Charlie instructs Abren Lang to return to the US immediately to acquire his former company, an old-fashioned American communications firm with strong software and hardware technical foundations. Charlie believes the company, currently valued around a billion dollars, is perfect for their needs to build their own communications network and design a satellite, offering up to two billion dollars for the acquisition.
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Abren Lang hurriedly said, “This is an old-fashioned American communications company.”
Charlie asked again: “What is the current market value of the company?”
Abren Lang thought for a while, and said:
“Several years ago, the company was very prosperous.”
“When the market value is highest, it exceeds tens of billions of dollars.”
“However, as the bubble continued to burst and performance continued to decline.”
“When I was fired, the market value should have been just over one billion. is lost.”
Charlie nodded and asked him, “What is the foundation of this company?”
Abren Lang says:
“The technical foundation of software and hardware is very good.”
“But the reason why it’s been declining these years is mainly because the direction of the market hasn’t been found properly.”
“The C-end business died, and then it took turns eating money, and then taking turns providing hardware equipment and technical support to other communications companies.”
Charlie said kindly:
“That’s right for us. If the business is doing well and the market value is high, it will be difficult for us to bring it down,”
“And after we lower it, the to-C business will also involve us a lot.”
“Experience, but now specialize in hardware tools and technical support,”
“Isn’t it only fit to serve us?”
“After all, we’re not after the new communications company in the world.”