuo ended the phone call, thinking about the ins and outs of the matter, and finally covered his face.

But as soon as the fingers touched his cheeks, the new ringtone of the phone flicked them away from his face.

This time it belonged to my old friend Summers.

Since resigning from his position in the White House, Summers has become much more chic in his work. He has become more interested in the New York Economic Institute, which is sponsored by Mr. Fang, and has repeatedly praised Kong Yu's talent for making money.

If you were to rank American friends in terms of relationship distance, Summers would obviously be in the first echelon.

Unfortunately, this first-tier friend brought bad news this time.

"Mr. Fang, Yike wants to acquire Broadcom. I'm afraid it will be difficult to pass the review." Summers directly predicted the outcome of the acquisition. No, it was more of an announcement than a prediction.

"Oh? Yike is legal and compliant. The acquisition is just a negotiation now. We haven't even signed the memorandum of understanding. Isn't it too early to talk about the review results at this time?" Fang Zhuo said with dissatisfaction.

Summers persuaded: "Mr. Fang, being legal and compliant does not mean that it will pass the review. Yike is so big now, so we should actually pay more attention to sensitive movements."

Fang Zhuo said in a broken voice: "Well, Yike will not acquire it anymore, let Bingxin invest in WLS to acquire it!"

Summers smiled and advised: "Mr. Fang, the development of ice core is not easy, and it has been exaggerated and threatened many times. It is better not to put it in danger."

Fang Zhuo was in a trance, feeling that the tone of his voice sounded like a professor from China who was painstakingly promoting the development of ice cores.

"Summers, Yike is also a Nasdaq listed company!" He emphasized this point.

"Mr. Fang, I don't want to force you to do anything. I'm just telling you that Yike's energy spent on this is probably in vain. Many people have already paid attention to this matter." Summers' tone was still tactful. .

Fang Zhuo frowned and gave a reply after a long time: "I will seriously consider it again."

Summers hung up the phone, trusting Fang to always be a smart guy.

Fang Zhuo put his cell phone on the table, and his desire to feel guilty and face-palming faded away. Yike's acquisition would eventually be revealed, and once it was revealed, he would definitely face this situation. Now it's just the ugly daughter-in-law who wants to meet her parents-in-law earlier.

He plans to communicate with Intel in a few days to discuss alternatives. If Yike withdraws from the acquisition, Intel can still acquire Broadcom, and Yike is still willing to conduct in-depth cooperation in the baseband field.

This kind of cooperation already has a good reputation. The cooperation between Bingxin and Intel is not hidden, and what they get in exchange is the wholehearted communication of the other party.

Secretary Liu Zonghong saw that his boss no longer had phone calls, and said with rare regret: "Scott actually resigned. It's really surprising."

Fang Zhuo frowned: "After all, it is the world that is forcing him."

Liu Zonghong didn't dare not nod.

For two days, public opinion opposition was still strong, but new rumors came out from Blanche, the COO who temporarily took over Broadcom. It is said that she met with Qualcomm to discuss the acquisition.

Qualcomm came out and became the third party that wanted to acquire Broadcom!

Only one day after the news was exposed, Jacobs appeared to confirm the authenticity and expressed his attitude of actively promoting mergers and acquisitions.

Unlike Yike's appearance, Qualcomm's move immediately boosted its stock price and received praise from analysts.

If Qualcomm can intercept Broadcom, it will firstly defuse the offensive of rivals such as Yike and Intel, secondly, it can expand its business to alleviate the previous single business situation, and thirdly, it will increase its market value, which can resist the malicious intent from Avago. Acquisition!

Killing three birds with one stone, Jacob, who has been questioned recently, has received high praise.

The situation was completely distorted for a while, and Broadcom became the favorite!

Avago has potential acquisition intentions for Broadcom. Intel really thinks it can acquire Broadcom. Yike thinks Broadcom is good but knows it cannot acquire it. Qualcomm hopes to acquire Broadcom and then rejects Avago...

Sure enough, two days later, Qualcomm's board of directors officially made a decision to reject Avago's second acquisition offer of US$85 billion.

If Qualcomm can acquire Broadcom, its market value will obviously return to the level of 100 billion U.S. dollars. Avago’s current 85 billion U.S. dollars will not be enough.

When Chen Fuyang received the rejection message, he couldn't help but sneer on his face. Qualcomm wants to acquire Broadcom and kill three birds with one stone. This is really a sweet dream!

Just take it and let's see where you end up!

However, Chen Fuyang was mocking Qualcomm in his heart, but when he thought about it, he felt a chill running down his spine. Was he having another sweet dream when he was being teased by Mr. Fang? (End of chapter)