Lang Hongjun was busy saying, “It was an old American communications company.”
Ye Chen asked, “What is the current market value of that company?”
Lang Hongjun thought about it and said, “The company was very prosperous some years ago, and its market capitalisation exceeded ten billion dollars at its peak, but as the bubble continued to burst and its performance continued to decline, when I was fired, the market capitalisation must have been just over one billion dollars.”
Ye Chen nodded and asked him, “What is the bottom line of this business?”
Lang Hongjun said, “The bottom of the software and hardware technical level is very good, but the reason why it went downhill over the years is mainly because the market direction did not find the right direction, the person in charge misjudged the development direction of the communication market, and then gradually killed its own to-C side business, and then turned to eat the old capital, turning to provide hardware equipment and technical support for other communication enterprises. ”
Ye Chen said with surprise: “That just suits us, if its business is doing very well and its market value is very high, it would be difficult for us to take it down instead, and after taking it down, the to-C business would also involve a lot of our experience, but now since it specialises in hardware equipment and technical support, isn’t that just suitable for serving us? After all, we’re not seeking to start a new communications company in the world either, we just want to establish our own communications network as soon as possible.”
Lang Hongjun nodded and said, “If combined with our situation, it would indeed be suitable, many of this company’s technologies, we can take them over and use them directly, and the company is left with almost all scientific researchers, although the market is doing a mess, but the R&D strength should not be underestimated.”
Ye Chen did not think twice and said, “That’s it! Older brother, pack up and come back to America with me right away!”
Lang Hongjun was surprised and said, “Back to America? Mr. Ye, I’ve only been here for a few days, I haven’t sorted anything out yet ……”
The company’s market value is around one billion dollars. As long as he is willing to make an offer, I can offer up to two billion dollars, as to how much can be negotiated down, that depends on your ability.”
Lang Hongjun’s jaw dropped as he listened and said offhandedly, “Mr Ye …… You really want to buy that company?”
“Yes.” Ye Chen nodded with certainty and spoke, “Buy it and then let it design the satellite for us, since it has ready-made technology, it should be able to design the satellite in a few months, right? Then use a few more months to produce it, and it will be ready for launch in the first half of next year.”
Lang Hongjun said with some excitement, “It won’t take that long! That company itself is developing communication type satellites for many large companies, both the technology and the supply chain are complete, if we can successfully acquire them, we only need to make certain customization adjustments to the original foundation and we will be able to put it into use, and within three months at the earliest, we will be able to develop our own communication satellites according to our own needs.”
Saying this, Lang Hongjun added, “If we book our launch quotas with commercial launch companies now, our own satellites will be in orbit in the autumn/winter season this year at the earliest!
Hearing this, Ye Chen said without thinking, “Good! Great! Older brother, if you come back to the US with me this time, you must take down this company against all odds!”