Chapter 263 Bulldog
If you just look at Chen Fuyang's appearance, he is quite distinctive. In his previous life, he had a nickname called "Bulldog". To be honest, in terms of appearance, they are somewhat similar.
However, when it comes to him, in the impression of the industry, he is a vicious "capital predator".
It can be seen from Chen Fuyang's resume that he has experience as a senior executive of an investment company. He was also the vice president in charge of financial affairs at Commodore International.
Just like he later led the semiconductor company to complete its listing in the United States, and through steady and ruthless acquisitions, it became the fifth largest semiconductor company in the world after Intel, Samsung, TSMC and Qualcomm. Its business spans Related chips for smartphones, set-top boxes, wireless WiFi and many other fields.
In short, the companies he likes cannot escape the fate of being acquired by him in the end.
It is precisely this point that Barron values this Chinese executive who is over 50 years old.
"Mr. Chen, there is an investment company, and I hope you can become the person in charge..."
Before meeting Barron, Chen Fuyang had not considered the possibility he mentioned, that is, poaching people. After all, with his qualifications at this time, there are not a few companies that he contacts directly or through headhunting companies every year.
But when Barron mentioned the name of the company, he was still a little confused...
Rich23 Capital?
From the information Barron gave him, Chen Fuyang learned that this investment company has only made one move so far, that is, its subsidiary Pioneer Sports acquired the F1 event operating company. The original SLEC company is now renamed F1 Group.
This acquisition can be said to be one of the biggest news at the beginning of this year. After all, the F1 competition itself is quite influential in the world. Being acquired by such an unknown company still surprised many people.
but……
I have no experience in the sports industry at all!
Seeing the confused expression on the other person's face, Barron smiled and said:
"Actually, Rich23 Capital's other businesses will not take up too much of your energy. The most important thing is that I hope you can help me complete the next acquisition. I am planning to acquire Agilent's semiconductor business."
Agilent?
It is impossible for Chen Fuyang, who is in the semiconductor industry, not to have heard of this company. It was originally spun off from Hewlett-Packard in 1999. This company's semiconductor business is much larger than the ICS where he is now. .
"Semiconductor business? With all due respect, Mr. Cavendish, your previous business was not involved in this industry. Why do you suddenly want to acquire it?"
"It's very simple. I think the next 20 to 30 years will be the era of mobile communications and related network technologies, so I bought O2 Telecom and invested in Apple, Google and other companies, and related hardware and semiconductor businesses are among them. An important part.”
Barron was very satisfied with Chen Fuyang's surprised expression at this time. He said calmly:
"Mr. Chen, not only will I give you a better salary than what you have now, but I will also give you the greatest power. In terms of the semiconductor business, I hope you can help me build a semiconductor empire."
"But it is not easy to buy Agilent's semiconductor business. Even if I make a simple estimate, it would require more than 2 billion US dollars..."
Barron had already anticipated this. In his previous life, private equity funds KKR and Silver Lake Capital acquired the semiconductor business of Agilent, which was renamed Avago, for US$2.66 billion in 2005.
At that time, they invited Chen Fuyang to serve as the company's CEO. The latter successfully led Avago to be listed on Nasdaq in 2009 with his excellent business management capabilities.
The semiconductor industry is very interesting. It has a very obvious cyclical nature. It often takes three to four years as a cycle. At the peak, the market value of a certain company can increase several times, and at the trough, it will drop by more than 50% than before. .
Now in 2004, it happened to be the time when the semiconductor market fell to the bottom after experiencing the previous trough. Therefore, if we were to acquire Agilent's semiconductor business now, it would be far less expensive than the original price of US$2.66 billion in 2005. It would be almost 20 A billion dollars is enough.
"That's no problem, Mr. Chen. I forgot to tell you that there are still 2 billion pounds in Rich23 Capital's account."
"I need to think about it..."
"No problem, Mr. Chen, I'm waiting for your reply."
As for revealing this to him, what if he doesn't agree?
In addition to Barron's confidence that Chen would not turn down an opportunity to run a more powerful semiconductor company, the other party also signed a confidentiality agreement before they had this conversation.
The most important thing is that to be able to reach Chen Fuyang's current position, he should understand what things should be kept in his stomach.
…
"Are you done talking? Honey."
"Yes, honey, let me go for a walk with you."
Los Angeles has a mild climate with bright sunshine all year round, which is much warmer than London.
However, February here is the wettest time of the year, with a lot of rain.
It was a rare good weather this year. After Barron put on Rebecca's coat, he took her hand and walked outside to the beach.
Rebecca's due date is in April, which is just over two months away.
Therefore, not only did they not move very fast along the way, but Barron also kept an eye on Rebecca's situation.
This also made her smile sweetly:
"Don't be so nervous, honey. When the weather is nice, my mother will accompany me for a walk."
But seeing Barron's current appearance, she still felt very sweet in her heart.
Although it usually takes two or three months for the two of them to see each other again, Rebecca usually pays close attention to Barron's news. Knowing that his business is getting bigger and bigger, he will be busier, which she can understand.
Many times, she would even explain a lot to Barron in front of her mother.
And after seeing him, all that was left was happiness.
It has to be said that despite the circumstances of the two of them, Rebecca will not be the woman standing in the sun.
But when she first met Barron, it could really be called love at first sight, and now he can ensure that she lives the best life.
When Rebecca was very young, her parents divorced, so she didn't have much vision for marriage. Now, she feels good about it.
He continued to stay in Los Angeles for two or three days, during which time Barron also met with Schwarzenegger.
Now that the "Terminator" has taken office as the governor of California, the matter that was entrusted to him before, the lawsuit regarding the Skype team, has also been resolved. In the end, Barron spent US$15 million to reach a settlement with those copyright owners. , they will no longer hold the Skype team responsible for this matter, and will instead file a claim against the current owner of the Kaaza software.
Before Barron left Los Angeles, Chen Fuyang also gave a reply.
Barron was not disappointed, and he agreed to join Rich23 Capital and become the CEO of this investment company.
After he takes office, the first thing he will do is to go to Agilent to acquire their semiconductor business on behalf of Rich23 Capital.
This kind of business is not unfamiliar to him, especially after knowing that Rich23 Capital has sufficient funds, Chen Fuyang seems to be very confident.
