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.
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i sorta agree with @realgoodsound --polk, definitive, etc. may still be producing nice products, but query whether there's a real demand for so many brands. it's analogous to when gm used to sell identical sedans under buick/pontiac/olds/chevy (and sometimes cadillac) monikers--they wasted billions on promo costs, lot rentals, etc. there's gotta be some consolidation coming, which is smart business but also a little sad.... |
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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If there is not profit to be made, why would any company continue? Is mylogic willing to personally pay to keep a losing business alive? Businesses are acquired usually because the price is low due to an ineffective business strategy or mis-management. Either way they are losers and not likely to survive on their own. Healthy companies with good strategy and management serve their employees and customers well. An undeniable lesson we've learned from Warren Buffett.
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