Planar dives head first into high-end home theater market by acquiring Runco

Posted in business, industry, merge, merger, lcd, projector (May 24, 2007 at 1:07 am)

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Joining the growing array of recent acquisitions is Planar and Runco International, as just today Planar has written a check for $36.7 million to take on the assets of privately-held Runco International, Inc. Planar, while not a household name in the home theater biz, managed to hold its own amongst competitors in the HT market, and while the majority of its products catered to the mid-range consumer, we suspect that picking up Runco was the easiest way to launch into the high-end realm. As expected, it looks like the Planar, Runco, and Vidikron brand names will remain as they are, and just as Planar will continue to sell through its current network of distributors, it sure sounds like Runco will remain a niche offering rather than bleeding over towards the mainstream.

 

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Netgear acquires Infrant to boost storage offerings

Posted in business, industry, merge, merger, nas, raid, smb, soho (May 4, 2007 at 1:07 am)

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Hot on the heels of yet another big time acquisition between Philips and DLO comes news that Netgear will be snapping up the privately-held Infrant Technologies for a cool $60 million in cash. All 34 employees will soon be wearing Netgear badges, and Infrant’s CEO will move over and become Netgear’s Vice President and General Manager for storage products. Essentially, Netgear is hoping that this move will strengthen the firm’s presence in the enterprise and small-business storage realm, as it can now offer up a trusted name in RAID-based NAS products for SMB, SOHO, and the home. More specifically, the ReadyNAS, RAIDiator, and X-RAID portfolios were the targets of Netgear’s desire, and while details on branding and the timeframe for the merge weren’t noted, it sounds like Netgear’s ready to get this party started on the double.

[Thanks, Matt]

 

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XM / Sirius to offer new pricing schemes after merger

Posted in News, business, industry, merge, merger, partner, partnership, pricing, radio, rate, rates, sat radio, satellite radio, SatelliteRadio, SatRadio, xm, xm radio, XmRadio (March 21, 2007 at 1:26 pm)

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We already know just how “priceless” the XM / Sirius merger will be, that your current radio will probably still function just fine, and that both firms are still facing legal heat in one way or another, but we hadn’t heard just how the newlyweds would handle the pricing of the new service — until now. In a decision sure to make a few people elated while giving a hint of suspicion to most others, the merged company will offer customers a package that includes “less channels” at a monthly price lower than $12.95, one that seems “substantially similar” for exactly $12.95, and finally, a third option that touts even more channels for “a modest premium.” We can only assume that the pricey third alternative will boast a nice mixture of both companies’ existing lineups, but unfortunately, it also leaves open the possibility that the cheaper two options might exemplify the “you only get what you pay for” tagline.

[Thanks, Frankenstein B.]

 

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