H3C's campus is located on Liuhe Road in Binjiang District. It consists of gray and white buildings, and the old H3C sign still hangs at the elevator entrance.

In the conference room on the fifth floor, five people sat on each side of a long table.

Chen Yiran's side included Wang Zhiwu and three staff members from the M&A division of Datong Asia.

Leading the Bain delegation was John Connally, co-managing partner of Bain Capital. Seated next to him were Max Lin, head of Bain's Asian mergers and acquisitions, Zhang Pengguo, CEO of Uniview, a legal counsel, and a translator.

John Connery, in his fifties with gray hair, wore a very stylish cashmere suit, looking like a character straight out of an American TV show. He spoke slowly first.

"Mr. Chen, after your team contacted us at the end of October, our investment committee held two special meetings to discuss your request."

We have devoted more than half a year of our energy to this project.

The plan involved selecting an asset package, negotiating with HP, assembling a management team, registering a company, and building a sales force of 1,000 people.

This is not a simple asset sale; it's a complete business incubation. The investment committee is in agreement: Uniview Technologies is ready to operate independently.

So I'm sorry, we are not currently seeking a sale. Of course, we understand your technological strengths, and we would welcome any other forms of cooperation.

Chen Yiran didn't reply, but simply extended his hand. Wang Zhiwu quickly took out a document from his bag. Chen Yiran opened it, handed it over, and said, "I have another way of cooperating. Take a look at this; I think you'll welcome it."

Connery took it and glanced at it; it was a shareholding structure diagram.

The above is an equity structure, with the equity allocation written in three lines: FlowEDA 60%, Apple Inc. 20%, and Bain Capital 20%.

Connery felt like he was about to get a piece of cake, and asked with a smile, "Could you tell me what kind of business our company does?"

"In the smart home industry, security is also a factor. The three of us will pool our money to acquire two companies and incorporate them. First, Nest Labs, a Palo Alto-based company. Tony Fadell, the father of the iPod, just launched his self-learning thermostat. The team is small, and Apple has already contacted them. Once we reach an agreement, we can acquire them directly."

Second, Dropcam, the San Francisco-based cloud-connected Wi-Fi camera company, just raised $5.8 million in its Series A funding round in September. It shouldn't be difficult for us to invest that money now.

Connery turned the document around so Max Lynn could see it too, then asked, "So, for this company, we're a three-way investor. But we have to give you Uniview as our entry ticket?"

"Yes, give me Uniview separately. An American company, that should be enough for you. I'll provide the technology, which can completely unify smart home systems. Then Apple will be the largest distribution channel, and all future smart products can be directly connected to the system. You can handle the management; neither Apple nor I have the time to manage this company. You'll also be responsible for securing government contracts in the security sector."

Another point is that since Uniview sold the product to me, I can promise to have them as a supplementary OEM for us. They have their own related product categories, making it easy for them to manufacture these.

Connelly glanced at the document and asked, "I know about this camera, but for smart homes, how do we solve the cost problem? How big is the market? Shouldn't we do some research?"

Of course, I'm not saying I disagree with this structure; I just want to ensure our new company develops smoothly.

"Don't worry, I have my own chip factory in China. Although the chips they produce aren't the highest grade, they're all designed using my technology, so the quality won't be bad. They'll work perfectly for various smart home applications. It's just a matter of some control and network connection, nothing complicated."

The market is huge. Imagine the next Apple event, I go up on stage and ask Doubao to turn off all the lights, and then the whole place goes dark. What kind of publicity would that create!

Imagine if I just called out "Doubao" and asked him to show me the footage from my home security camera, and then Pidan appeared on the screen—how many netizens would be attracted to buy it?

By the way, our little Pidan now has over 7 million followers on Twitter, consistently ranking in the top 20 across the entire site.

Connally said excitedly, "Sure, we trust your technology. And what about security? Don't worry about government orders; we'll start in the East. We have deep connections in at least a few states near Massachusetts. What will we sell them? Cameras?"

"Of course it's cameras, but we mainly sell the technology. I'll license several of my patents to companies, all of which are related to motion capture. People in affluent areas will be happy to spend money on these. With a little promotion, they'll proactively ask their local police stations to buy our equipment."

The cameras are connected directly to the police station's server, which can access various databases. As long as a criminal or a person acting suspiciously is identified, such as someone carrying a gun and acting furtively, the system can automatically send a message to the terminal in the police car.

This way, we can collect money not only from buying cameras, but also from the servers and the terminals on the police cars. We can even collect annual service fees for system updates.

Zhang Pengguo, who was sitting next to him, graduated from the Computer Science Department of Beijing University of Aeronautics and Astronautics and later studied at the School of Business Administration of Hong Kong Polytechnic University. His English was excellent, and he felt very awkward listening to Chen Yiran's Connery talk.

Chen Yiran had just mentioned the OEM issue, which made him worry about the company's future. Although Chen Yiran was well-known, he was a stranger to them.

He now hopes the deal falls through. Although Bain is an American firm, they had communicated several years ago, and he can confirm that Bain genuinely wants to make the company successful.

He tried to speak several times, but couldn't think of what to say. After all, the company was full of employees who didn't own any shares.

Connery, standing beside him, completely ignored him. The company's bright financial prospects made him grin from ear to ear. He stood up and extended his hand: "Then I have no problem with that. I'll discuss this with my partners immediately; no one will object. Afterwards, let our legal team get this sorted out as quickly as possible. By the way, what should we name our joint venture?"

Chen Yiran stood up and shook hands with him, saying with a hint of mischievousness, "Let's call it Ultron Technology."

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