Ecotech (Radions) and AI merging??!!

[Reef Pilot]

Wow!! Weren't these the biggest rivals? Wonder what that will do to pricing?

[jorjef]

Buy out/ eliminate your competition, happens all the time.

[Slyguy00]

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]

Originally Posted by Slyguy00

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]

Originally Posted by Slyguy00

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]

Link to news story or press release?

[Slyguy00]

.

[Slyguy00]

Originally Posted by jorjef

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]

Originally Posted by Magickiwi

Link to news story or press release?

http://ecotechmarine.com/news/ecotec...nounce-merger/

[jorjef]

Originally Posted by Slyguy00

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.

Originally Posted by Reef Pilot

and if anything might hold off further price reductions that both companies have been doing to compete with each other.

Originally Posted by jorjef

you buy them to eliminate lower prices/margins.