Wadia gets acquired

If Wadia was not pricey enough, you will soon find its products about 20% more expensive. That is what is happening at ARC. Additionally, the parts will increase to sources in China. Assembly will continue in the USA. I doubt you will see any real improvement in the design of Wadia products as NewCo will 'milk' the brand. What it does give is for another new USA company to get into business. Its the American way.

Well the press release only mentions the 1-Series. I am waiting for my 971 and really hope this does not mean trouble.

Its the American way.No its called survival.

Actually this is the American way, start a company and build it up so it can be sold. I don't think audio companies are different than any other business, the eventual goal is to cash in and retire.

In recent years I got the impression given the problematic product launches and repeated delays relating to upcoming products that Wadia is a company that is desperately in need of improved management/cash flow.

I hope this takeover means that Wadia will actually be able to hit release dates from here on out and reclaim some of the luster it has lost in recent years.