Chapter 760: 760

At this stage, Howard Hughes is still digesting Bora, which spent more than $4 billion to acquire, and this transaction was facilitated by Michael Blumenthal. Naturally, Michael Blumenthal hopes that this operation can achieve a perfect effect. Therefore, although he is unwilling to fall behind others in the plan of dividing the big cake of star Wars plan, However, the attitude is relatively conservative. After selecting several technical product R & D directions, Hughes Aircraft Company should concentrate on it. As for the acquisition of other companies to integrate advantageous resources, it won't join the fun.

But now sir Gao said that it was still possible to engage in mergers and acquisitions through this capital outlet. Michael Blumenthal couldn't help itching and asked, "which company is Sir Gao's selected target?"

Gao Xian didn't answer immediately, but turned in his briefcase, picked out a document and handed it to Michael blumensa. "This is relevant information."

"Texas Instruments..." Michael Blumenthal, who was slightly surprised, glanced slowly at the beginning of the document and recalled: "I remember that in the mid-1960s, Texas Instruments participated in a highly confidential Zhengfu contract, which was completed very successfully. The Soviet Union's performance could be verified by detecting the submarine seismic activity caused by the nuclear weapon test The reality of the partial nuclear test ban treaty. "

"This is the traditional strength accumulated and developed by the geophysical business company, the predecessor and current subsidiary of Texas Instruments, which provides petroleum geological survey technology." Gao Xian nodded, "Up to now, Ti has made great achievements in defense electronics, infrared search and tracking technology, radar system, missile and laser guided bomb, military computer and so on, which is just complementary to Hughes Aircraft Company."

The complementarity emphasized by Gao Xian is not only based on the investigation of "reality", but also the "destination" after the operation of American defense engineering capital in the second half of the 1990s in the "old script". At that time, Raytheon company acquired the defense engineering business department of Texas Instruments and Hughes Aircraft company almost at the same time.

Michael Blumenthal's speed of reading documents is deliberately slowing down. He should take advantage of this time gap to think about something. Gao Xian doesn't break it immediately. In fact, he can basically guess each other's thoughts.

Bora company acquired by Howard Hughes is a large-scale computer manufacturer with market share second only to IBM. Among the customer resources, the banking industry has great advantages.

Gao Xian agrees with the acquisition led by Michael Blumenthal. Naturally, he hopes that Howard Hughes will enter the commercial market one step ahead of others with the RISC processor purchased from happy technology and the general server and workstation products using it as the central processor.

But big enterprises like Bora can't digest it overnight.

To take the most basic and human example, Gao Xian, Michael Blumenthal and even the executives of Howard Hughes have reached a consensus that the traditional mainframe computer is declining in the commercial market and must be replaced by the emerging high-performance general-purpose computer. Bora's mainframe computer product line will be gradually compressed and related to it Even if the staff are not laid off, they will be inferior to the staff in the server and workstation departments in terms of salary. It is inevitable that they will have opinions in their hearts and even work negatively.

In fact, within IBM, there are signs of such dissatisfaction. The "high-end" engineers engaged in traditional mainframe computer related work are not paid well as the "low-end" engineers engaged in personal computer related work, which breeds resentment.

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This "human harmony" factor may not have much destructive power for the time being, but if it is not handled properly and accumulated for a long time, it will certainly lead to great trouble.

Michael Blumenthal dare not take such acquisition "sequelae" lightly. At this time, he is inevitably a little worried that he can't chew too much.

Sure enough, Michael Blumenthal himself expressed similar concerns. "From the financial data alone, TI's assets are about $2.3 billion. It's really no problem to take them down."

"However, there are two thorny issues."

"Michael Blumenthal analyzed the form and hesitated:" isn't this caused by the high R & D investment in new technologies and products claimed by Texas Instruments? "

"You don't really believe those high sounding reasons," said Gao Xian, "According to the information I have, Ti has been fighting a price war with Comtech in the low-end PC market in the past two years. Ti has reached $100 per set only in product discounts. This year, this price war seems to have entered a decisive stage of life and death. The more ti-994a PCs Ti sells, the more losses it will make."

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

Speaking of this, Gao Xian's face showed a look of schadenfreude after bitterness. "Texas Instruments is not obsessed with the price war once or twice. For example, in the calculator price war more than a decade ago, Texas Instruments, relying on its obvious cost advantage, almost excluded other calculator products. Fortunately, Huanyu electronic's calculator saw the opportunity early, so it didn't suffer a loss and retreated."

"Now, kangmaoda company and Texas Instruments have similar resource monopoly advantages, including microprocessor mos6502, semiconductor memory and other parts, which are manufactured by their own factories. In addition, with more advantages in sales channels, Texas Instruments will certainly suffer a big loss."

After some communication, Michael Blumenthal was no longer worried and said excitedly: "Sir Gao, let's take Texas Instruments as the acquisition target. How to divide the work next?"

"You are the leading role in the overt lobbying of the government, and so is the contact with Texas Instruments." Gao Xian smiled playfully. "Goyimi will do its best to provide relevant services for Howard Hughes, including the cooperation of Gulf western company. However, I will try to help clear up some relations behind the scenes."

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