Why people love misfits spectrum

Source: Internet
Author: User
Keywords Acquisitions Sogou

In the case of men and women, people have a psychological, that is to see their own mind that the most suitable two people, really together, regardless of these two people is the Ken Sister Ding, Yang and Guoff. In the scientific and technological sector acquisition, people have the same mentality, some companies are interested in the marriage, willing to cherish the blessing of good wishes, but very reluctant to see the combination of the difficulties experienced in the process.

Into the May, the Internet acquisition and mergers and acquisitions market is particularly lively, sometimes rumors come out. Http://www.aliyun.com/zixun/aggregation/33196.html "> The main reason is that there are 3 acquisitions of the appetite of all parties hanging up, respectively, Alibaba acquisition Sina 18% stake, the acquisition of a 28% stake in a gold map, Baidu's Archie Art acquisition PPS video business.

Already sitting on the purchase case, led to some other acquisition rumours, such as Alibaba Acquisition 91, Sohu acquisition pplive, Qihoo, Baidu, Tencent acquisition or acquisition Sogou, and so on. The intrinsic logic of these rumours that the market resonates is that, since Alibaba and Baidu have shot, others should catch up. The previously maintained market balance has been broken and competitors must make a difference in order to seize the initiative.

But whether it's an overall takeover or an equity takeover, is not to the home to hold a TV like the simple purchase behavior, also not to say that the money together into the hit can be immediate, need a lot of argumentation, feasibility analysis, negotiation, due diligence and so on, but also to avoid legal risks, from the financial point of view to find their best balance of interests. These difficulties, outside of the unknown, and not interested to know.

In 91, for example, Alibaba does not have the app distribution business, the current app distribution market three major players are 91, Baidu and Qihoo 360. And app distribution is now the mobile end of the rare to see a large amount of cash flow of business, if Alibaba win 91, there is no doubt that more than a higher valuation, strengthen the mobile internet power weight. But the reality is, there is no need not equal to, all the acquisition cases, there is a foothold, that is, what is the use of their own.

Alibaba is doing online business ecology, is still e-commerce in nature, to strengthen their own app distribution capacity for Ali has a certain need, but not entirely necessary. Because this for Alibaba to go into a completely unfamiliar new field, and service electric business relationship is not so close, and Ali is not so anxious to the public to make the app distribution of this money, there is doubt.

Ali's takeover of Sina Weibo and his gold holdings was not as much of a hype as some had said. Also pull what ecosystem, complete closed loop, simply said that the biggest effect of the two acquisitions is that Sina Weibo can be minutes to the electricity business drainage, the gold map to Alibaba's local life business to strengthen infrastructure construction, it is so simple. If the two eventually do not, do not forget Ali can opt out, because it is not more than 30% of the equity investment, business integration failed also can be called financial investment, Ali in the financial will not necessarily suffer.

As for the so-called Tencent and Baidu have what, Alibaba also should have what the argument, too dogma. BAT three business scope of the big difference is very large, a sales volume and advertising, a selling value-added services, a sales of electricity business services, obstinately to let these three in the business on par, is not realistic. In fact, the news Ali also denied, but there are many people do not give up, the enthusiasm for both good things is significantly higher than the parties.

Again for example Sogou sale problem, already has several versions, more people analyzed the Sogou to sell to which home more suitable. is no one to care about, whether the dog is to sell, the price is not really can talk about, after all, is a huge number of a billion of of dollars, this money let who take out, the pressure is very big.

People are accustomed to explain the strategy from the Lang match: Odd Tigers to Sogou, because to challenge Baidu, both 1 1 greater than 2, the pressure on Baidu is too big. Baidu to Sogou, is because to carry out the defense, to prevent Sogou fall into the hands of the enemy, but also to buy Sogou to consolidate the advantages of the Tiger's challenge to dissolve in the invisible. Tencent to buy Sogou, is because of its own search do not good, rather than buy Sogou to strengthen its own flow business.

These explanations, at first sound, can be said to be past, but in fact, any one of the three buy Sogou is very difficult. There are rumors that Sogou priced 1.4 billion U.S. dollars for Qihoo 30% shares, and now Qihoo 360 of the market value is 5 billion U.S. dollars, 30% equity is exactly 1.5 billion U.S. dollars. So change to go, it seems quite appropriate, the problem is that Sohu and Qihoo 360 of the market value are dynamic, in this case, the case of a swap acquisition is a difficult move, and any fluctuations in the stock price, may affect the final result. Nasdaq doesn't have the kind of service that gives you a six-year suspension, fearing a lawsuit from investors.

The parties willing, but also a key variable, and Sogou's valuation, can be unanimously recognized by both sides, to draw a big question mark. More likely, Sogou found itself worth more than 1.4 billion, and Qihoo 360 also want to bargain on this basis. Perhaps talk to do not make, Baidu also withdrew, Tencent also has no shadow.

Some statistics, the science and technology in the field of speculation in the case, more than 70% is not rely on a bit of the spectrum; Similarly, in the marriage aspect, everybody thinks is the natural pair two person, the final agreement degree also does not surpass 30%. People's subjective impression of the world, more from their own insights and feelings formed by the reflection, and the actual situation is difficult to connect, so the misfits spectrum of the situation will always exist.

However, the Misfits spectrum is not a bad thing, is the point of the enterprise should be happy, at least received attention, not be left out. If the point of the enterprise can do some action appropriate to match it, it is absolutely absolute, first of all to let the audience of Mandarin duck spectrum to obtain a great psychological satisfaction, the second share price will certainly rise, in addition, may really change a part of the market pattern, that can not be sure.

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