The hybrid "New H3C Group" jointly owned by Unisoc and HP will be born this year
The "New H3C Group" is about to be established. This is not only another milestone in HP's localization strategy in China, but will also help Tsinghua Unigroup extend the industrial chain and create a hybrid Chinese and foreign giant in the storage field.
Eight months ago, Tsinghua Unigroup reached an acquisition agreement with HP. Unisplendour will acquire 51% of the equity of HP’s “New H3C” for no less than US$2.5 billion, of which “New H3C” includes Hangzhou H3C, which conducts network business. Communications, also includes HP China's server, storage and technology services business.
Now more information has become clear. According to reporters, the two parties will establish a new company "New H3C Group" controlled by Unisoc In the new environment of "safety", introduce Chinese colors to expand government and enterprise customers.
“We have seen many customers and partners who welcome this change very much, including contact with many government departments before the (acquisition transaction) was announced.
" Ye Jian, global vice president of HPE and general manager of Enterprise Group China, told the media.
He will serve as general manager of Ziguang Huashan, its predecessor is HP China server, storage and Technical services business.
Dual-brand operation
In 2015, HP's China server business grew rapidly, and its industrial standard server growth rate reached 60% in the third quarter.
The development of its business has dispelled the speculation that "HP has given up on the Chinese market". As for HP, although it no longer owns 100% of the new company, after the joint venture, the new company will still be the only provider of HP servers and other products in China.
Affected by the "Snowden incident", many companies operating IT infrastructure products need to prove their innocence to many countries around the world.
In the Chinese market, "security" and "autonomy" are always Appearing on various occasions, purely foreign-invested products have encountered barriers in expanding the market for governments and important enterprises.
Although the changes in the market environment have not been made explicit by all parties, the trend is gradually becoming apparent.
Foreign-funded companies increasingly hope to change the way they do business in China, either through joint ventures, or through more investment, research and development Cooperation in exchange for orders.
Since 2014, many foreign technology companies have chosen to establish closer alliances with Chinese companies to adapt to new changes in the Chinese market environment and expand opportunities in the government and enterprise markets.
< p>Pay more attention to information The secure government and enterprise market is also a recognized tipping point for market opportunities in this round of IT changes.
"I believe you also understand that the government has always stated that it treats foreign investors equally. From our point of view, we just feel that this method can give new companies a chance," Ye Jian said regarding HP's sale of "New H3C" equity.
"This change will bring more opportunities, better flexibility, and more flexibility to the new company. Suitable for China's market, China's environment, China's customers, and China's business model.
" Ye Jian said.
In the future, the newly established "New H3C Group" will operate products under the dual brands of HPE and H3C. HPE will face international customers who already recognize the HP brand, while H3C, which has more local characteristics, will deal with the Chinese market. Demand, “When you see HPE equipment, it is 100% authentic HPE products.
And when you see H3C, it has added a lot of R&D and a lot of IP in China to a large extent.
”
After Ziguang enters, the "New H3C Group" will undergo several changes in the future: For example, its H3C brand, which is mainly aimed at the domestic market, will become more Chinese in terms of research and development and intellectual property rights, while the original HPE brand will be more interested in the new H3C Group. The company's authorization level will be higher, and these changes are related to the entry of Chinese capital
Regarding the official establishment time of the "New H3C Group", our reporter recently learned that the Chinese and foreign parties to the transaction are waiting for the final approval of the government. Since the transaction is "welcomed by all parties," both Unisplendour and HP believe that approval is just a matter of time. It’s a matter of time.
As expected, the “New H3C Group” will be born this year.
Promote localization
HP's sale of 51% of H3C's equity to Tsinghua Unigroup is part of its localization strategy.
However, in addition to HP, there are many multinational technology companies that will "become more localized" "As part of its latest China market strategy.
In 2015, Dell, a competitor of HP, announced the implementation of a new "Dell China 4.0" strategy. This includes establishing cooperation with local companies and transferring the procurement, design, production and management of Chinese business companies to China as much as possible.
In the communications field, the most eye-catching global merger and acquisition in 2015 was Nokia’s acquisition of Alcatel-Lucent.
In this transaction, Nokia took over Alcatel-Lucent’s assets in China, and Ningwai also acquired its assets in China. The telecommunications business in China is put into a joint venture with the original Alcatel-Lucent assets in China, and is jointly established with Chinese companies with state-owned enterprise background. It is also close to the average shareholding of HP and Unisplendour.
At the beginning of last year, Intel Vice President and President of China Yang Xu identified "walking with China" as the company's strategy through a signed article. It is rare for a foreign-funded company to include "China's national strategy" In the first place.
Qualcomm, a mobile chip company, has adapted to the new situation by investing in Guizhou and the downstream chip industry chain.
In many multinational technologies Among the company's cooperation partners, the reporter found that Tsinghua Capital is also the focus of Sino-foreign cooperation.
Tsinghua Unigroup, which acquired HP's "New H3C" business, is a subsidiary of Tsinghua Holdings, and Tsinghua Tongfang, which cooperates with Dell in the enterprise network, is also from Tsinghua Holdings.
In 2014, Intel took a stake in Tsinghua Unigroup. Obtained 20% equity of Spreadtrum and RDA.
There are also multinational technology companies that cooperate with companies with state-owned backgrounds at the product level. For example, Dell sells PC and server hardware in China, and in terms of software systems, it announced the purchase of Kirin, a domestic operating system owned by CEC.
< p>"The relationship between foreign-funded enterprises and China can no longer be 'buying and selling'.
" A multinational company executive told this reporter.
In fact, as Chinese companies grow in strength, in the context of "information security", multinational companies and powerful companies Chinese companies have established a new "partnership model" to share the benefits of the Chinese market and the global market, which is gradually gaining recognition. >
