Vol 2 Chapter 205: Baidu acquisition

Chapter Two Hundred and Five

Baidu acquisition

On Lin Feng's desk, there were more than ten best-selling computer magazines and newspapers, which were sent by Tan Zhiming.

"Shuqi, give me a cup of Bi Luochun." Lin Feng yelled softly.

But no one responded after a long time. Lin Feng patted his head and shook his head helplessly. Only then did he remember that Huang Shuqi had returned to Chu City. Laughing dumbly, putting aside the faint love for Huang Shuqi, after personally soaking a cup of Bi Luochun, he returned to his seat.

When I opened the magazine, all of them were large and huge advertisements, and they all promoted mobile USB flash drives. Lin Feng counted more than ten magazines and newspapers. At least seventeen unheard of companies advertised with the slogan-"The life of flash drives and floppy drives", chanting goodbye to floppy drives, goodbye to diskettes, and having a compact , Don't carry a mobile "u" drive that is not afraid of data loss.

Then board the Internet and enter the popular computer websites such as "Pacific Computer Network" and "Computer Home" at this time. There are also overwhelming advertisements about mobile USB flash drives. The editors of major websites also spare no effort to recommend mobile USB flash drives. In his article, he spoke highly of the "mobile USB disk", thinking that it was time for users to bid farewell to the floppy drive. The article strongly points out several fatal shortcomings of floppy drives: small capacity, easy data loss, large volume, and slow speed.

The whole world seems to have entered the era of mobile U disk in an instant.

Lin Feng knew that this was the "power" created by Tan Zhi. There is a well-known "Moore's Law" in the computer industry-the number of circuits integrated on an integrated circuit chip doubles every 18 months, and the performance also doubles. In the same way, the price will drop by half.

Lam Fung's company now wants to consume 1 million each of 32m flash memory and 64m flash memory chips, which will definitely break Moore's law and let nand flash memory enter the boom period ahead of schedule. The direct result is an avalanche of flash memory prices. This was a big blow to Lin Feng, who bought 2 million flash memory chips.

Tan Zhi thought of using other companies to help him digest. This time, Tan Zhi registered more than 20 computer companies, and spent nearly 1.8 million yuan in advertising in various computer media, in order to create a "trend" and make many domestic companies mistakenly believe that mobile "u" disks have entered the spring. Chinese people have a habit of rushing to rush to see what is good, regardless of whether they are suitable or not, whether they can really make money, first go ahead and talk about it. Tan Zhi seized their mentality and used the overwhelming advertising to give some wealthy businessmen the illusion that they had spare money and did not know what to invest in. After all, mobile "u" disks don't have much technical content. Anyone can produce them as long as they have money.

As long as merchants follow suit, Lin Feng's 2 million chips can be quickly sold out. This is the same as the stock market. Lin Feng is now a market maker. He first creates all kinds of good news to attract retail investors to the market, and then sells on rallies. Of course, Lin Feng didn't want to use this to make money, mainly to keep the cost of his own mp3 players down and seize the mp3 player market. Only in this way can the price of mp3 players be lowered and reach the goal of one mp3 player within Linfeng 300.

However, the motherboard does not support mobile USB flash drives. It may take some time for mobile USB flash drives to truly enter the spring. When these people woke up, Lin Feng would definitely be cursed by others. This is what Tan Zhi said Lin Feng would be resented.

Lin Feng put the magazine away and stopped worrying about this. With Tan Zhi, he can sit back and relax. At the moment, the most important thing for Lin Feng is to solve the 24.78% of Baidu shares in Defengjie's hands.

Not long after, Lin Feng called Zhang Fan, the president of DFJ China.

"Mr. Zhang, good afternoon!" Lin Feng's tone was extremely relaxed.

"Dong Lin, good afternoon, do you still want to acquire 24.78% of Baidu's shares in our hands?" Zhang Fan tried his best to control his tone, but it was inevitable that he was a little rushed.

In less than a year, I made 2 times the profit, which is definitely a good investment. If it messed up, he really couldn't explain it to the headquarters.

"Yes, I do still have that little interest. But if Mr. Zhang still wants to open his mouth for 300 million, then I can't do it. I can only go to Google for cooperation." Lin Feng took the opportunity to use Google to come. Suppress Zhang Fan.

As we all know, Google’s current business is mainly in Europe and America, but entering Asia and China is definitely within Google’s future plans. It is normal for Lin Feng to cooperate with him.

"How can it be, according to Lin Dong said at the beginning, the price is 200 million yuan." Zhang Fan laughed.

"But I just want to buy it at 180 million." If Lin Feng didn't take the opportunity to lower the price, he would have been in the business world for so long.

Zhang Fan frowned repeatedly.

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After a final bargain, Lin Feng reached an acquisition of 24.78% of Defengjie’s shares at a price of 190 million yuan. Of course, the signing ceremony was naturally in Shanghai. When Lin Feng went to Beijing several times to find Zhang Fan, now it is Zhang Fan's turn to fly to Shanghai to find himself.

At this moment, at that moment, Feng Shui turns around!

Zhang Fan arrived in Shanghai the next day. After some simple cuts, Lin Feng and Zhang Fan reached an acquisition agreement. When Lin Feng signed, Zhang Fan's heart that had been hanging for a while finally fell.

In the afternoon, Robin Li received the news. After standing still for a while, Robin Li dialed Lin Feng's number.

"Dong Lin, I think you should be able to put the 70 million into the company's account to complete the transaction now!" Li Yanhong is not stupid, he has guessed where Lin Feng had previously stuck his funds. But it would destroy the cooperative relationship between the two people, and it can only be regarded as not knowing.

"Dong Li, don't worry, 70 million will go to Baidu's account tomorrow." Lin Feng didn't feel embarrassed. A businessman, a thin-skinned man is not good. Besides, this is just a commercial method.

"Then the next time the board of directors will invite Lin Dong to attend!" Li Yanhong sighed after hanging up the phone.

After Lin Feng acquired 24.78% of Defengjie’s shares, coupled with the previous acquisition of 12.5% ​​of Baidu’s shares, Lin Feng now owns 37.28% of Baidu’s shares and has become the company’s second largest shareholder, which gave Robin Li a very strong sense of crisis. , He didn't want his efforts to be swallowed up like this. Li Yanhong did not know at this time that Lin Feng had also acquired 4% of Baidu shares in idg's hands, otherwise I am afraid that the worries would be even worse.

In the afternoon, Xiong Xiaoge, president of idg China, announced that Lin Feng had acquired 4% of idg's shares. As soon as this news came out, the industry was shocked. Especially Li Yanhong and Zhang Fan.

When Li Yanhong heard the news in the office, his face was blue. With the addition of the 4% shares of idg, Lin Feng now owns 41.28% of Baidu shares, which means that Lin Feng can become the company's largest shareholder at any time, and even has absolute controlling rights in the company.

On the other hand, Zhang Fan looked annoyed, slapped himself fiercely, and secretly scolded himself for being confused. Why didn't he see Lin Feng's plan to "pass the Chen cabin secretly". At the same time, he secretly blamed Xiong Xiaoge, the president of idg China, if not him. How could I be slapped if I haven't announced this result for a long time. However, Zhang Fan was relieved that the headquarters did not blame Zhang Fan for this incident. After all, earning twice the profit in less than a year can satisfy anyone.

After the completion of the acquisition, Baidu's equity distribution: Lin Feng 41.28%, Li Yanhong 43.5%, Xu Yong 12%, and the remaining Baidu company management and employees own 3.22% of the shares.

"Li Dong, we should talk to Lin Feng." Xu Yong suggested.

Li Yanhong was silent. Baidu was his painstaking effort, and it was also where he hoped. Unexpectedly, Lin Feng suddenly smashed it horizontally, which made him extremely uncomfortable. And more importantly, Lin Feng's shares have approached his shares. As long as he raises one more time in the future, Lin Feng's financial resources can easily surpass him, and then the company will no longer be in his charge.

"Well, you help me make an appointment with Lin Feng." Li Yanhong nodded and said after a long time. But when Xu Yong picked up the phone, Robin Li changed his words again, "Forget it, let's go to Shanghai, so that we are more sincere."

Li Yanhong is also helpless, the situation is better than others. He has a long-term five-year plan for Baidu, and he does not want Lin Feng to destroy it at a critical moment. Besides, he only owns 43.5% of the shares. If Lin Feng also bought the shares in Xu Yong's hands, the consequences would be unimaginable. Although Xu Yong has been cooperating with him so much, it is really difficult for the so-called partners to be 100% trustworthy because of the interests.

It is not that Lin Feng has never thought about acquiring Baidu shares in Xu Yong's hands and completely becoming Baidu's controlling shareholder. But Lin Feng gave up after thinking about it. If the acquisition is made at this time, Xu Yong will inevitably open his mouth. Although compared with the future market value of Baidu, it is still much inferior, but these actions will surely anger Li Yanhong.

Robin Li contributed the most to Baidu's later influence. Without Li Yanhong at the helm, let Lin Fenglai Holdings take charge of the daily administrative management and development direction, I am afraid that Baidu may decline in this way.

Moreover, Baidu’s leading technology lies in Robin Li and his technical team. He turned out to be the leader of Baidu. Robin Li must really pick up his son, and even confuse the technical team to resign. Baidu, which he acquired by 300 million yuan, is a vacancy. It's just a shell. Therefore, Lin Feng finally gave up this very attractive idea. Moreover, as long as it is listed, it is a matter of money that Lin Feng wants to become the owner of Baidu.

The next day, Robin Li and Xu Yong flew to Shanghai and met with Lin Feng.

"Dong Li, don't worry, I won't point fingers at Baidu's daily affairs. I am optimistic about Baidu's future prospects and influence." Lin Feng knew that Robin Li was so anxious to see why he came, so he comforted Robin Li when he opened his mouth.

"Dong Lin, it is Baidu's fortune that you are so wise. To be honest, I have a five-year plan for Baidu. Within five years, I want to develop Baidu into the world's third largest engine company after Yahoo and Google. If Lin Dong intervened arbitrarily at this time, I'm afraid..." Li Yanhong didn't say anything later, but everyone knew it well.

"Hehe, don't worry. I only ask for one point. All of my companies, Baidu, must give priority to them." Lin Feng said.