That does sound like a bargain price for those brands. Masimo didn't know what to do with those brands, hopefully Harman can be a better fit. Though you have to wonder what kind of attention each brand gets with the portfolio that Harman currently has.
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.
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- 32 posts total
- 32 posts total