因资本市场不好，并购比IPO退出好！策略比财务投资更好！

因资本市场不好，并购比IPO退出好：百度19亿美元全资收购网龙持股57%的91无线！
因百度要狙击360手机助手，策略投资比财务投资的估值和条款更好：网龙选择91在香港上市前高价出售！
91+搜索+地图，百度会从App,移动搜索,生活服务掌控移动互联网入口。
将来最赚钱的是美国律师去诉讼百度91庞大的iOS盗版APP

网佳,硅谷无线协会,亦庄国际于8月21日在亦庄举办创业大赛初赛，然后23日在北京MacWorldAsia.com大会里举办决赛，总奖金10万，头奖包括价值4万元去硅谷见识。有意展示项目的请报名北广深沪沙龙27/28/29/30日 http://t.cn/zTiOB8J，或直接Email项目介绍去bp AT webplus点com
网佳创业大赛初赛/决赛于8月21/23日在亦庄/MacWorldAsia.com举办，有意展示项目的请报名北广深沪沙龙27/28/29/30日 http://t.cn/zTiOB8J，或直接Email项目介绍去去bp AT webplus点com

#创业成长退出上市沙龙#北广深沪27/28/29/30日，6月解析商业计划书、7月这次解析:创始股东合资协议、投资意向书Term Sheet、投资协议，合伙人相互与投资者博弈。钱是没有无条件的,创业者的取舍；项目是没有无风险的,合伙人和投资者要注意什么。我会分享操作过的协议和其后法律纠纷 http://t.cn/zTiOB8J

百度拟全资收购网龙旗下91无线 出资19亿美元
http://tech.ifeng.com/internet/detail_2013_07/16/27548900_0.shtml
来源：凤凰科技  2013年07月16日
凤凰科技讯 7月16日消息，百度今天宣布与网龙网络有限公司签署谅解备忘录，百度将收购网龙旗下91无线网络有限公司(91无线)全部股权，购买总价为19亿美元。

根据谅解备忘录，百度将出资19亿美元收购91无线已发行的全部股本。百度和网龙将进一步协商，于2013年8月14日前，签署收购由网龙持有的91无线57.41%的股权。鉴于百度有意收购91无线剩余的42.59%股权，在最后截止日期前，如果其他股东愿意出售其持有的股份，百度将按与网龙签署的相同条款进行收购。

网龙称此次出售将提高网龙的盈利以及扩大资本基础。与此同时，百度收购91无线，将来也会进一步加强在无线互联网领域的举措。

如果上述交易最终完成，百度收购91无线的标的额将超过2005年雅虎对阿里的10亿美元投资，成为中国互联网有史以来最大的并购案。

今年2月，网龙宣布采用介绍上市的方式，拆分91无线在港交所创业板上市。介绍上市不涉及融资环节，而这也被看作是网龙回避敏感问题的举措。今年5月，坊间传出消息称91无线暂缓上市脚步，并开始与多家互联网公司洽谈出售事宜。

91无线于2010年9月成立，是网龙公司旗下无线互联网业务开发与拓展的企业。91无线旗下集成91手机助手、安卓市场、91移动开放平台、91熊猫看书等产品业务，是国内颇有影响力的智能手机服务平台。

最近几个交易日，百度和网龙股价均有大幅度上涨。受收购消息影响，网龙今早股价开始大跌，截至9点49分，股价下跌14%，盘中报价20.75港元。截至今早纳斯达克股市收盘，百度股价上涨4.89%，涨幅为4.74美元，收于101美元。  

百度收购案：
·百度3.7亿美金收购PPS视频业务 爱奇艺将与PPS合并
·百度宣布收购Providence所持爱奇艺公司股份
·百度收购“今晚看啥” 看坚挺的4P域名
·百度将全资收购点心 投资方创新工场将退出

91无线动态：
·91无线刘德建：为有梦想的年轻人提供公平环境
·91无线加入Xbox LIVE游戏发行商行列
·91无线CEO胡泽民：我们为何只上市不融资？
·91无线胡泽民：91手游收入同比增10倍 明年上市

百度动态：
·中国500强发布：百度、网易利润率媲美最赚钱银行
·百度、新浪等获批牌照： 互联网巨头争逐支付领域
·李彦宏布局百度：普及狼性 尝试创新 深耕技术
·解密百度魔图：一个老产品的逆袭


http://dealbook.nytimes.com/2013/07/15/baidu-to-pay-1-9-billion-for-chinese-app-store-operator/
HONG KONG —Baidu, China’s biggest Internet search engine company, said Tuesday that it had reached a preliminary agreement to pay $1.9 billion to acquire 91 Wireless, a major developer of app stores in China.

The proposed deal comes as Baidu seeks to branch out beyond its traditional search business in order to better compete against the rival Chinese Internet giants Alibaba and Tencent, and is the latest in a series of acquisitions in the sector.

In May, Baidu agreed to pay $370 million for the online video business of PPStream. One week earlier, Alibaba had said it would pay $586 million for an 18 percent stake in Weibo, a hugely popular Twitter-like microblogging service in China owned by Sina Corporation.

Baidu, which is listed on the Nasdaq, said Tuesday that it had signed a legally binding memorandum of understanding to acquire majority control of 91 Wireless from NetDragon Websoft, a Hong Kong-listed company that invests in online gaming and mobile Internet businesses in China.

The preliminary deal calls for Baidu to pay NetDragon $1.09 billion for its 57.4 percent stake in 91 Wireless, and to offer around $800 million on similar terms to the owners of the remaining 42.6 percent stake, who were not identified. The companies have until Aug. 14 to agree on final terms for the transaction.

Last month, NetDragon said revenue in its mobile Internet business in the first quarter of the year rose to 144.7 million renminbi, or $23.5 million, more than tripling from a year earlier.

A key part of that business is 91 Wireless, which was set up in 2007 and today operates the popular 91 Assistant and HiMarket app stores in China, which run on Google’s Android operating system. As of March, the two stores had reached more than 10 billion cumulative app downloads, according to NetDragon’s latest earnings release. The 91 Wireless unit also develops its own apps, like PandaReader, which allows users to read and bookmark documents created in a number of file formats.

NetDragon said Tuesday in a stock exchange filing that a separate plan announced in December to seek a potential spinoff of the 91 Wireless business on Hong Kong’s secondary board would be scrapped, pending finalization of the sale to Baidu.

Shares in NetDragon plunged Tuesday on news of the proposed sale and abandonment of the spinoff plans, and were trading down 17.7 percent as of noon in Hong Kong. Still, the stock has risen about 80 percent this year in anticipation the company would cash out of 91 Wireless.

这是我们的目标~~