Harman being sold...

biggator6 · 26th April 2007

Wonder what this will mean (if anything) for JBL and Lexicon..

octatonic · 26th April 2007

Maybe Lexicon will get back in the business of delivering a pro product.

Any details?

Berolzheimer · 26th April 2007

Quote:

Originally Posted by biggator6

Wonder what this will mean (if anything) for JBL and Lexicon..

Not to mention:

PDC · 26th April 2007

Quote:

Originally Posted by octatonic

Maybe Lexicon will get back in the business of delivering a pro product.

Any details?

They never would have stopped had there been demand for it. Perhaps the statement should be, "Maybe Lexicon will make a PCIe card that does what a 960 does for $1k." That is what we expect now.

Berolzheimer · 26th April 2007

Looks like it's being sold to a finance company, probably some number crunchers who know nothing about audio or music or the pro market. Hard to imagine that'll be a good thing.

robot gigante · 26th April 2007

Could it be any worse than what Harman has been doing in the last while?

orange · 26th April 2007

Quote:

Originally Posted by robot gigante

Could it be any worse than what Harman has been doing in the last while?

agreed

PDC · 26th April 2007

The kick in the head would be the discovery that Uli Behringer is the head of this coporation. All product would be rebranded Behringer, and Behringer line arrays, large format consoles, microphones, etc would finally be acceptable in all tech riders.

RobR · 28th April 2007

I believe it was KKR + another that purchased Harman.

Equity Investment (or the other way around?).

No, they don't know anything about consumer or pro audio.
Nor should they have to.
Nor should the top of Harman.

That's not their job.

The good news is that they didn't sell to liquidators, they didn't sell
to jerkface hedge-fund bozos, and they didn't sell to a competitor.

So, they'll probably be in business, because that's how KKR makes it's money.
They use other person's monies to buy companies, fix 'em up, and share the profits.

If Harman was taken over by shareholders.....then I'd worry.

Otherwise, the intentions are going to remain the same.

How they get there, I wouldn't assume.

FFTT · 28th April 2007

Harmon Music Group just repaired my early Digitech Valve FX processor.

Did a complete function refurb for $85.00 a few months ago.

It took two trips to thier factory service shop, but she's fixed.

Hope that kind of service continues.

Wonder what will happen to Infinity

26th April 2007	#1
biggator6 Lives for gear Join Date: May 2004 Location: Atlanta, GA Posts: 2,787 Thread Starter	Harman being sold... Wonder what this will mean (if anything) for JBL and Lexicon..

26th April 2007	#2
octatonic Lives for gear Join Date: Jun 2004 Location: London Posts: 5,429	Maybe Lexicon will get back in the business of delivering a pro product. Any details? __________________ Regards, Jim Richmond "I don't go to mythical places with strange men." Douglas Adams

26th April 2007	#5
Berolzheimer Lives for gear Join Date: Dec 2002 Location: El Lay Posts: 2,207	Looks like it's being sold to a finance company, probably some number crunchers who know nothing about audio or music or the pro market. Hard to imagine that'll be a good thing. __________________ Purveyor of fine sounds since 1961. My very incomplete IMDB list: My very incomplete IMDB list I'm all ears.

28th April 2007	#9
RobR Gear addict Join Date: Jan 2006 Posts: 446	I believe it was KKR + another that purchased Harman. Equity Investment (or the other way around?). No, they don't know anything about consumer or pro audio. Nor should they have to. Nor should the top of Harman. That's not their job. The good news is that they didn't sell to liquidators, they didn't sell to jerkface hedge-fund bozos, and they didn't sell to a competitor. So, they'll probably be in business, because that's how KKR makes it's money. They use other person's monies to buy companies, fix 'em up, and share the profits. If Harman was taken over by shareholders.....then I'd worry. Otherwise, the intentions are going to remain the same. How they get there, I wouldn't assume. Last edited by RobR; 28th April 2007 at 08:10 AM.. Reason: I came across as condescending

28th April 2007	#10
FFTT Lives for gear Join Date: Dec 2005 Location: A stoned throw from ground zero Posts: 5,577	Harmon Music Group just repaired my early Digitech Valve FX processor. Did a complete function refurb for $85.00 a few months ago. It took two trips to thier factory service shop, but she's fixed. Hope that kind of service continues. Wonder what will happen to Infinity __________________ Don't look at me in that tone of voice

26th April 2007	#6
robot gigante Lives for gear Join Date: Feb 2003 Location: out west Posts: 3,864 1 Review written	Could it be any worse than what Harman has been doing in the last while?

26th April 2007	#8
PDC Lives for gear Join Date: Aug 2006 Posts: 1,636	The kick in the head would be the discovery that Uli Behringer is the head of this coporation. All product would be rebranded Behringer, and Behringer line arrays, large format consoles, microphones, etc would finally be acceptable in all tech riders.

Thread Tools	Search this Thread
Show Printable Version Email this Page	Search this Thread: Advanced Search

Similar Threads
Thread	Thread starter	Forum	Replies	Last Post
searching for P1053 Transistor/Harman Kardon Kompressor	RobAcid	Geekslutz forum	1	13th January 2007 09:18 PM
What have you sold this week?	AlanTide	So much gear, so little time!	4	14th February 2006 04:21 PM
I think I just sold a pair of my LA-3's	bongo	High end	10	6th November 2005 03:42 PM