All this sounds like a hostile take over….
Buy up more of the opposition and saturate/control competition and ultimately the market….then price out the smaller guys left.
Greed, Greed and Greed, agreed?
Harman To Acquire B&W, Denon, Polk And Marantz From Masimo In $350 Million Deal
just saw the above announcement--of particular note is that masimo paid over a billion for the same brands just a few years ago. not sure whether harman will add any value--they've neither hurt nor helped revel or arcam--or what this move indicates about the consumer audio market generally, but this doesn't bode well for the future.
Showing 3 responses by mylogic
Maybe not a hostile take over then…. More a turkey shoot…. Gobble, Gobble, Gobble…… and maybe the same result in the end? “Consolidation coming” and less choice. @loomisjohnson ✔️ @realgoodsound ✔️ Brand discontinuation extinction crystal ball gazing spot on! A turkey is not unlike a dodo.
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“Profit” and your stupid assumption. l never said anything about any of these companies becoming insolvent, or even likely ever to be. This is about an offloading from an incompetent controlling large corporation who arguably have not made a big enough profit, or have mismanaged the individual businesses. An example of one of the said businesses is AKG. Previously a subsidiary of Philip, AKG still supply exceedingly good headphones since offloaded by Philips who moved away from the “hi-if” marketplace. The danger of takeovers are that some of these businesses being absorbed. With the possible duplications of similar products, some of these brands may fall by the wayside. @realgoodsound was spot on too. The Denon and Marantz duplication of competition with their products is an example of the two brands possible futures. One “Brand discontinuation” You answered my concerns with your paragraphs two and three. What was your point in pointing a finger at me? I can’t do anything about it! |