Rebirth 1999: Opening the Age of Black Technology

Nokia's board of directors is really struggling during this time.

It can be said that there are chasing troops in the back and rivers in front, there is no way to retreat, and there is no way to advance.

The pursuit is of course the huge debt owed by Nokia in order to develop the Symbian system and launch the smartphone based on the Symbian system.

When Saipan was selling well, Nokia believed that Saipan was its future, so it concentrated all its firepower, worked hard to develop the Saipan system, and vigorously launched different models of Saipan mobile phones.

So at that time, Nokia recruited workers in a large number of construction factories. Even high-tech experimental centers have been established in different countries, recruiting a large number of mobile phone talents, hoping to make Saipan mobile phones bigger and stronger.

Who knows that Symbian mobile phones did not bring Nokia a strong era, but brought Nokia directly into the pit.

Blind expansion caused Nokia to owe huge debts.

The first Jianghe is of course the Android and iOS camps.

The Android and iOS camps have had unexpected success over the past two years.

If Nokia has spent huge sums of money, played overwhelming advertisements, and launched a large number of Symbian mobile phones, consumers around the world can clearly recognize the difference between smart phones and feature phones.

Then Android and iOS tell consumers that if you want to use a smartphone, you must buy Android or iOS.

Therefore, the concept of smart phones that Nokia has worked so hard to launch is actually a wedding dress for others.

While the board of directors is busy paying off debts, they generally find ways to make money.

In the end, the strong pressure caused Nokia's board of directors and all shareholders to collapse, and decided to sell Nokia's mobile phone business in a package.

At the beginning, Nokia's board of directors hired a professional organization to evaluate Nokia's mobile phone business.

The final valuation is about 10 billion meters.

This 10 billion meters of knife covers the entire industry of Nokia's mobile phone business, including the R&D department, its own production plants, machinery and equipment, land ownership, and even intellectual property technology.

But valuation is one thing, if you estimate the value, whether you can sell it or not is another.

Just like there is a jadeite seller, his valuation of his jadeite is 10 billion, but after all, someone must buy it, and the 10 billion can be counted.

At present, Nokia is a hot potato for the entire mobile phone industry.

Whoever takes over is screwed.

Therefore, Nokia's board of directors tried every means to hope to negotiate a cooperation with Microsoft, and it would be quite good to sell itself for 7 billion meters.

Who knows that it has always had a good cooperative relationship with Nokia and jointly launched windows

Phone system Microsoft is also not interested in Nokia.

Microsoft casually paid back a price of 5.5 billion yuan and paid in installments, and there were also a lot of equity transactions.

This made Nokia very uncomfortable, because cooperation with Microsoft could not solve the foreign debt owed by Nokia's mobile phone business at all.

And Microsoft's attitude is that I just gave you a price at will. If you agree with this price, then we will continue to talk after we come down. The negotiation conditions will definitely be quite harsh.

It is the technology companies or capitals all over the world that give Nokia's top management a headache. Except for Microsoft's willingness to reluctantly accept Nokia's mobile phone business department, no capital or technology company is willing to take over.

Xiangmo, which used to be in the mobile phone industry, is now like a foul-smelling stool, and everyone avoids it.

Just when Nokia's executives were having a headache and couldn't think of a way to prepare for a debt default.

CEO Kevinson actually brought a super heavy good news.

Kevinson reported to the board of directors: "Changtian Technology is willing to acquire Nokia's entire mobile phone business for 6 billion yuan in cash."

When Kevinson finished reporting the situation, the entire conference room was silent.

The first reaction of all the directors on the board was to disbelieve.

"Mr. Kevinson, are you sure that Changtian Technology is willing to acquire our mobile phone business for 6 billion meters in cash?"

"You should know that when we asked Changtian Technology to cooperate, we were turned away by Changtian Technology."

After one director raised such a question, many directors asked questions.

"6 billion in cash is not a small amount."

"Is this news true?"

Kevinson is not a senior figure in the entire Nokia system.

The reason why he was able to be sent to the front desk was just a transitional character or a scapegoat.

When Nokia's mobile phone business is all sold or declared bankrupt, Kevinson's mission will be over.

Who knows that such a CEO who is not valued by Nokia's board of directors has come to report the situation and said that Changtian Technology is willing to acquire Nokia's mobile phone business.

This is totally charcoal in the snow!

Under the doubts of the crowd, Kevinson immediately took out the acquisition plan sent by Simpson.

"This is the acquisition agreement given by Changtian Technology. The agreement is clearly made in cash, and as long as we are willing to cooperate, the entire acquisition process can be completed within a week."

The members of the board of directors read the agreement of Changtian Technology one after another, and they were very excited.

Judging from the content of the agreement, Changtian Technology is serious this time.

The entire agreement plan is also very complete, even including the employees of Nokia's mobile phone business, how to arrange such small details after the mobile phone business was acquired by Changtian Technology is also reflected in the plan.

The board began to inquire in detail about the details of the Kevinson acquisition.

Because the acquisition agreement was also negotiated by Simpson and Changtian Technology, and Kevin was just passing on a message, so Kevin was busy calling Simpson in.

After seeing Simpson, the directors of the board of directors were even more emotional.

Simpson is the old man of Nokia.

He used to be the president of Nokia Asia Pacific, and the most important task is to be responsible for the sales of Nokia's mobile phones in the Asia Pacific region.

Simpson once also established a very good relationship with Changtian Technology, and even had a very good personal relationship with Chen Xiao.

But it is precisely because of these reasons that Simpson was abandoned by Nokia when the rift between Nokia and Changtian Technology was growing.

I didn't expect that at the most critical moment for Nokia, when it needed cash the most.

This Nokia veteran stood up at a critical time and brought Changtian Technology's acquisition plan.

After Simpson entered the conference room, the entire meeting lasted two full days.

Eventually Nokia's board of directors settled on a principle.

Now is not the time to bargain with Changtian Technology at all.

Now the task is, how to sell Nokia's mobile phone business, get cash as soon as possible, in order to repay the debt, so as to keep Nokia's communication business alive.

It is a blessing to have a company willing to emerge and acquire Nokia's mobile phone business.

Now I am bargaining with Changtian Technology. If Changtian Technology is angered, I will clap my hands and say that I will not buy it anymore.

The days left for Nokia are really running out.

Therefore, Nokia's board of directors unanimously decided to fully agree with Long-Term Technology's acquisition plan, and fully cooperate without any conditions or delays.

In fact, what Nokia wants to cooperate with is to actively make this acquisition plan recognized by Finland and the European Union.

After all, such a heavy acquisition plan has already touched the relevant business regulations of the European Union.

The acquisition plan can only be implemented after passing the review of the relevant technical committee of the European Union.

But at this time Nokia is already in the advanced stage of cancer, and the wound has been bleeding.

All European countries, including Finland, Nokia's headquarters, are shunned by Nokia, hoping to deal with Nokia's problems as soon as possible.

Now that you meet the Pan Man, of course everyone can't ask for it.

When Simpson informed Nokia's directors, Changtian Technology CEO Wang Xiang was in Finland at this moment.

The chairman of Nokia personally received Wang Xiang and held a grand welcome ceremony for Wang Xiang.

A day later, the two parties signed the agreement at the Nokia headquarters, such as the acquisition of Nokia's mobile phone business by Changtian Technology.

agreement.

The first point is that Changtian Technology fully acquired Nokia's mobile phone business and the corresponding intellectual property with 6 billion yuan in cash.

One of the key points in point 1 is that Changtian Technology can use the Nokia brand in the field of mobile communications.

The second point is that Changtian Technology will pay off the purchase price within one week of completing the acquisition process.

The third point is that after Changtian Technology completes the acquisition of the mobile phone business, it has three months as the boundary time to clean up the relevant employees of Nokia's mobile phone business.

Among them, the employees that Changtian Technology is unwilling to hire will be handled by Nokia.

If there is no employee dismissed by Binchangtian Technology within three months, the employee's employment contract with Nokia will be automatically transferred to Changtian Technology.

This can be regarded as protecting the rights and interests of ordinary employees, so that these employees will not be affected as much as possible in the process of education on both sides.

After the agreement was signed, Changtian Technology immediately transferred the first batch of 2 billion meters of cash to Nokia's account.

One month later, in July 2012, the two parties completed all the acquisition procedures.

All 6 billion meters of knives entered the account of Nokia headquarters.

Chen Xiao sent Luo Ning to Finland to replace Wang Xiang, and continued to complete the follow-up acquisition work with Nokia.

Wang Xiang returned to Changzezhou to preside over the overall situation.

Changze Island.

Chen Xiao felt like a child who liked toys.

Buy a toy you like.

It's a lot of fun when it comes to spending money.

But when I actually bought the toy, I found that there were too many parts, and I didn't want to assemble it at all.

Now the toy in hand is Nokia.

See the asset report of Nokia's mobile phone business provided by Wang Xiang.

Chen Xiao had some headaches.

The global layout of Nokia's mobile phone business is really wide.

It has its own production plants in Xiaguo, Romania, Mexico, India, Vietnam and even Masan in South Korea.

The R&D centers are mainly located in the United States, Germany, Finland and Xia.

Chen Xiao looked at these factories and R&D centers with a big head.

Factory is available.

After all, it will definitely not be enough for Changtian Technology to make its own mobile phone in the future, relying on the factory in Jiangzhou.

And if you want to sell Changtian Technology's mobile phones to the world, especially to Europe and the United States, you must taste some sweetness locally.

Therefore, it is necessary to keep overseas factories.

For example, important sales channels such as Nokia sales center and experience center should also be retained! This is crucial.

As for the R&D center.

Nokia has been working on the Symbian system.

Is it necessary to keep the R&D center of Saipan system?

Of course, Chen Xiao said to Wang Xiang, "If it's a R&D center for communication basebands, chips, and motherboards, you can stay. For the R&D center of the Saipan system, I will close all of them."

It also made Chen Xiao feel speechless. There are still some real estate belonging to Nokia's mobile phone business.

In addition to some commercial properties in Europe, there are actually several villas in Finland, Switzerland, France, the United Kingdom, Australia, and the United States.

These villas were originally hung on the relevant departments of Nokia's mobile phone business, and were provided to Nokia's executives to live.

Now Changtian Technology has acquired the entire mobile phone business, and of course the assets under these names have also been acquired.

In the UK, it is not just a villa, but a small castle with a history of more than 100 years.

When Chen Xiao saw these things, he didn't know whether to cry or laugh.

It's like buying a toy and giving you a bunch of freebies.

But then again.

In the future, Chen Xiao will not need to stay in a hotel when he travels overseas with his relatives or friends.

Aren't the villas in the rich area or the ancient castles with historical precipitation not fragrant?

Looking at Chen Xiao's strange expression, Wang Xiang said helplessly: "Actually, among the fixed assets of Nokia's mobile phone business, the real value is not those factories or R&D centers, but these villas and ancient castles. ."

This doesn't sound right, but it seems to be the truth.

It is similar to an A-share listed company in Xia Guo. After a whole year of hard work, the main industry did not make a dime and lost a lot of money. Instead, the company sold its own office building, yo hey, now All right! Profits increased by 200 last year!

What troubles Chen Xiao the most is not only Nokia's assets distributed around the world, but Nokia's 30,000 employees around the world.

The industry of Changtian Technology is so large and spreads across multiple industries.

All employees add up to less than 3,000 people, and Nokia has an extra 30,000 people.

Fortunately, Chen Xiao had a detailed understanding of the contracts of these employees.

Most of Nokia and these employees signed short-term contracts, and only a few were long-term contracts.

Moreover, Changtian Technology has reached an agreement with Nokia, and Changtian Technology can unconditionally dismiss these employees within three months~www.readwn.com~ The aftermath will be carried out by Nokia Corporation.

Chen Xiao said to Wang Xiang: "The employees who retain key positions, the so-called key positions, are the R&D personnel of the important R&D center and the technical personnel of the factory."

Chen Xiao set another number for Wang Xiang, "The total number of people should not be higher than 500."

"Sales channel personnel can be transferred to third-party platform companies for management, but they must retain sales channels."

When Wang Xiang heard what Chen Xiao said, he was shocked.

No more than 500 people.

That is to say, some overseas factories may leave only two or three managers, and all the workers will be dismissed.

But Wang Xiang immediately understood Chen Xiao's intention.

The reason why Changtian Technology acquired Nokia is that it is not interested in the so-called fixed assets or technical personnel in the hands of Nokia.

All that is needed is a permanent key to the European market.

As long as the company's name is Nokia, as long as the management is white skin and blue eyes.

Then the resistance of Changtian Technology to enter the European market will be greatly weakened.

Chen Xiao announced another most important thing.

"Following the acquisition, Nokia Communications Technologies LLC was established and Simpson was appointed CEO."

"All Nokia logos and logos remain the same."

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