Chapter 18: Acquisition-4
Eleanor returned to her office and immediately called Freya. They chatted for a few minutes, mostly about Freya's activities that morning. The mother-daughter duo enjoyed a brief, relaxed moment after lunch before Eleanor ended the call and refocused on work.
She reviewed her plans for Techno Club and Chen Group, then sent an email to the lawyer handling negotiations with Techno Group. After that, she summoned Maya, Lily, and Olivia to her office.
Once they were seated, she announced, "I just acquired 70% of Fortune Tech. The Miller family will continue to manage the company, but only as long as they adhere to our rules. Lily, select an experienced person from our core team to be our representative in Fortune Tech."
All three women were shocked by this revelation. Maya, disbelief evident in her voice, said, "You just went to have lunch with their chairman and walked out owning the company?"
Eleanor handed the signed agreement to Lily, who scanned through it before passing it to the others.
Lily nodded in understanding. "So, we won't interfere in the company's day-to-day operations?"
"Correct," Eleanor affirmed. "Fortune Tech recently developed a highly efficient facial recognition software. They are currently in talks with several social media platforms. Stop them from making any deals and transfer the entire team working on the software to Heimdall. Then, send the software's source code, executable files, APIs, SDKs, code documentation, testing and other support materials, and deployment instructions to our US office."
She turned to Olivia. "Work closely with this team and our US development unit to integrate the facial recognition software into our main AI."
Then, addressing Lily again, she said, "Fortune Tech will continue its normal operations, but I need you to develop a plan to improve its profitability. Also, implement our confidentiality agreements and salary structures there."