Silicon Valley

The Qualcomm board was solemn.

Owen Jacob said with a sullen face: Cisco has given us an ultimatum, and they must reply in three days! In addition, Qualcomm has been in a very bad situation recently, and AT\u0026amp;amp;T is said to be joining other telecom companies. Prepare to block us!

After the speech, everyone looked at each other and discussed.

We've just been sued for rights infringement, and now AT\u0026amp;amp;T is going to block us again?

Yes, what should I do?

Owen Jacob glanced at everyone, stood up and said, I suggest joining Cisco as soon as possible, and then promoting our technology!

Jacob, what will Cisco give us? one of them asked.

Jacob shook his head and said, The specifics haven't been discussed yet, but they promised to maintain Qualcomm's independence after acquiring Qualcomm, and Qualcomm's treatment is the same as Cisco's, with option rewards!

As of now, I can only join Cisco. I agree with Qualcomm to join Cisco! said one shareholder.

I agree!!

...

Owen Jacob looked at the number of votes, and most of them agreed to merge Qualcomm into Cisco, so he said: Okay, then we will formally negotiate with Cisco immediately!

After the meeting, Owen Jacobs called John Chambers immediately and told him that Qualcomm agreed to merge with Cisco, but the specific conditions were still to be discussed in detail!

John Chambers acted quickly, assembling a negotiating team and meeting with Qualcomm the next day.

Mr. Jacobs, this is the condition that Cisco has given you! John Chambers and his party said after they arrived at Qualcomm and handed the printed documents to Owen Jacobs and other high-level personnel. , We Cisco invested 100 million US dollars to finance Qualcomm, holding 70% of the shares. In fact, in the current situation of Qualcomm, it is not worth 100 million at all, but we are optimistic about its future development, so we are willing to give such More! If you think there is no problem, we can sign the contract immediately!

Irving Jacobs and others were very shocked by the conditions offered by Cisco. If CDMA technology was popularized, Cisco offered this price, and Qualcomm and others were no exception. But now, Qualcomm is obviously in many difficulties, and Cisco did not take advantage of the situation and deliberately lowered the price, which is really touching!

Owen Jacob and the others did not speak, and looked at each other. Before the official meeting, they had guessed what conditions Cisco would offer Qualcomm. They believed that the best condition might be $50 million to win the controlling stake in Qualcomm. But Cisco directly offered $100 million, which shocked everyone!

Mr. Chambers, please allow us to discuss it before making a decision? said Owen Jacobs.

John Chambers smiled, Of course there's no problem, then we'll wait outside for your news! With that, the Cisco team stood up and walked out of the conference room.

After the Cisco team left the conference room, Irving Jacob said, How do you feel about the conditions?

I think it's pretty good, but they're asking for 70 percent, which is a bit too much! said one of them.

I think it's acceptable. If Qualcomm has $100 million, we can develop more advanced technology, and we can even design our own chips!

There was a lot of discussion in the conference room.

However, the temptation of 100 million US dollars is not small, and finally won by one more vote, Qualcomm decided to agree to Cisco's conditions!

Then, Owen Jacob called John Chambers and others in and said, Mr. Chambers, we Qualcomm finally decided to agree to Cisco's conditions!!!

John Chambers was overjoyed and said with a smile, If that's the case, then we'll sign the contract now!

no problem!

Immediately, Cisco signed a contract with Qualcomm.

The next day, Cisco CEO John Chambers announced: On the afternoon of February 27, 1990, Cisco and Qualcomm formally signed a contract to invest 100 million US dollars in Qualcomm, holding 70% of the shares!!! Cisco's Cisco subsidiary MCI will build 1,008 cell towers across the U.S. to fully support CDMA technology!!!

After Cisco issued a statement, it immediately sent invitations to many world-renowned mobile phone manufacturers, and one month later, they participated in Cisco's Technology Licensing Conference!

If CDMA technology wants to become a standard, the attitude of mobile phone manufacturers is very important. If they support it, it's half the battle!

After Qualcomm's acquisition, Henry breathed a sigh of relief. When I had nothing to do, I picked up the newspaper and read it. A piece of news immediately caught his attention!

On February 20, 1990, Apple invested in ARM, the chip design department of the British Acorn Computer Company, to ensure the supply of chips for its Newton handheld computer! After reading the news, Henry slapped his forehead, wondering how he put ARM forgotten. Today, Acorn Computer has not spun off ARM and set up a separate company. But it will be in 1991, so invest early!

That made Qualcomm acquire ARM, just in time to design CDMA chips!

Thinking of this, Henry was excited, as if seeing a strip girl scratching her head in front of him and dancing pole dancing! ! !

Hoohoo! ! ! ! !

Henry immediately called Qualcomm CEO Irving Jacobs (the chairman of course became Henry), Irving Jacobs, hello, I'm Henry Williams!

Oh, Mr. Williams, hello!

Henry said solemnly: Mr. Jacob, I now suggest that you acquire a chip design department of the British Acorn Computer Company. I think Qualcomm's next step can be to design its own chips!

Oh, did you mean ARM? Specially designed processor chips with reduced instruction sets?

That's right! ARM has great potential. This simplified instruction set has the characteristics of high efficiency and low power consumption, and is especially suitable for mobile phone chips! For Qualcomm, if it acquires ARM, it will be even more powerful!

After Henry finished speaking, Owen Jacob pondered for a while, and then replied: Mr. Williams, I will then arrange for people to go to the UK to acquire the ARM division!

Well, that's good! You're busy, I'm hanging up!

Henry hung up the phone, thinking in his heart that both Qualcomm and Arm only have design departments and no factories that produce chips. It seems that if you have money in the future, you need to build your own fab and build your own production base! ! ! And now that you have set foot in the semiconductor industry, you can't let go of the very famous companies in the previous life, AMD AMD, and ati display chip manufacturers, all of which can be acquired. Of course, there are many, many more, and Henry feels that his blood is already boiling!

Ha ha, the heroes of the world, enter my heart! (Ask for a recommendation ticket, another book group: 424930141, everyone is welcome to join...)