Silicon Valley

Henry soon dispatched an acquisition team to the UK to prepare for the acquisition of Psion.

Psion was established very early, dedicated to the development of mobile phone system, its concept is to design a simple and practical mobile phone operating system! However, before the mobile phone was expensive and the market was not big, Psion could not make a lot of money no matter how good it was, and there was even the risk of losing money!

At that time, most mobile phone manufacturers were using mobile phone systems developed by themselves. It was too difficult for Psion to make money from mobile phone systems! The reason why Psion can develop is mainly because the PDA (handheld computer) developed by the company later enjoys a high reputation in Europe! However, they are all imitating Apple's products, but now Apple's PDA product AppleNewton has not come out, and Psion has not been able to find the target of plagiarism, so it is a bit miserable...

Apple Newton is the world's first handheld computer, and its chip was designed by ARM company! Therefore, Henry has a certain understanding of the development progress of AppleNewton! Probably, the development of AppleNewton products has been completed two-thirds, this year can be developed and completed all the testing work, can be mass-produced next year!

However, because newton could not find its position in the market and the demand was low, or the product was too advanced, it took Apple to the abyss of bankruptcy again!

Henry's negotiating team arrived in the UK and negotiated with Psion founder David Porter for over two weeks! David Porter is determined not to sell the company, but he is willing to accept financing!

David Porter is a shrewd Englishman. He predicts that more and more people will use mobile phones in the future, and the market for mobile phones will be huge. If Psion insists on the development of mobile phone systems, it will definitely be successful! ! !

Henry asked the negotiator, How much money is Psion willing to accept? How much will I own?

Financing $5 million to hold 30% of the shares!!! the negotiator finished and added, If the financing is successful. Mr. Williams, you will be the largest shareholder of Psion! And founder David Bo Te's shares are only 25%, and he is the second largest shareholder! And Psion has a total of eight shareholders, large and small! In addition, the company has not yet been listed!

Hearing this, Henry couldn't help frowning and pondering, he was considering whether to take absolute control, after a while. He asked: Is Psion unwilling to accept more financing? I think it's better to get absolute control of the company!

Mr. Williams, I'm afraid this is very difficult! They think that five million dollars in financing is enough for the time being! Of course, this is just an excuse. Who would think too much money? The main reason is. Psion's The management believes that giving us 30% of the shares is a lot, and they don’t want us to get more shares and then control the development of the company!!!”

Henry frowned and said disdainfully, I don't control the company's development, can it grow fast!!!

The negotiator over there quickly complimented: Of course, Mr. Williams, your ability, who in the world does not know, if Psion can be under your wise leadership, it will definitely develop rapidly!

Henry turned a deaf ear to the flattery. He was thinking about the pros and cons. The Symbian system itself has big problems, such as the incompatibility of multi-platform third-party software. In addition, every time the Symbian system is updated, the third-party systems of the two Symbian systems are not compatible. The software is incompatible again, and the software developer must re-develop the software for each Symbian system. In this case, third-party software companies developed on Saipan have to spend more manpower and material resources, thereby increasing additional costs!

Who wants to keep paying that kind of extra money from a third-party software company?

Although Saipan company also found these problems. Unfortunately, it can't be solved!

The system is like that, how to fix it?

Therefore, after Apple's apple-store came out, third-party software companies shifted their positions one after another! ! !

The shortcomings of Saipan are far more than these. If Psion agrees to be acquired, Henry may make people spend a lot of effort on improving the system kernel in the early stage of the system, and in the future development process, he will also make more suggestions. However, Psion is obviously unwilling to be acquired and missed an opportunity!

However, if it is changed, I am afraid it will take a lot of time. Henry thought, come on, just don't change it, just follow the development direction of the original Saipan system, which is just in line with the needs of this era, and then wait for Apple's system to come to an end!

And you can use the Saipan system to make a mobile phone to make money, the Saipan system is low in cost, does not require any high configuration, and the machine can also be driven, and the current hardware level is just not good! On the contrary, it may be too advanced to develop a more advanced system by myself, and the hardware conditions may not keep up...

If he fails to win the absolute control of Psion, then it will be a matter of time before the Saipan system is authorized. In addition, the management of the company will definitely attract more shareholders, thereby diluting their own shares, such as adding new shareholders. There could be Nokia, Ericsson, Motorola…

And if you invest in Psion yourself, you will be able to get the authorization of the Saipan system!

Since everyone has the Saipan system, then the fight is strength, and everyone can grab the market according to their ability!

And you can cheat and design some classic models, but the sales are not big? ! Who can rob yourself? In addition, Apple will be finished in a few years, and it can be acquired by itself, and then focus on the development of Apple systems, and also develop capacitive screens, multi-touch, touch interaction specifications, and when everything is ready, it will be Saipan The shares of the system were sold to companies such as Nokia, and they were killed!

At that time, launch your own Apple mobile phone and instantly kill all mobile phones! ! !

Henry thought about it carefully, and finally issued an order to the negotiators: You tell them, I agree with their request, and I am willing to raise 10 million US dollars, and only take 30% of Psion's shares!!!

Mr. Williams, five million can get 30% of the shares! The negotiator was slightly taken aback after hearing Henry's words, and then reminded.

I know that, but I have only one request for five million dollars more, Henry paused and said, I hope that the mobile phone system they develop can be licensed to the mobile phone manufacturing company in my name for free, remember, including A new system for each generation! Well, I think they will definitely propose a time limit, and they can agree to it for more than five years!

Yes, I remember it!!

Well! Henry just wanted to hang up the phone, suddenly remembered something, and said, By the way, I suggest that they change the company's name to Saipan Company, and the mobile phone system is called Saipan System. If they don't want to, It doesn't matter, I'm not forcing it!

OK!

The negotiator came to Psion with Henry's order. After he relayed Henry's words, everyone was surprised, especially when Henry raised 10 million US dollars with only 30% of the shares and the free system authorization requirement!

David Potter and the others discussed it for a while, and then agreed with a smile! Henry is a major shareholder, and now he has invested an additional five million dollars, so he should ask for a little more!

After our discussion, we decided to agree to Henry Williams' request! However, the free period is only five years!!! David Porter said.

Well, five years is five years! Oh, by the way, Mr. David Potter, Mr. Williams suggested changing the name of Psion to Saipan, and the mobile phone system developed is called Saipan, you won't Do you mind?

Oh, no problem, the company just changed its name!!! David Potter replied with a smile after thinking about it.

Ah That's good!

Afterwards, the two parties soon signed a financing agreement. The content of the agreement specifically stated a requirement that Henry, as the largest shareholder, had an additional $5 million. Therefore, within five years, Saipan will license each generation of Saipan system to the mobile phone company established by Henry for free!

David Porter and others didn't realize this trap, or they didn't care at all, but they were thinking, no matter how much Henry's mobile phone company sells, how many mobile phones can it sell! Ten million units? How could it be possible... a million units a year is considered good! ! !

After signing the agreement, the negotiating team left quickly with the agreement!

At this time, David Porter asked several surrounding company executives and shareholders: Huh? Psion, oh, no, it should be called Saipan! Doesn't Henry Williams like the name, we The name of the company will be called Saipan Company in the future. Hehe, you said, should we hold a press conference to tell the outside media about Mr. Williams' stake in our company!

Oh, if there's a press conference, the world will know our company name!!!

David Potter chuckled, Yes, that's what I meant!!!

Oh, it seems that our company is busy, and the global mobile phone manufacturing companies will pay attention to us, haha...

(To be continued ~^~)