Reborn Capital Madman

At this stage, Howard Hughes Corporation is still digesting the acquisition of Polaris, which cost more than 4 billion US dollars, and this transaction was brokered by Michael Blumenthal. Naturally, Michael Blumenthal

I hope this operation can achieve a perfect result, so

, although he was unwilling to lag behind others in his plan to divide the big pie of the Star Wars project, his attitude was relatively conservative. After Hughes Aircraft Company selected a few technical product research and development directions, he just immersed himself in it. As for the acquisition of other companies.

Companies, in order to integrate superior resources, will not join in the fun.

But now Sir Gao said that it is still possible to use this capital outlet to engage in mergers and acquisitions. Michael Blumenthal couldn't help but start to feel itchy, and asked very cooperatively: "Which company did Sir Gao choose?

company?"

Gao Xian did not answer immediately, but rummaged through his briefcase, picked out a document, and handed it to Michael Blumenthal. "This is relevant information."

"Texas Instruments..." Michael Blumenthal, who was slightly surprised, slowly glanced at the beginning of the document and recalled: "I remember that in the mid-1960s, Texas Instruments participated in a highly confidential government

The contract, completed very successfully, can verify the Soviet Union's actual implementation of the Partial Nuclear Test Ban Treaty by detecting seafloor seismic activity caused by nuclear weapons tests."

"This is the traditional strength accumulated and developed by Texas Instruments' predecessor and current subsidiary, Geophysical Business Company, by providing petroleum geological survey technology." Gao Xian nodded, "Now, Texas Instruments is in the field of defense electronics

, infrared search and tracking technology, radar systems, missiles and laser-guided bombs, military computers, etc. have made considerable achievements, which are complementary to Hughes Aircraft Company."

The complementarity emphasized by Gao Xian is not only based on "realistic" investigations, but also the "destination" of the US defense engineering capital operation in the second half of the 1990s in the "old script". At that time, Raytheon Company almost simultaneously

Acquired the defense engineering business unit of Texas Instruments and Hughes Aircraft Company.

Michael Blumenthal was deliberately slowing down when reading documents. He was probably taking advantage of this time gap to think about something. Gao Xian didn't point it out right away. In fact, he could basically guess what the other person was thinking.

Polaris, acquired by Howard Hughes Corporation, is a large computer manufacturer second only to IBM in market share. Among its customer resources, the banking industry has a great advantage.

Gao Xian agreed with this acquisition led by Michael Blumenthal, naturally hoping that Howard Hughes Corporation would be one step ahead of others by acquiring the risc processor from Gao Xing Technology and the general-purpose server and workstation products that use it as the central processor.

to enter the commercial market.

But for a large enterprise like Polaris, it cannot be digested overnight.

To take the most basic and common example, Gao Xian, Michael Blumenthal, and even the senior management of Howard Hughes Corporation have all reached a consensus that traditional large computers are declining in the commercial market and will definitely be replaced.

emerging high-performance general-purpose computers

In this era, the large-scale computer product line of Bora Company will definitely be gradually compressed, and the staff related to it, even if they are not laid off, will be inferior to those in the server and workstation departments in terms of salary and benefits, and it is inevitable that they will feel unhappy.

, even negative at work.

In fact, within IBM, there are already signs of this dissatisfaction. The "high-end" engineers who work on traditional large computers are not as well paid as the "low-end" engineers who work on personal computers, which is in full swing. This breeds

There was resentment.

This "humanity" factor may not have much destructive power for the time being, but if it is handled improperly and accumulated over a long period of time, it will definitely cause serious trouble.

Michael Blumenthal does not dare to take the "sequelae" of acquisitions like this lightly. If he purchases Texas Instruments at this time, he will inevitably be a little worried about biting off more than he can chew.

As expected, Michael Blumenthal himself expressed similar concerns in the end, "Judging from the financial data alone, Texas Instruments' assets are about US$2.3 billion, so it is indeed not a problem to win."

"However, there are two problems that are more difficult."

"First, the defense engineering business is only part of Texas Instruments' business scope. Since the 1970s, Texas Instruments has focused its business on home and consumer electronics products."

"For Hughes Aircraft Company, Texas Instruments' defense engineering business is extremely valuable, but more other Texas Instruments assets are meaningless and may even become a burden."

"Second, Texas Instruments' operating performance is excellent, and its shareholders should not be willing to see an acquisition of Texas Instruments."

"These problems must be faced squarely." Gao Xian smiled slightly, "The first problem can be solved in this way. After successfully acquiring Texas Instruments and splitting it up, Hughes Aircraft Company will only be left with defense engineering resources that are valuable to itself.

Additional assets were transferred to Western Industries."

"It just so happens that Western Industrial Corporation is deploying in the mobile communications industry and needs technical reserves in this area. Texas Instruments' commercial technology foundation meets the requirements."

Michael Blumenthal flipped through Texas Instruments' information again, his eyes lit up and he said: "If we do this, it is estimated that for up to one billion US dollars, Hughes Aircraft Company can obtain all of Texas Instruments' defense engineering resources."

"As for your second question, I have just mentioned that Texas Instruments will definitely suffer serious losses this year. As long as it operates properly, it can scare the shareholders of Texas Instruments and make them feel that a disaster is imminent. Then sell the shares of Texas Instruments.

, it’s logical.” Gao Xian pointed to an item in the document.

Data table, "In fact, the financial data of Texas Instruments in recent years have shown not very good signs. Annual sales have increased by almost 50%, but profit growth has been obviously sluggish. However,

Everyone at Texas Instruments was bewildered by the booming market situation in front of them."

Michael Blumenthal analyzed the table and hesitated: "Isn't this caused by the high investment in research and development of new technologies and new products as claimed by Texas Instruments?"

"You don't really believe those high-sounding reasons, do you?" Gao Strings said, "According to the information I have, Texas Instruments has been waging a price war with Commodity in the low-end personal computer market in the past two years. Texas Instruments only has products in the market.

The discount has reached one hundred dollars per unit, and this year this price war has entered a life-and-death battle stage. The more ti-99/4a personal computers Texas Instruments sells, the more losses it will suffer."

"Last year, Texas Instruments' net profit was just over US$100 million. I am very confident that according to the current price war momentum, Texas Instruments will lose more than US$100 million in just half a year."

Having said this, Gao Xian's face showed a look of schadenfreude, "Texas Instruments has been obsessed with price wars not once or twice. For example, in the calculator price war more than ten years ago, Texas Instruments relied on its obvious cost

Its advantages have almost squeezed out other calculator products. Fortunately, Huanyu Electronics' calculator caught the opportunity early and escaped without suffering a loss."

"Now, Kangmaoda Company and Texas Instruments have almost the same resource monopoly advantage, including microprocessor MOS 6502, semiconductor memory and other components, which are all manufactured by their own factories. In addition, with more advantages in sales channels, Texas Instruments will definitely suffer a big loss.

Already."

After some communication, Michael Blumenthal no longer had any worries and said in high spirits: "Sir Gao, let's make Texas Instruments an acquisition target. How will we divide the work for the next thing?"

"Only you, the protagonist, can take the lead in the public lobbying by the government; the same goes for the contact with Texas Instruments." Gao Xian smiled playfully, "Gao Yimi will do his best for the Howard Hughes Corporation.

Provide related services, including cooperation with Gulf Western Company. Of course, I will also try my best to help smooth some relationships behind the scenes."