[Fourlanders] FW: ARLX007 Motorola buys Yaesu
Jim Worsham
wa4kxy at bellsouth.net
Mon Nov 5 21:57:31 EST 2007
This is a big surprise! I have NO idea why Motorola would want to buy
Yaesu. Obviously Yaesu has something they need. Maybe a marketing and
sales presence in Japan for 2 way radio. I know the one thing they didn't
buy Yaesu for and that was amateur radio. Look for Yaesu to exit the
amateur radio market within a year or two. This is a sad day for us hard
core Yaesu guys.
73
Jim, W4KXY
-----Original Message-----
From: ARRL Web site [mailto:memberlist at www.arrl.org]
Sent: Monday, November 05, 2007 5:08 PM
To: wa4kxy at bellsouth.net
Cc: Subscribed ARRL Members:
Subject: ARLX007 Motorola buys Yaesu
SB SPCL @ ARL $ARLX007
ARLX007 Motorola buys Yaesu
ZCZC AX07
QST de W1AW
Special Bulletin 7 ARLX007
>From ARRL Headquarters
Newington CT November 5, 2007
To all radio amateurs
SB SPCL ARL ARLX007
ARLX007 Motorola buys Yaesu
Motorola USA has announced its intention to launch a tender offer to acquire
a controlling interest in Vertex Standard Co, Ltd. Vertex Standard is the
parent company of Yaesu. Motorola will own 80 percent of Vertex Standard;
Tokogiken, a privately held Japanese company, controlled by current
president and CEO of Vertex Standard Jun Hasegawa, will retain 20 percent,
forming a joint venture. The total purchase price for 80 percent of the
outstanding shares on a fully diluted basis will be approximately US $108
million.
NNNN
/EX
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