".... I will not change anything when I become a master. Qualcomm will continue to implement the original development strategy. While maintaining financial stability and a good capital return plan, we will invest more funds in research and development to ensure that we are technically Leading.

Various investments will be made to better maintain the company's leadership in the semiconductor market.

Everyone, what is the most expensive in the 21st century? Talent!

However, what we are seeing is a brain drain. Qualcomm has massively laid off staff in recent years, which has severely lost the talent needed for competition.

Qualcomm faces even more serious problems. It is difficult to bring "the next big event" to use it to win competition and obtain new channels for collecting royalties.

Dilemma of innovators!

To be fair, I'm at this point. . . Have a clearer development direction and brand-new goals to increase Qualcomm's core business competitiveness! "

Andy raised his corner of the mouth, with a calm smile, stretched out his finger and drew a circle next to the sun xue, his eyes were bright and confident, looking at the helmsmen of several large institutions around him, drawing Cake is persuading, hoping to get the support of these Qualcomm shareholders, so that he can easily grab the power of Qualcomm's board of directors.

Andy demonstrated the ambitions of the acquisition of Qualcomm, so that the five leaders at the presence of Blackstone Group, American Pioneer Group, Fidelity International Investment Fund, State Street Bank and Wellington Management Group lost their thoughts.

When they met in Houston, they guessed who was the mysterious acquirer who has been eating into Qualcomm shares recently. To be honest, it surprised them. After all, Andy Smith is a super rich man, he is even more impressed. Focus on the construction of media empire.

But now suddenly stood in front of them and told them, yes, I want to acquire Qualcomm, and I want to enter the wireless semiconductor industry, which somewhat makes them feel aggressive.

However, thinking of Andy Smith's firm support for smart phones and the several IT companies that he has mastered before, he is somewhat relieved. Mobile games, mobile apps, and app stores all show that he is very optimistic about the future of smart phones, so look Qualcomm is understandable.

After all, Qualcomm became the world's largest wireless semiconductor supplier for the first time in the first quarter of 2007 last year.

"So, Mr. Smith, what is your offer?" Ceo of State Street Bank asked first. They are investment institutions. The pursuit of benefits is the most important. If the short-term benefits can be maximized, they will not hesitate. They agreed with Andy's offer and sold Qualcomm's shares.

As for whether Qualcomm will change hands and the founder was kicked out of the company, these are not within their consideration, but it is certain that the descendants of Qualcomm's founder can no longer control the future destiny of the company.

"$ 35, based on the stock price in recent days, a 25% premium ..."

Andy's words haven't been finished yet, the five organizations of the five venues all shook their heads indifferently. This quotation seems to be a lot of distance from their psychological price, so they shook their heads without hesitation to express their meaning. .

"Pay in cash." Andy didn't bother shaking their heads. He didn't plan to eat all the shares in these large institutions. This offer is naturally incomparable to the highest price of 56 US dollars before Qualcomm, but In this financial turmoil, some Qualcomm investors have long been tired of waiting for stocks to rebound and get returns. No one knows how long the financial crisis will last, and to what extent Qualcomm's stock price will fall.

Andy believes that as long as he announces the purchase of Qualcomm's shares at a price of $ 35, there will definitely be a lot of institutions to sell. And for the five major shareholders present, Andy needs their support and support. He replaced the board of directors with himself, and eventually he assumed the chairmanship and controlled Qualcomm.

"At present, the global economy is sluggish, and all countries have been hit by the financial tsunami. You have all experienced the time when the stock price rose to $ 56. Now the stock price has fallen by $ 28. To be honest, if there is no support from my large acquisition, the stock price will No one knows how much it will fall, and when the financial crisis will end, it is even more difficult to predict.

Even in this case, you still give up on Qualcomm, which is very difficult to value. If I succeed in becoming a master, how do you feel that you will give back some overseas cash to shareholders? "

In Andy's view, the acquisition of Qualcomm is a gradual process and cannot be achieved overnight, because more than 60% of Qualcomm's shares are in the hands of major institutions. This is, to a large extent, a very fatal trouble. Major shareholders Strong, weak board, the board is extremely easy to be overthrown by the major shareholders.

In order to truly take control of Qualcomm, Andy can only coax this group of shareholders slowly. When he becomes the largest shareholder, he can slowly take this group of institutional investors in various ways. Squeeze out the board.

As soon as Andy's proposal was spoken, the five people present were slightly brightened, and then looked at each other. For Andy now has 15% of Qualcomm shares, to be honest, they also have some headaches, they also know, There is no way to stop Andy Smith, the super-rich, from continuing with the acquisition plan.

Now Andy Smith hopes to enter Qualcomm with a small price, so I find them and hope to get support. If they refuse, it is conceivable that the smiling young man in front of him will not stop willingly to stop the acquisition. Then, once the other party joins the board of directors of Qualcomm as the largest shareholder and gains the authority of the chairman, it is the first What they will deal with is their institutions. Without much effort, a proposal without dividends for several consecutive years can kill them!

Can you stop it?

The five ceo all saw helplessness and doubts from each other's eyes, and then invariably set their sights on Andy Smith, who was still calm and calm, with a bitter smile in his heart, mainly because this guy was too rich to stop his money offensive.

"I will never treat my friends and I am not a shy person. We have money to make money together. There are many opportunities for us to cooperate in the future. Some of my small companies may need your financial support in the future to get better. Faster development, what do you think? "Andy's mouth was raised, his white teeth were exposed, his eyes were bright and sharp, and he looked at each other one by one, throwing a bait again to shake each other's mind.

This time, the CEOs of the five investment institutions were shocked. In the face of this deadly bait thrown by Andy Smith, no investment institution could refuse, and all the investment banks in the United States, including Wall Street, knew one thing, and that was Andy. The development potential of several IT companies in the hands of Smith is huge. As long as they are all listed, Andy Smith may even become the youngest richest man in the world.

In particular, he has just acquired nbc Universal. You must know that this media empire, but the private company has not been listed. If you can get a part of the shares, they will definitely make a lot of money when they go public.

Andy looked at the five with a calm smile and confidence. He had too many chips in his hands. He was not worried that these vampires would resist the temptation. Look at them now. Just throw one out and let them show their greed. look.

"Why not?" Stephen Schwartzman, co-founder of the Blackstone Group, suddenly said, continuing with the confusion of several others, "I am very interested in Mr. Smith's proposal, and the future of Qualcomm needs to be more People with strategic vision come to lead you. After Apple launched the iCrazy mobile phone, the era of disruptive change has sounded the horn. The world has opened a new page. Qualcomm needs a longer-term strategic layout and development plan. I believe Mr. Smith Will lead Qualcomm to a more brilliant future! "

"Well, I agree with you, Stephen, I have no opinion!"

"Mr. Smith, we at State Street support your joining. If the price is right, we are willing to sell a portion of the shares ..."

"No problem. Over the past year, Qualcomm's magic has gradually disappeared, and its revenue and profit growth have declined. I am very much looking forward to Mr. Smith's ability to continue Qualcomm's magic!"

"We at Vanguard Group very much hope to become friends with Mr. Smith and deepen cooperation ..."

The curvature of the corner of Andy's mouth is getting bigger and bigger, and some sharp confident smiles. He raises his champagne and touches everyone, "Thank you, in the future, you will be proud of today's decision! Happy cooperation!"

"Happy cooperation! X5"