"07-02-13: Krell_man
Chris,
While I don't question what you said, I do have to wonder what's going on then.
The Italian company that bought them also owns Sonus Faber and Audio Research. Why would they buy Wadia and then shut it down? It seems like someone just flushing money down the toilet.
When I was at Wadia in Michigan before they moved to Minnesota, John told me that they got one of the primary designers back and were planning to delve much deeper into the DACs.
Chuck
Krell_man (System | Reviews | Threads | Answers | This Thread)
07-03-13: Chris10an
Wadia was acquired because of the brand, and not because of the products they produced.
Chris10an (Threads | Answers | This Thread)"
Your guess is as good as mine, but there are quite a few reasons why another audio company would buy Wadia. Here's a few that I can think of.
1. To get the Wadia name.
2. To have access to the network of existing Wadia dealers.
3. To get the rights to Wadia designs. If you wanted to get into making digital sources, owing Wadia's designs would probably give you a head start.
4. Eliminate Wadia as a competitor in the marketplace.
5. Wadia may have a stock pile of valuable parts. High end Teac and Pioneer stable platter transports, Dac chips, etc.
6. Possibly rebuild the Wadia name and line of products with fresh resources.
7. Maybe there was no real reason other than Wadia was just too cheap to pass up. A gamble.
8. It could have been a mistake. Maybe Wadia 3 will be just as successful as Wadia 1 and 2.
9. To keep someone else from buying it.
10. I like nice, round numbers and didn't want to leave it a 9. If I can think if a number 10, I'll edit my post.
