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Text Chapter 2002 SUN Company is acquired!

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    Xiao Qi's first attack was to directly expose the "golden parachute" request of Sun Company's senior management.

    ? Okay.

    There were only eight executives of Lehman Brothers on the front foot. Because of the greedy and shameless "golden parachute" request, Lehman Brothers collapsed and the global financial crisis began. You then revealed that the top executives of Sun Corporation also asked for "  "Golden Parachute" before Sun Company can be sold to Fairy Company, this will blow up the nest!

    ??The ordinary people in the United States are actually quite honest. If they were to be deceived as a whole, they would definitely not be able to compare with the Chinese people, because our Chinese people also have the wisdom of the small people, but their ordinary people do not.

    Being honest means being easily deceived and impulsive.

    They saw that Sun also asked for a "golden parachute", but they didn't think about the underlying reasons. They didn't think that Sun was different from Lehman Brothers, and they didn't think that Sun was a technology management company, while Lehman Brothers was an investment.  Speculative company.

    , what a bastard!  Lehman Brothers in the past have made such a mistake. Do you still think we are not miserable enough?

    Any executive who demands a "golden parachute" is a bastard!  He is the enemy of the Americans!  !

    This belief has completely penetrated into the minds of Americans, causing them to burst into anger.

    (long)(wind

    ¡°As long as the American people care about it, then the senators and representatives will make a fuss about it.

    Seeing that public opinion was like this, Obama jumped out first: "The president and senior executives of Sun Corporation should face up to the harm caused by the 'golden parachute' to the feelings of the American people. Business transactions should not involve so many outsiders.  matter!"

    Bush, who was about to leave office, also rushed out and said with his usual unreliable remarks: "These people are a shame to the United States. Just lock them up for 100 years!"

    ????????????????The two of them are the most famous, so they are still worried about some influence, but the senators and congressmen below, in order to stand out, can say any weird remarks.

    "I think we should just shut down Sun. Let's see where they go to extort money!"

    "I don't even get enough money from selling stocks, and I have to give you a huge 'golden parachute' as compensation. You really know how to do business! But you treat others like pigs? Are you the same?"

    "The United States does not need these scum!"

    "Pennsylvania has decided to severely condemn Sun CEO Mammons, who was born in this state. You are our disgrace!"

    "People on Wall Street are nothing! It seems the same is true in Silicon Valley! I think we should introduce a special tax rate. As long as these guys' shares are sold, they will all be heavily taxed! They will not make a penny!"

    ""

    The political world is one thing, and the same is true for the financial world.  The public was even more outraged, so executives such as Sun's Mammons really became street rats, and everyone shouted at them to beat them up.

    It has to be said that the unfortunate example of Lehman Brothers also seriously affected Sun. Originally, the US government should be concerned about Fairy Corporation's continuous acquisition of the US electronic technology industry, but now it has completely gone off the mark. Everyone agrees.  If Sun Company does not sell to Fairy Company according to normal prices and procedures, it will be a huge crime!

    The will of the people cannot be violated.

    This is true whether in Europe, America or China.  The same applies.

    Under the strong pressure, Sun could not resist it within three days and proactively contacted Credit Suisse First Boston.

    They didn¡¯t want to compromise and had no choice. Not only was it condemned by public opinion, but the protesters also surrounded the office building, making it impossible for employees to enter or exit the building.  You will still get tomatoes and eggs thrown at you when you enter or leave the underground parking lot. However, there are still many protesters. If you dare to resist anything, you will have fun.

    The middle and lower-level employees of the company.  I am very angry about this because it has nothing to do with them, but it involves them.

    And the most important thing is that Sun's life has been too ordinary these years. They were two heroes with Microsoft back then, but now they are in a miserable state. Sun's employees are hoping to rise again every moment.

    But the problem is that Sun¡¯s executives made repeated mistakes, causing the company to lose opportunities again and again.

    If that¡¯s the case, that¡¯s it. After all, they founded the company and they are the decision-makers.

    But now your half-dead company has a super giant like Fairy Company willing to acquire it and give it greater development prospects. This is what any motivated employee would like to see!

    The results of it?

    You are better off, ?If you don't care about the company's development at all, but instead ask for a "golden parachute" to make a profit and exit, how can this be considered responsible?

    ¡°If the newspaper hadn¡¯t exposed this matter, the employees would not have known that such negotiations had taken place. In this way, the management¡¯s intentions were obvious.

    So, a group of employees also collectively went to talk to Mamons. If the management is willing to continue to run the company well, then they have no objection, but if they are not interested in the company, then they hope to sell the company to Fairy Company.  Stop thinking about getting rich and leaving with a fortune.

    In addition, Sun's stock has also plummeted recently, and its market value has plummeted to 2.4 billion U.S. dollars, setting the lowest market value in Sun's history.

    With such internal and external troubles, the management of Sun Company could only choose to compromise.

    Credit Suisse First Boston is now very confident and will not tolerate them at all.

    In addition to the cancellation of the "golden parachute", Credit Suisse First Boston only gave a 20% premium to management shares, 10% less than before.

    "Anyway, if you want to sell it, sell it. If you don't want to sell it, we are not in a hurry."

    Sun Company really has no bargaining capital. Seeing the financial crisis continue to spread, Sun Company is a weak software company. It will be difficult for it to get up in two or three years.

    If they miss this opportunity, they will get even less when the stock price drops to worthless.

    Don¡¯t doubt how seriously they think about it, but at a time when the whole United States is denouncing Sun, even Microsoft will be killed by Sun, let alone they are not a behemoth like Microsoft.

    Out of optimism about the future, Mammons and others just discussed all night before agreeing to Fairy Company's various conditions.

    Fairy Company acquired 53% of the shares held by management and employees for a total of US$1.5 billion, of which the employees' shares were acquired at a 30% premium.

    The remaining companies and institutional shareholders who hold Sun's stocks will also purchase them at a price increase of 30%. This acquisition started a few days ago. If the stocks held by Sun are included, it has already reached  Requirements for privatization and delisting.

    Xiao Qi only needs to be responsible for signing and paying, and Credit Suisse First Boston will handle the rest for him.

    Although it was Xiao Qi who contributed the most this time, and Xiao Qi also sold 3% of Dreamstars shares to Credit Suisse First Boston Bank, they still provided a complete set of acquisition services.

    But it is worth it. At least when Xiao Qi gets it, everything will be straightened out for him. He only needs to recruit a few good professional managers to stabilize Sun Company.

    The most valuable things of Sun Company are the two Java programming languages ??and the Solaris operating system.

    ? Among them, the java programming language is the same as linux, but the important programming language java2me derived from it is a patent of Sun Company.

    The importance of java2me may not be revealed now, but in a year or two, when large-scale online games and mobile games are integrated, the system processing requirements for mobile phones will be very high. That is when java2me will show its talents.  when.

    To put it bluntly, mobile phone manufacturers around the world will pay patent fees to Sun because of java2me.

    Although it is not much, the problem is that if Sun company does not allow you to use it, then it is not a matter of a little patent fee, your product will not be able to be put on the market!

    In the previous life, Google's Android system was sued by Oracle, which bought Sun Corporation, for this reason. The demand for compensation of US$1 billion gave Google a headache just looking at it.

    Xiao Qi took down java2me, just as a backup. He will not take the initiative to target anyone, but if anyone wants to target Fairy Company, then don't blame him for being rude.

    As for the remaining Solaris operating system, it is a great complement to the Fairy System.

    With the increasing number of users, there are also more and more various application apps. How to make the best use of these apps, whether they are games or programs, depends on your program adjustment capabilities.

    There are no fewer than hundreds of people under Xiao Qi who specialize in the Fairy System, but they have too little background. Although Xiao Qi has acquired many companies, none of them can compare with Sun's Solaris operating system.

    After all, it was a famous operating system that was comparable to windows back then.

    Even without java2me, Xiao Qi feels that 3 billion US dollars is worth it just for the Solaris operating system.

    In the future, almost all domestic mobile phones in China will use Android system. Isn¡¯t this a tragedy?

    Xiao Qi just wants to find a path without relying on others.In this way, this can be regarded as contributing to China¡¯s smart electronics industry!  !  (To be continued)

    ps: The richest people have been changing so fast these days. The old horse was first beaten by Li Chaoren, and then surpassed by Wang Wanda The rich people in the stock market are really not that safe
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