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audio research sells out good or bad ?

Audio reserach sells out to Quadrivio SGR investment company after 38 years ,the same company who aquired sonus faber.I do wonder if any company can sustain the type of personel products and direction when the boys on top are watching out for the bottom line.I am not saying that this is a bad thing only saying that 2 channel is made up of niche players and to build a companys from a 10 mio business to 50 mio you would think things would have to change. They are a great company with a great following and hope they are around for another 38 years.
jruffo
pops
2,275 posts
 
Time will tell but you can bet on 1 thing changes are coming. Not necessarily bad changes, in fact could be very positive. But unless the new owners understand the business and also have the right people in place and empower them, they will bleed the company. That's corporate America.
pubul57
3,712 posts
 
In this case corporate Italy. The Quadrivio SGR, the investment group appears to understand hi-end companies, so maybe it will work out fine.
jmcgrogan2's avatar
jmcgrogan2
6,346 posts
 
02-05-08: Chadnliz
Well I hope they dont cheapen up quality and performance, guess its a good thing my dad bought his Ref3 last month.

I bought my Ref 3 in March 2007, but my concern is service (though knock wood, I haven't needed any yet). I've heard too many horror stories from Aragon and Mark Levinson owners after their companies sold out. It is comforting knowing, worst case scenerio, that Steve Huntley will be there for ARC owners though....

Cheers,
John
tomryan
796 posts
 
Pops,

That's the corporate World, not just America. In my part of the country German and Australian companies have come in, bought businesses, bled them, shut them down, and then walked away. In one case (Australian) more than 1,600 people lost their jobs.
pops
2,275 posts
 
Tomryan, your so right wallstreet and all foreign exchanges drive business today. And most of the major companies are run by younger ladies and gentlemen and in many cases they have never experienced tough economic times like we are going through today. Expected returns that are unattainable is where desperation and brand killing begins.
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