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 Post subject: SRAM buys Zipp.
PostPosted: Thu Sep 20, 2007 8:07 am 
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Boom done. Thats all I know my friends.


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 Post subject: SRAM buys Zipp.
Posted: Thu Sep 20, 2007 8:07 am 


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 Post subject:
PostPosted: Thu Sep 20, 2007 8:38 am 
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?? from where ?

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 Post subject:
PostPosted: Thu Sep 20, 2007 8:54 am 
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Ebay.

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 Post subject:
PostPosted: Thu Sep 20, 2007 8:59 am 
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I heard this as well
Interesting stuff!

Another stage in the carbon wheel wars...

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 Post subject:
PostPosted: Thu Sep 20, 2007 9:06 am 
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If this is trough then we will see a better crankset on the next red group ... better hence lighter ... :P and probably csc riding with SRAM.

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 Post subject:
PostPosted: Thu Sep 20, 2007 11:36 am 
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bobbyOCR wrote:
Ebay.



Did they use the "Buy it Now" option or did it come down to bidding?

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 Post subject:
PostPosted: Thu Sep 20, 2007 12:34 pm 
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gregc wrote:
bobbyOCR wrote:
Ebay.



Did they use the "Buy it Now" option or did it come down to bidding?


SRAM sniped. Bontrager thought they had it.

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 Post subject:
PostPosted: Thu Sep 20, 2007 2:08 pm 
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I guess I can stop trying to come up with the $40million I was going to offer. It is a good fit for SRAM and gets them much closer to the full range of products they are aiming for. Hopefully they will wait a while before stifling the innovation and farming out production to Gigantex.


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 Post subject:
PostPosted: Thu Sep 20, 2007 2:22 pm 
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An interesting buy. Up until now, they've concentrated on mass-market equipment for the retail trade, supplying their groupsets for ready-made bikes. This takes them away from mass stuff like Sachs chains (they bought Sachs) and pumping out Rock Shock forks, as Zipp is very high end stuff.


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 Post subject:
PostPosted: Thu Sep 20, 2007 2:33 pm 
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If this is true I think (hope) this will be a good thing. SRAM did wonders for Rock Shox back when they acquired them. Zipp is in much better shape than Rock Shox was at the time, but SRAM injected the innovation back into Rock Shox, so I can only hope they won't stifle Zipp.


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 Post subject:
PostPosted: Thu Sep 20, 2007 2:44 pm 
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If it is true, I think that the Zipp product range will expand to be more like that of Mavic or Fulcrum. I welcome it.

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 Post subject:
PostPosted: Thu Sep 20, 2007 3:22 pm 
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Hosehead wrote:
If this is true I think (hope) this will be a good thing. SRAM did wonders for Rock Shox back when they acquired them. Zipp is in much better shape than Rock Shox was at the time, but SRAM injected the innovation back into Rock Shox, so I can only hope they won't stifle Zipp.


They aren't Trek/Bontrager.

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 Post subject:
PostPosted: Thu Sep 20, 2007 3:49 pm 
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The asking price, I believe was well over $40M, as their annual revenues exceed that by a good deal from what I have heard (though not from Zipp).

There are two ways that things can go from here, they will either be better or worse. I don't imagine that they will stay the same. I would hope that the resources of the SRAM corporation are used to free up the constraints of the guys in Indy to allow them to pursue the myriad number of things that are on the drawing board or in discussions for development. I certainly hope that they don't come in and take the good name, try to turn it into something with incredible volume, leave the engineering in the dust, and send everything to China... Here's to hopin' my Chi-town boys do the right thing... North Side, baby...

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 Post subject:
PostPosted: Thu Sep 20, 2007 6:04 pm 
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bobbyOCR wrote:
gregc wrote:
bobbyOCR wrote:
Ebay.



Did they use the "Buy it Now" option or did it come down to bidding?


SRAM sniped. Bontrager thought they had it.

I heard SRAM bid $14 million for Belgium on Ebay as well, in hope to get good field test opportunities and easy acsses to ProTour races: http://www.cbc.ca/cp/Oddities/070918/K091806AU.html


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 Post subject:
Posted: Thu Sep 20, 2007 6:04 pm 


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 Post subject:
PostPosted: Thu Sep 20, 2007 6:21 pm 
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Posts: 3468
Location: Hamilton, Canada
gregc wrote:
bobbyOCR wrote:
Ebay.



Did they use the "Buy it Now" option or did it come down to bidding?



They sniped, I thought I was going to get it in the last 33 seconds for $78...sigh.


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