[Amps] Vertex_Yaesu Merger

Scott McGrath mcgrath at fas.harvard.edu
Tue Nov 6 11:43:40 EST 2007


Well now Yaesu's dumping of repair support of everything they built 
prior to 2003 back in March makes sense now did not want the repair 
liability to derail the deal.   By time this deal is done the only thing 
Yaesu will be making is P25 radios for govt/public safety as it looks 
like Motorola got tired of competing with Vertex for the same line of 
business competition is bad for your quarterly results next up is 
Kenwood who also builds P25 gear.

Bill NY9H wrote:
> Heck it looks like the other 20% "ownership"  is merely a payout to 
> the CEO of YaesuVertex...who probably is a major stockholder anyway. 
> But it certainly looks better ...certainly to those who are employed 
> by Yaesu/Standard....
>
> Paul AC said: But after the wedding, the truth in organizational structure and
> long-term objectives always comes out.
>
>
> FORGET LONG TERM OBJECTIVES,,,,HOW ABOUT NEXT FEW FISCAL CYCLES  !!!!!
>
> ouch....  "as another one bites the dust:"
>
> bill
>
>
> At 06:08 AM 11/6/2007, Paul Christensen wrote:
>   
>>> "Motorola bought them with the usual flurry of press releases, promises
>>> etc. Storno (or 'Stornorola' as they got called) have disappeared, and
>>> few, if any employees are still employed by Motorola."
>>>       
>> According to the press release, if the deal goes through, Motorola will have
>> 80% controlling interest in VS (Yaesu).  Here in the U.S., such announced
>> deals are often referred to as mergers, joint-ventures (e.g., the recent
>> press release), or an acquisition.  These are all terms used to soften the
>> blow to employees and vendors in the industry.  But such a purchase needs to
>> be called what it truly is: a take-over of VS.
>>
>> What has kept VS and Icom producing leading-edge equipment has been a ham at
>> the helm of the company -- much the same way that Art Collins stayed in the
>> ham business when for all intents and purposes he could have left the
>> amateur market with the execution of the first U.S. Government contract in
>> the 1930s.
>>
>> I have lived through several take-overs in the telecom industry, including
>> deals with AT&T, MediaOne, Comcast, and numerous buy-outs in the
>> broadcasting industry.  The courtship is filled with many optimistic
>> promises and so many people (financial analysts, shareholders, and
>> employees) are all too gullible as they take these promises "hook, line, and
>> sinker."  But after the wedding, the truth in organizational structure and
>> long-term objectives always comes out.
>>
>> Paul, W9AC
>>
>>
>>
>>
>>
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>
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