Vol 6 Chapter 51: Smart Nokia

57 Novels.com, no pop-up advertisements, read the whole site's novels online, the website of this site:, register for free bookshelf. "Collins," Feng Yiping was a little surprised and moved when seeing the gray-haired Collins getting out of the car, "Where can I come here in person?"

"Haha, long time no see," Collins in a woolen coat embraced Feng Yiping enthusiastically, "You are a rare visit, so naturally I have to come in person."

"It's cold, get in the car,"

It was really cold, and there was still snow on the streets of Chicago.

It has been several years since we first met, but Collins seems to have basically not changed much.

This should be the normal state of all those who are getting older, but have always held heavy weights and are at the peak of their careers. Their 60 years old and 50 years old, it seems that there will be changes, but 65 years old and 60 years old, really will not have What a change.

And now Collins can be called the most vigorous time.

In the 2006 ranking of the top 100 fastest-growing companies published by Business Weekly, navteq, which he is in charge, ranked 5th!

The other brands on this list are cleaning, public, so everyone is very familiar with flat photography, and navteq, it is estimated that many people have heard of it for the first time.

Although they have actually used navteq's services for many years, such as the navigation equipment in their cars, when they use the Google map search service..., they are actually using navteq.

The navteq, which originally did not show the mountains and dew, was so beautiful for a while, which naturally made Collins look more energetic and younger.

"This time, are you tempted?" Feng Yiping asked.

Collins looked at Feng Yiping, as if to say how you could tell.

"This is the first time you let me join the board of directors because of the acquisition," Feng Yiping said softly.

"Oh, yes," Collins nodded somewhat self-deprecatingly.

Prior to this, there were companies from time to time, such as Garmin, the largest car navigator manufacturer; Tomtom, Garmin's biggest competitor; and Yahoo, which has been buying non-stop, not buying will kill stars. They all said Intention to acquire navteq.

But in those few times, Collins didn't bother Feng Yiping at all.

This time, he made a special trip to invite Feng Yiping over to join the board of directors on this issue, which naturally showed his attitude.

"The main thing is that the board of directors has many shareholders, and this time they agree," Collins said.

Feng Yiping thought, the most important thing was that Collins was moved by himself.

Looking at the gloomy and cold sky outside, "Have you seen the iPhone released by Jobs? The spring of our electronic map is coming," Feng Yiping said.

"Yes, if smart phones move closer to Apple in the future, it is certain that the software business on smart phones will be bigger than the smart phone market in the future," said Collins.

Feng Yiping looked at him with some surprise, even he would have such an opinion?

The original intention of his sentence is that in the future, electronic maps will become the standard configuration of smart phones, which means that a market larger than car navigation is about to start.

Because there are definitely many people who use smart phones, not necessarily cars.

However, he can actually see another change brought about by smart phones?

As far as he knows, even Jobs himself is actually very reluctant to let his mobile phone install applications developed by other developers. Many people inside Apple are still competing with him on this issue.

On this issue, he actually sees farther than Jobs?

This is a bit abnormal.

"May I ask, which company initiated the acquisition proposal that moved you this time and made many shareholders agree?"

Collins took out his phone from his pocket, "This one,"

Feng Yiping looked at it and found that it was a distinctive mobile phone with an all-metal casing and a sliding cover. There is no doubt that this is a Nokia mobile phone, n91?

"Nokia?"

"Yes, it is Nokia,"

Nokia wants to acquire navteq? Feng Yiping really has no impression of this.

At least, this explains why Collins has such a clear understanding of the software market on smartphones.

His view naturally comes from Nokia.

"So, their offer should also be very exciting?"

"The initial offer, $6.5 billion," Collins said in a low voice.

But Feng Yiping could clearly hear the excitement in his words.

Feng Yiping was also a little excited when he heard this number at first. So, his investment of US$5,000 in 2003 has now become at least US$650 million?

In more than 3 years, the return was more than ten times. From an investment perspective, this is definitely a very successful investment.

"Feng, what do you think about this?" Collins asked, looking at his face.

"Me?" Feng Yiping looked out the window, "I have no opinion,"

To say, Nokia's vision is really good.

Feng Yiping knows very well how important lbs, or location-based services, will be for many industries in the future.

This can be seen from the fact that when we install an app on a mobile phone, no matter what the app is, a permission request to obtain your location will pop up.

In the future, where is the only car that needs navigation and positioning?

Nokia, perhaps, no, should definitely not see this clearly, but their keen awareness and accurate electronic maps are important to smartphones.

This can be regarded as wrong or wrong.

Feng Yiping is not too clear about whether navteq has been acquired by Nokia and its development, but based on his understanding of the future, he can conclude that the acquisition of navteq is a shrewd decision by Nokia, just like Chief Yang invested in Ali.

So, all these well-known companies are not simple, even Nokia is still a little indifferent after Jobs released the iPhone, and still sticks to its Symbian system, so it has to sell itself a few years later.

This is also the reason why he is a little unhappy.

Navteq, one of the world's top electronic map companies, actually really wanted it, but I went, Nokia offered a price of 6.5 billion US dollars, and the final transaction price might be 7.5 billion US dollars.

For Feng Yiping, this is also a very large number.

It is not that it is impossible to raise funds, such as the transfer of a part of Facebook’s shares, but considering the future development of Facebook, this is really not necessarily a cost-effective business.

Considering the subprime mortgage crisis next year, it is also unreasonable to spend such a large sum of money now.

In fact, in the final analysis, his current strength is somewhat insufficient.

Alas, it’s been a long time since I was short of money.

No matter when, this feeling is not very good.

Just, Nokia!

I don't know how much cash reserves are in the hands of the giant at this time, so that they behave so well, and it is such a large-scale merger and acquisition all at once.

Come on, there will be times when you cry without tears.

It just so happens that I haven't made up my mind on whether to make a smartphone, so in the future, can we buy Nokia?

By the way, who acquired Nokia later, Google or Microsoft? ...

He thought a long way, and Collins’ words brought him back~www.wuxiaspot.com~Although we may not have the excellent negotiating skills of Feng you," Collins said, "We have all seen your wonderful performance in the Skype sale ,"

"This time, if the board of directors can get the board's authorization, the final transaction price will definitely be higher than $6.5 billion."

"Have you let out the wind on Motorola?" Feng Yiping asked.

As the two giants in the mobile phone market at this time, Nokia and Motorola are also competing fiercely in all aspects.

At this time, no one can replace the role of Motorola's price hike.

"Not only Motorola, but also Microsoft, Yahoo, Google, including Garmin and Tomtom, should have been affected by the wind at this time," Collins laughed.

This old guy has a dark heart.

However, this is also normal. At this time, if you don't want to raise the price, you are a fool.

"Then, this drama will be very exciting," Feng Yiping said.

"Feng, what do you think?" Collins asked again.

Obviously, his proposal for this acquisition was not an ordinary tempest.

"Nokia's strength in the mobile phone field, we all know, we can also imagine the future application of electronic maps in the mobile phone field, so joining Nokia is obviously very beneficial to the company's future development," he said.

He was worried that Feng Yiping felt that the reason why he agreed with this acquisition proposal was only for money.

People need face.

"Before I talk about this issue, I would like to discuss another issue with the board of directors," Feng Yiping said. "I hope we will first talk about the issue of Jiasheng's acquisition of Navteq and Jiasheng's joint venture in China." Feng Yiping Yiping said.

Collins was stunned for a moment, and then said happily, "I will add this to the agenda of this board of directors."