Chapter 995 For sale?
Chapter 995 For sale?
In two years, in 2016, America will have another general election.
This means that they will hold midterm elections this year.
The United States midterm elections refer to regular elections held every four years in November of the second year of a president's term.
The election mainly involves the re-election of seats in both houses of Congress, including all 435 seats in the House of Representatives and approximately one-third of the seats in the Senate.
In addition, the midterm elections may also involve the elections of governors in some states and local executive and legislative bodies.
Midterm elections are an important event in American political life, and their results may have a significant impact on the president's governance for the rest of his term and future presidential elections.
For example, in the mid-term elections this year, the Elephant Party won and occupied the majority of seats in the House of Representatives. This led to the fact that the policies promoted by Ao Guanhai encountered many obstacles afterwards. Even the Affordable Care Act, which he attached the most importance to, was rejected many times. The version that was finally passed had been changed beyond recognition...
The Fair Vision super PAC, funded by IC Capital, will also provide funds to the politicians they work with in this midterm election to help them get better positions.
When Ivanta faced charges from the FBI, the congressmen funded by this super PAC made timely public statements in support of Ivanta, which also put considerable pressure on the FBI.
You know, even the FBI director has to be careful when facing certain powerful congressmen, lest these people find the FBI's omissions and launch a large-scale attack.
It is worth mentioning that the politicians who “donate” to the “Fair Vision” Super Action Committee are not only from the Elephant Party. Even members of the Donkey Party can become “partners” as long as they can cooperate.
If you only lean to one side, it's easy to narrow the road.
……
"I told you last time that China's Lenovo Group also hopes to buy Motorola Mobility from us..."
Ivanta suddenly thought of this and said to Barron.
"Although Motorola's mobile phone business has improved significantly, the sales of the main models launched in recent years have been mediocre. Compared with those Japanese mobile phone brands, they are much better, but even among Android phones, they are far behind Honor Electronics and Samsung..."
In fact, the most crucial point is that IC Capital wholly owns Android, but they also own Motorola Mobility. This will make other mobile phone manufacturers in the "Android Alliance" more or less worried about whether Android's operating system will provide more resources to Motorola Mobility...
After all, Barron already has Honor Electronics, which is more comprehensive and successful. If it has to choose between Android and Motorola Mobility, Android is undoubtedly more important...
Ivanta naturally understood his thoughts.
And it is true that in these years, although Motorola Mobility, which was on the verge of bankruptcy, was successfully rescued, and although the company's mobile phone business is no longer as glorious as it was in 2005, competing with Nokia for the glory of being the world's mobile phone overlord...but at least it can still be considered second in the mobile phone industry, unlike Japanese mobile phone manufacturers, which can only be classified as "others" in global market share.
But this process was indeed very exhausting - when Ivanta was pregnant, she had to deal with some Motorola Mobility reorganization matters.
Moreover, in terms of revenue, Motorola Mobility's current mobile phone business does not even rank at the top in the IC capital industry.
Therefore, although she was a little reluctant, she still said to Barron:
"If they can offer a good price, then selling Motorola Mobility's mobile phone business is also an option..."
In fact, as early as 2010, after Motorola was split into two, Lenovo Group's then chairman and CEO Yang Yuanqing came to the United States and went to Motorola headquarters to try to negotiate an acquisition...
However, because Yang Yuanqing met the wrong person in charge - Brown, the CEO of Motorola Systems among the co-CEOs of Motorola, rather than the person in charge of the mobile phone business, the negotiations failed to continue.
Then, IC Capital and GII Fund acquired Motorola Mobility for $105 billion...
After that, Yang Yuanqing still did not give up. After IC Capital completed the acquisition, they contacted Ivanta through Goldman Sachs and expressed their desire to purchase Motorola Mobility's mobile phone business from IC Capital.
However, Ivanta was already preparing to revive Motorola Mobility at that time, so he declined the other party's proposal.
After that, by adjusting Motorola Mobility's mobile phone business, cutting some R&D centers, and focusing on the R&D of Android-based mobile phones, Motorola Mobility began to turn losses into profits and survived.
However, Lenovo Group has not given up its pursuit of Motorola. Not long ago, it contacted Ivanta again and proposed the idea of acquiring Motorola's mobile phone business...
"How much are they offering this time?"
"They only want to acquire the mobile phone business, including the key patents, and the offer is $28 billion..."
Uh……
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Baron remembers that Lenovo in his previous life eventually acquired Motorola Mobility for $29.1 billion...
But at that time, Motorola Mobility was already half-dead in Google's hands, so Google could naturally accept the price of US$29.1 billion.
But the current Motorola Mobility is different from the original time and space. At least its mobile phone business has improved significantly and successfully turned losses into profits...
"It's too low. Even if we want to sell the mobile phone business, we need to get a good price. I think it's not worth considering if it's less than $35 billion."
Hearing Barron's words, Ivanta nodded:
"I think so too. You can give them this reply first."
It seems that IC Capital acquired Motorola Mobility for $105 billion, but now it is selling it for only $35 billion, which is a huge loss...
In fact, this is not the case. After all, after they acquired Motorola Mobility, the company still had $25 billion in cash in its account, which means that the actual cost of IC Capital's acquisition this time was $80 billion.
In addition, Motorola Mobility's most valuable asset is its mobile phone patents. At that time, Motorola Mobility had approximately 1.7 authorized patents and 7500 patents pending.
These patents cover core technologies in the field of mobile terminals and are of great significance to Android in building a patent protection umbrella for the "Android Alliance".
But now what they are selling to Lenovo Group is only the mobile phone business of Motorola Mobility and the set-top box business, and it is the authorization of the core patents to the other party. Those patents will still remain in IC Capital - specifically, these patents will be injected into Android.
This is why Google spent more than $120 billion to acquire Motorola Mobility, and was willing to sell Motorola Mobility to Lenovo for only $29.1 billion...