Extraordinary Genius

Back in the car, Kirilenko asked excitedly, "Feng, is IBM going to swap shares with Lian Wang Yinshan? How? When does it start? ”

“Calm down, the matter is still under study. ”

Letting IBM in would make Silver Mountain's equity composition even more complex. Feng Yu, Kirilenko, Huaxia State-owned assets, as well as individual shareholders such as Bo Jun, Lei Dajun, Liu Xuezhi, etc.

After the listing, Li Zeyuan and Fu Guangzheng both bought some shares. If this is true for the average company, it is absolutely fine. There are too many joint ventures. There are many other enterprises in Huaxia that are held by foreign capital.

But even thinking that Silver Mountain has grown too fast, it has now been recognized by many peers over IBM, hidden the meaning of challenging the world's first Microsoft, even in the HOS system has been the industry's number one.

Why should big countries have their own computer brands and develop their own systems? Just worried about computers being studied in other countries, there will be some backdoor programs, unconsciously stealing your information.

Isn't there such a plan on the US side? In fact, Huaxia and Russia must not have it?

That's why in the future, many politicians ~ customers don't like to use smartphones, they only use functional machines, think this is safer.

After all, IBM is a US company, and their PC was once the main source of procurement for the US political axe department. If there's nothing behind this, ghosts don't believe it.

Even though Silver Mountain's system is an open-source LINUX system, it is also very difficult to develop such a mature application system, otherwise Silver Mountain will not be the only one to do so today.

IBM made an attempt, and they found it difficult to circumvent the patented technology blockade of Lenovo Silver Mountain, so they thought about working together. After all, IBM is also the world's third-largest software company at this time and is equally well known in the IT industry.

If IBM became a shareholder of Lenovo Silver Mountain, it would be easier to promote it in North America, and even IBM promised to put Lenovo's PC on the political axe purchase list.

Even in Europe, the influence of IBM cannot be underestimated, as can the combination of Lenovo Group and Lenovo Silver Mountain, which suppresses Microsoft.

IBM drew a biscuit, Feng Yu and they were discussing whether to eat it or not, and the boss wouldn't object.

At the time, Kirilenko became a shareholder of Lenovo Silver Mountain, because Kirilenko used the software company he founded in Russia as a whole to invest in Russia, equivalent to the expansion of Huaxia's company to Russia and its ability to occupy the Eastern European market, which was a very honorable thing and certainly not objected to.

Besides, Huaxia's relationship with Russia is good, at least closer to the US.

This time, IBM and Lenovo Silver Mountain will definitely not let Lenovo Silver Mountain acquire IBM, just exchange some shares, become each other's shareholders, and have a director to work with in many businesses.

Is IBM powerful? Powerful. First in terms of technology and business services, first in terms of market share, third in terms of software, third in terms of electronic technology research and development, and top in the world, are definitely qualified to compare with any company in the IT industry.

However, after this financial crisis, IBM's market value has fallen considerably, to less than $150 billion today, but it is also higher than even Think Group and Think Silver Mountain.

Even after L-PAD was first in the industry, the market value also climbed, and now it is just over $50 billion in market value.

Without L-PAD, it might be even lower, and who makes PC companies less profitable and less desirable?

Even thinking about Silver Mountain, the market value has soared all the way over Lenovo Group, the market value has reached more than $70 billion, which is completely different from previous generations.

But it turns out that the combined market value of Lenovo Group and Lenovo Silver Mountain is not as high as that of IBM. If you switch shares, shares of the same value will weigh completely differently.

Lenovo Group's potential is not particularly high, as simply selling hardware and equipment is not profitable per se. Without L-PAD, the market value of the group would probably be less than $40 billion.

But unlike Silver Mountain, Microsoft market value can still be 200 billion dollars after constantly falling. Even if Silver Mountain is slightly worse, the market value is not much worse than expected. Many investment banks are now constantly upward thinking about the fair price of Silver Mountain stock, and think it is well worth buying.

Feng Yu also believes that even thinking about the true value of Silver Mountain should at least not be weaker than IBM, and should even be similar to Microsoft. After all, there are HOS systems, antivirus software and office software. There is hope for the future to surpass them and become a leader in the software industry.

So now the stock conversion is very inexpensive. If Feng Yu would even think that Silver Mountain exchanged shares with IBM on a one-to-one basis, IBM would disagree, after all, at this time the market value of the two parties is more than double.

Coupled with other issues, such as security, it was very difficult to cooperate.

The benefits of cooperation are obvious, with the help of IBM channels, even think that Silver Mountain's system and software sales can be greatly improved, with great potential to suppress Microsoft.

Feng Yu is also considering whether to lower his conditions and facilitate cooperation with IBM for the sake of the current suppression of Microsoft.

But what if IBM asks to enter the core research business, and IBM's technology is there, and they are definitely qualified. But in this way, if IBM is separated from Lenovo Silver Mountain again, it is very likely that they will be able to launch their own PC Window operating system, which is the same as Lenovo Silver Mountain, then Lenovo Silver Mountain will in turn fall into passivity.

After all, IBM's relationship with Microsoft has always been good. Did Microsoft ever give it to IBM agents, and then stand on its own doorstep to gain today's scale and status?

After Feng Yu explained the situation to Kirilenko, Kirilenko asked: "Feng, don't you trust IBM? ”

Feng Yu suddenly realized that, yeah, he had no trust in IBM.

If you don't trust each other, why are you reluctant to cooperate? While cooperation may lead to better development, such risks are not worth taking.

Feng Yu and Kirilenko also said that the first priority of cooperation was the trust of both parties, and then the interests. Without trust, he won't cooperate.

“Kim, frankly, I don't trust IBM, so I don't want to work with them. What do you think? ”

Kirilenko is also a major shareholder of Yinshan, and Feng Yu should also ask his opinion, which is a kind of respect.

“Since you don't want to cooperate, you don't want to cooperate. Without IBM, we could grow up just as well, and I don't want one more shareholder to come in and share the money with us.” Kirilenko answered painfully.

“Well, then we won't cooperate. But don't worry, we think the market value of Silver Mountain will continue to increase and profits will continue to increase. The number one throne in the software industry in the future must be ours! ”

……