Howard faintly said, “Satellite industry, late is late, this kind of industry is no more profitable than oil and finance, and it’s not as stable as the latter.”
Steve saw Howard seems not too cold, so he hurriedly said: “Father, I intend to acquire the enterprise, it is estimated that at most five billion dollars up and down, I know this kind of industry certainly can not be compared with the energy as well as financial, but I still want to try, but I also hope that father you can approve.”
Howard heard that it was only five billion dollars, then thought for a moment, and opened his mouth, “Since you have this idea to explore more, I as a father should also give you more support, you let go of your hands, I’ll give you the budget to raise it some more, within ten billion dollars, you can decide on your own.”
To Steve, Howard is really gradually assured, sometimes he even think, his son is really too understanding, so also really want to be a little better for him, since his son wants to do something he is interested in, they give him some help, it is also considered to compensate him.
Steve was waiting for this statement from his father.
He is also very clear in his heart, in his current situation, as long as his own requirements are not outrageous, the use of funds do not let his father feel pain, his father will certainly give himself the green light.
Howard’s words, Steve intends to go back to the remote sensing satellite company to chat with the acquisition, talk about the details of the acquisition, let the staff to complete the follow-up things, they will be the first time to go to China to report to the work of Ye Chen.
……
Father and son left from the palace, back to the hotel, Steve went back to his room, arranged his beloved to immediately contact with the remote sensing satellite company that Ye Chen wanted.
At times like this, it was all about being quick and easy, making the contact, negotiating and completing it as soon as possible.
It just so happened that he could also take this opportunity to show Ye Chen his ability to do things.
This remote sensing satellite enterprise, its operation over the years is not too good, their main revenue, lies in the need for satellite maps to the world’s enterprises to provide data authorisation, just like the navigation company to sell their own map authorisation, their own cost to do a set of maps, and then sold to those who own software in a variety of need for map functions of the enterprise.
However, because they are providing high-precision satellite images, the company has long been filed with the National Security Agency in the U.S. The NSA has a lot of requirements and constraints on them, and these requirements and constraints will greatly limit their ability to generate revenue.
For example, any company that buys their satellite data can only buy the latest images from a few months ago, not to mention the fact that their satellites are taking non-stop pictures of the world every day, but the Homeland Security Department is concerned that their updating of the latest data will leak secrets from the military as well as other departments, and requires that their timeliness must be later than six months at the earliest;
