Chapter eight hundred and eighty nine waves
When Chen Chu heard Google's offer, he was stunned for a moment. To be honest, Skype's valuation is now very high. You should know that the revenue scale of Skype last year was less than 100 million US dollars, and its profit was only nearly 10 million US dollars. Such a company has a valuation of 900 million US dollars, which shows how much it is overestimated!
Chen Chu let out a long sigh. He was a little doubtful that Internet giants such as Google and Yahoo were stimulated by Renren Technology and could give such a price to software companies like Skype.
In fact, not only Renren Technology was disrupted by Google's sudden move, but the negotiations with Skype were also suspended due to Google's sudden bid.
The entire Internet technology industry was also shocked. No one expected that the competition for Skype would have reached such a point, and it even tasted a little crazy!
In the outside world, people are discussing whether Google’s offer for Skype is too high. After all, this has far exceeded the value of Skype. Whether it can be repaid in the future is different.
At this moment, Yahoo suddenly announced that it would also issue an acquisition agreement on Skype for a price of 900 million US dollars, including 400 million US dollars in cash and 500 million US dollars in Yahoo stocks. After the acquisition, Skype will become one of the important industries under Yahoo!
The emergence of Yahoo has completely made the entire market crazy. Skype, a software company that mainly sells Internet phones, suddenly became a hot commodity, which attracted Yahoo and Google to rush to grab it!
Yahoo's life has been very difficult in the past two years. Google has risen, eroding Yahoo's large search market and share, and advertising revenue has stagnated for the first time, which is the first time since the Internet bubble.
This time, Yahoo also has the idea of using Skype to launch a new business. In addition, it also wants to tell the outside world that Yahoo is still the giant on the Internet today!
After Skype's management arrived in Yanjing, everything seemed to be in chaos. In order to avoid Skype being acquired by Renren Technology, giant companies such as Yahoo and Google began to raise the acquisition price one after another!
Almost a moment later, after Google and Yahoo quoted Skype, ebay, which was eyeing Skype, could no longer help but offer a sky-high price. As soon as the price of 980 million US dollars was released, it caused a sensation in the technology industry around the world.
There are those who follow him and want to find a bargain. Amazon took the opportunity to report a purchase amount of US$540 million to Skype, but there is another performance requirement later. If Skype's performance can meet their requirements, it will continue to pay a bonus of US$300 million in the future!
Amazon has no hope of acquiring Skype. After Google, Yahoo, and ebay bid, Amazon knew that it could not compete with these competitors who did not take money seriously, but still wanted to give it a try. Maybe the Skype people would be blind and choose to cooperate with Amazon!
Subsequently, another large group of technology companies, including Cisco, which makes communication equipment, Murdoch's News Corp, and Verizon, the largest North American communications operator, all jumped out and issued an acquisition agreement for Skype.
This made the already noisy acquisition even more eye-catching, and the acquisition amount also rose all the way. When the acquisition price directly exceeded one billion US dollars, everyone felt crazy!
Not to mention the outside world, even Skype itself felt a sense of madness. Nicholas Zengstrom and others would not have thought that they had just arrived in Yanjing and caused the outside world to be so crazy. The price given was almost crazy!
After the Internet bubble, no technology company has ever attracted so many acquirers to compete. A small company with annual profits of less than tens of millions has a quotation of more than one billion US dollars, and the acquisition amount is still growing, which is enough to make countless people crazy.
The acquisition company that suddenly emerged, with extremely high acquisition amounts, media and reporters in the technology, finance, and financial industries, all knew that something big must have happened. For a time, countless media and reporters rushed towards Yanjing.
The outside world's attention is also focused on Renren Technology. Everyone understands that the reason why Skype can cause such crazy acquisition quotations is almost half of it for Renren Technology. No company wants to meet Renren Technology to build its own social empire.
Among the many acquirers, only ebay is not because of Renren Technology, but really wants to acquire Skype. Google, Yahoo, Amazon, etc. actually have more than half of the intentions, to make things difficult for Renren Technology and not want Renren Technology to occupy the entire social market!
Acquisition of Skype means that other technology companies will never have a chance to shake Renren Technology's position in the social industry. Google, Yahoo and others are still coveting the social field. This time, they naturally tried their best to stop it. For this reason, they did not hesitate to increase the acquisition funds. It depends on whether Renren Technology follows or not. Even if Renren Technology acquires Skype in the end, it will have to bleed once, and it will take several years to recover!
Countless gazes have been placed on Renren Technology. The company has made some plans for Skype. This time, all of them have quoted, but Renren Technology has not yet made any noise, which naturally attracted a lot of attention.
There were also a lot of discussions within Renren Technology at this time, and there were endless debates in the conference room, mainly because of whether to follow the offer. The people there have already raised the purchase price of Skype too high!
"The purchase price is too high, far exceeding our estimate. Google's second offer exceeded US$1.1 billion. Such a price is far beyond the price of Skype itself!"
In addition to the executives of Renren Technology, Chen Chu, Du Jianzhao and others, Wu Xingdao, Zeng Yuanli and others who sat in the conference room also rushed over. After all, this involved an acquisition of nearly billions of dollars.
Renren Technology also has different opinions on whether to follow the offer. Some people want to acquire it, they believe that after the acquisition, they can completely establish Renren Technology's status, and some people disagree with the acquisition, they believe that it will be a burden after the acquisition, and in the next few years, Renren Technology may have to carry this burden and cannot carry out new projects!
"The price is indeed a bit too high. Google and ebay are obviously deliberately raising the price!" Zeng Yuanli said to everyone.
He is the investment management department in charge of Chuke Technology. He is the most familiar with the financial situation of Chuke Technology. "This acquisition price not only puts certain pressure on Renren Technology, but even Chuke Technology!"
"Now, except for Google, Yahoo, ebay, etc., other Murdoch News Corporation, Cisco, etc., are all operated by Carl Icahn!" Zeng Yuanli said to Chen Chu.
When Chen Chu heard the name Carl Icahn, he frowned. At this time, all kinds of monsters and monsters came out.
When Carl Icahn acquired Blockbuster, Renren Technology snatched food from the "King of Wall Street Snipers", Carl Icahn, and then he grabbed Blockbuster from the "King of Wall Street Snipers". At that time, the two sides formed a gangster. Unexpectedly, this old guy was still in a state of gloom. At this time, he ran out and inspired News Group, Cisco, and Vejizon to compete with Renren Technology for Skype!
This time, Renren Technology has almost all the competitors. This is also the past few years, and Chuke Technology and Renren Technology have developed to the present, and have also had a large number of competitors. This time, they have all emerged to make things difficult for Renren Technology.
And this time, all those who had a holiday with Chuke Technology and Renren Technology emerged.
Shaking his head, Chen Chu smiled, and the eyes of the people in the conference room gathered on Chen Chu. How to do this depends entirely on Chen Chu's attitude.
If you really want to acquire Skype, with Chuke Technology's current revenue capabilities, there is no problem at all, and even double the acquisition price, Chuke Technology can collect this acquisition money, and it will be a cash acquisition!
The key is to see if it is worth it. Chen Chu looked at everyone and said, "The acquisition amount of 1.1 billion US dollars is really too high, far exceeding the value of Skype itself!"
Hearing Chen Chu's words, the executives of Renren Technology couldn't help but show regret on their faces. If they could acquire Skype this time, Renren Technology could almost be said to have officially become the absolute leader in the social software industry. Unless Renren Technology is committed to death, or if the technology undergoes subversive development, no one can compete with Renren Technology in this field!
Du Jianzhao also looked a little disappointed. The plan to acquire Skype was already formulated at the beginning of the year, so he had a trip to North America. The acquisition of MSN and LinkedIn was to squeeze Skype's living space and force the other party to cooperate with Renren Technology.
But the current situation is beyond everyone's expectations. Who would have thought that Google, Yahoo, and ebay are all crazy, giving Skype a very high offer, even at any cost!
Although he was a little disappointed, Du Jianzhao was not too worried. Skype may be crucial to Google, Yahoo, ebay, etc., allowing them to get tickets to enter the social field. However, for Renren Technology, it is really not that important. Skype cannot bring too much direct benefits to Renren Technology, and it is more important to be wary of being seized by other competitors.
Just when Du Jianzhao and others were different in their minds and thought that Chen Chu had given up on acquiring Skype, they suddenly heard Chen Chu's words, which made them feel surprised.
"Skype is the icing on the cake for Renren Technology. Renren Technology needs Skype and does not have to be acquired directly, but it must not be obtained by Google, Yahoo, Amazon!" Chen Chu said with a hint of chill in his tone.
A thousand-mile embankment is destroyed in an ant hole, and a spark can start a prairie fire. Although Skype may not pose too much threat to Renren Technology, Chen Chu will not let Skype fall into the hands of Google or Yahoo.
Chapter completed!