Domestic operating system manufacturers red flag began to auction its assets

In the dissolution of liquidation of domestic operating system manufacturers red Flag began to start asset sales process. June 27, Red Flag issued a notice, announced that the company intends to open the sale of all registered trademarks, all software copyright and other assets. Red flag for the assets of the bidders proposed four conditions, and the intention of the bidders to submit a written bid letter of intent before July 8, 2014. And the subsequent public bidding transfer arrangements will be notified to bidders separately. Sina technology learned from people familiar with the matter, a small number of companies are interested in buying red flag assets, but these enterprises will eventually be formally put forward bids still have a lot of variables. The launch of the asset sale of red flag in February this year announced the dissolution of liquidation. According to the information at that time, the total debt of red flag in China is about more than 20 million yuan, of which the majority of the employees ' arrears of wages. and 4 months later, the shareholders of the red Flag of China Branch finally agreed to sell assets to repay the company's debts. June 27, Red Flag issued a formal announcement, announced that the company intends to open the sale of all registered trademarks, all software copyright and other assets. In the bulletin, the Red Flag said that the bidders need to meet four conditions, including: 1, aspiring to engage in domestic operating system product development and application of the promotion of internal enterprise legal person; 2, has the ability to develop and improve the company's products of the technical team and strong economic strength; 3, Interested and able to undertake all the company's commitment to the user's product follow-up operations and upgrades and other services; 4, the intention and ability to take on behalf of the company to undertake the nuclear Shishou and other government projects such as follow-up acceptance, tracking and other work. Red Flag stressed that the bidders need to meet the above 4 conditions to be eligible for bidding. At the same time, if the bidder can fully acquire the red Flag company, then the above assets can be purchased first. In addition to clearly put forward four terms of the bidders, the announcement of asset prices, auction dates and other details are not disclosed. May be the buyers know the matter of the red flag before the staff revealed that the asset auction may be about 18 million yuan. The former employee, who asked to be anonymous, said that because of the low price, several companies were interested in bidding, including China Electronics Technology Group, Shuguang company and so on. Sina Technology is temporarily unable to contact the company's basic software and Shuguang to comment. But a number of red flag before the staff to Sina Science and technology, they are generally optimistic about China Electronics Technology Group Company's Basic Software Co., Ltd. (abbreviated as the basic software), a red flag in the division. Employees expressed, in terms of the basic software, it is true that the red flag in the division has a strong rationality. On the one hand, the company has been engaged in Linux-related business, on the other hand, the company from the company's president Chaoxiaoliang to staff many people have been in the red flag, but also very familiar with the business and culture. Among them, Chaoxiaoliang also served as the Executive director of the Red Flag of China branch. In June this year, the Pu-wah Foundation software announced the failure of the red flag after the bankruptcy of customer technical services. At the same time, the company also received dozens of red flag research and development, technical support and salesCore staff. These movements by the outside and the red flag of the former employees as a whole, the prelude to the red flag in the division. Red Flag trade union chairman He Hui told Sina Science and technology, Pu-hua basic software if the acquisition of Red Flag, will be able to achieve a smooth transition in business. However, he did not confirm whether the company's parent company would formally launch a bid. According to He Hui, previously with the red flag has a cooperative relationship with some of the hardware manufacturers are also interested in bidding for the assets of the red flag. It is reported that before the dissolution of the liquidation, the red Flag development of the PC operating system and server operating system by some PC manufacturers and server manufacturers use, some of them want to go to the company, continue to provide related products and services. In fact, some of the former employees of the red Flag pointed out that the Chinese Academy of Sciences under the software of the Sino-German side may also be a red flag of the party. China Branch Germany and the red flag of the Chinese Academy of Sciences under the same software companies, two companies have jointly applied for the National nuclear Shishou project, in the business has a lot of overlap. However, because many employees believe that the red flag in China to dissolve the liquidation is due to the disaster of the Sino-German, some shareholders may raise objections, to hinder the Sino-German party. Earlier, the red flag of the staff of the Chinese Academy of Sciences to set up the division of the German company and the red Flag competition, at the same time, through the stationing of management, the red flag of the staff in the Division for the Central branch of the project, seriously affecting the normal operation of the company. But the Chinese Academy of Sciences software denies these accusations. (Detailed: Domestic operating system manufacturers in the red Flag dissolved liquidation insider) less than 20 million yuan to sell the price of the variable, for any small enterprises, not a large number. However, the fourth requirement of the bidder's qualification may be that the number of companies willing to launch a bid is few. According to the announcement of Red flag in China, the company bidding for the red flag of the division needs to be intentional and capable of completing the follow-up acceptance and tracking of the nuclear Shishou and other government projects undertaken by the company. In the red flag of the old staff of the best, this requirement actually raised the threshold for companies to launch a bid. Because it actually requires a lot of risk for the companies that bid. Red Flag Nuclear Shishou project money has been spent, but also led to debt. The company that bids for a bid should bear the risk that the nuclear Shishou project can be accepted by the government after it has been taken. ' It's actually a big problem, He Hui said. He Hui pointed out that if the red flag of the relevant nuclear Shishou project if not through the government acceptance, the enterprise may need to return to the state of the funds allocated previously. This problem has many potential buyers have scruples. In addition, because the core team of Red Flag in the division has ceased to exist, the enterprises that launched the bid will eventually be able to obtain only some soft assets such as trademarks and software copyrights. How valuable these assets are may also allow companies to think twice before bidding.