Chapter 1477: Don't buy it (subscription)

Feng Yu is looking at the financial statements of the Bingcheng Machinery Manufacturing Group. Liu Chuanzhi called over.
"Old Liu, what is it?" Feng Yu asked casually.
At this time, it is definitely a matter of thinking about the group or even thinking about Yinshan. If other subsidiaries are involved, Liu Chuanzhi and Zong Qingxian can basically decide on the matter.
"Feng, do you still remember, when I said that I wanted to acquire ibm's pc business?"
"Remember, isn't the other party not willing to sell it? We all intend to pay with cash and stock, the other party still disagrees, how, you still want to buy now?"
The acquisition of ibm, you can get some good technology, but also get brands such as think, plus the other's sales channels and factories, then even the group will soon become the world's PC industry production and sales, which is earlier than the past.
But there are also disadvantages, that is, ibm's pc business at this time has no profit at all, and even has a lot of liabilities. And even before the group wants to acquire, the other party will definitely take the opportunity to list some debts into the pc business unit to reduce the overall debt ratio of ibm.
The focus of ibm's work has shifted from hardware to software. Their pc department sold, but did not sell the overall hardware. Going back, they will be produced from pc and become design. This will reduce a lot of costs, and you don't have to worry too much about the PC price drop and their impact.
At this time, the highest average price of PC is ibm and fruit company. Once the PC price drops again, it will seriously affect their profits, and even if it is not good, it may lose money.
"Feng, I really want to buy it, and this time the other party took the initiative to contact me, it sounds sincere. And the initiative is in our hands, talk about it should be no harm."
Liu Chuanzhi has always been very enthusiastic about ibm's pc business, and now the opportunity is in front of him, making him very difficult to give up. In his years, ibm is the leader of the world's pc industry, or the leader of the entire IT industry.
It is very glorious to be able to acquire ibm, even if it is just a business.
Feng Yu reminded: "Old Liu, have you always used ibm as the boss of the world pc industry? Thinking of if they acquired their business, it seems that we are rising, and there is a feeling of turning around and being the master?"
"Old Liu, you don't want to buy ibm's pc business, but I want to remind you that ibm's pc business is no longer the leader, and even they are not as good as us. Their products are old-fashioned and some patents are kept. There is neither authorization to go out to make money, nor to use patents to block other vendors."
"Their pc business is going downhill. You have to see this clearly. Don't think that ibm has a lot of orders at this time. After we take over, we will definitely make money. You think about it, many orders of ibm are the national axe. Group orders with big companies. You recall, when we even wanted to make our own computer, did our government axe purchase ibm computers?"
"It is not impossible to open a backdoor program on the computer to monitor and steal information. Why is it necessary for our country to come up with a thought, not for computer security? Is this not the case in the country?" After ibm's pc business entered our hands, do you think those political axes will continue to place orders with us?"
"Our acquisition, orders will be seriously shrunk. And ibm's product design philosophy, and we think the group's design is completely different, they focus on the office, we focus on entertainment. Although the acquisition of them, can make up for us The technical gap in office computers, but how big can it be?"

The most cost-effective way is to buy the technology that we like in ibm company. As for their factory, we don’t need it, their sales channels, we don’t need it now, their brand, we don’t need it anymore. There are certain advantages to operating multiple brands, but there are certain disadvantages."
"Remember that I told you about the use of cars. They are a lot of brands, too scattered, causing their propaganda not to focus, the links between brands are not enough, so sales and profits are falling, being Island companies and European companies have seized the market."

We now use the series to differentiate product performance, which is enough for different user groups. It’s enough to buy new technology, upgrade our products, and then launch a new series. It’s no need to operate more brands, especially It is ibm that will not sell the entire brand to us, at most authorized use."
"We sell products and help them promote the brand. In this case, do we even think that it is not a foundry? And ibm is not the same as the ibm of the year. Although we do not exceed them in terms of assets, but in terms of influence, already Not much weaker than them."
"And with this pc business dragging them, we can catch up and surpass them faster! So my suggestion, do not buy ibm pc business, you can buy some of their patented technology. If you have to buy, then I don't I agree to give ibm a group of shares, I think our appreciation potential is even greater."
After Feng Yu’s remarks, Liu Chuanzhi spent a long time. Yeah, why did he have to buy ibm's pc business? Is there a kind of dream in the beginning? But ibm's pc business, it is better to think about it?
Some of the advanced technologies of ibm can be purchased, or step back, and authorization is also possible, which is more cost-effective than buying it as a whole.
I thought that ibm still has a huge market in the United States, but if you want to buy it, it is really possible that, as Feng Yu said, the orders of political axe and big companies are gone.
As for the factory of ibm, I really don’t even think about it. The old factory has low productivity and the wages of workers are not low. Even if you want to build a factory in Brazil, the Americas will be supplied by the Brazilian factory.
In other words, in the ibm view, the value of the PC business sector is not very useful for even the group. If the acquisition comes over, it will be uneconomical to let the group think about it.
Liu Chuanzhi understood this moment, ibm did not sell at that time, I feel that the profit is not bad. Now, if you want to sell it, it must be that the profit is insufficient and you may even lose money.
Ibm is not a perfect idea, but a baggage, or a heavy burden.
After thinking about this, Liu Chuanzhi told Feng Yu that he knew how to reply to ibm.
The person in charge of the ibm pc business received a call from Liu Chuanzhi, with a smile on his lips. After selling the pc business, he will be responsible for the server, and with this credit, he may still be able to raise his salary.
However, the words from the phone made him change his face.
"Miller, we even thought that the group decided to give up the idea of ​​acquiring IBM's pc business after research and decision."
What? Do you want to buy it? !
... (to be continued.)