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-   -   Ecotech (Radions) and AI merging??!! (http://www.canreef.com/vbulletin/showthread.php?t=105152)

Reef Pilot 02-24-2014 03:24 PM
Ecotech (Radions) and AI merging??!!
 
Wow!! Weren't these the biggest rivals? Wonder what that will do to pricing?

jorjef 02-24-2014 03:40 PM
Buy out/ eliminate your competition, happens all the time.

Slyguy00 02-24-2014 03:45 PM
Thats pretty sweet. Cant wait to see what they come up with. You would think that it would probably make the prices come down, having the two big companies merging.

jorjef 02-24-2014 03:49 PM
Quote:
Originally Posted by Slyguy00 (Post 882368)
You would think that it would probably make the prices come down, having the two big companies merging.
HUH??


You don't buy your completion to lower prices, you buy them to eliminate lower prices/margins.

Reef Pilot 02-24-2014 03:50 PM
Quote:
Originally Posted by Slyguy00 (Post 882368)
Thats pretty sweet. Cant wait to see what they come up with. You would think that it would probably make the prices come down, having the two big companies merging.
Prices could come down to compete with the Chinese companies. But only if they gain some synergies and reduce their costs. I don't expect this in the short term, though, and if anything might hold off further price reductions that both companies have been doing to compete with each other.

Magickiwi 02-24-2014 03:51 PM
Link to news story or press release?

Slyguy00 02-24-2014 03:51 PM
.

Slyguy00 02-24-2014 03:52 PM
Quote:
Originally Posted by jorjef (Post 882370)
HUH??


You don't buy your completion to lower prices, you buy them to eliminate lower prices/margins.
If you think prices will go up i do believe ur dilusional. Pricing on leds isnt going up..

Reef Pilot 02-24-2014 03:53 PM
Quote:
Originally Posted by Magickiwi (Post 882372)
Link to news story or press release?
http://ecotechmarine.com/news/ecotec...nounce-merger/

jorjef 02-24-2014 04:07 PM
Quote:
Originally Posted by Slyguy00 (Post 882374)
If you think prices will go up i do believe ur dilusional. Pricing on leds isnt going up..
See my response to "ur" post below.

Quote:
Originally Posted by Reef Pilot (Post 882371)
and if anything might hold off further price reductions that both companies have been doing to compete with each other.
Quote:
Originally Posted by jorjef (Post 882370)
you buy them to eliminate lower prices/margins.


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