par Oyez Oyez » Mer Mars 19, 2008 4:30 pm
Room for everyone
Author: Gary Boulanger, US editor
There's a trifle whirlwind brewing in the US bicycle industry, concerning the recent sale of Cannondale to Pacific Cycle. It seems Specialized's leader Mike Sinyard feels threatened, not by the growing American appetite for cell phones, plasma televisions, Wii, Playstation 3 or other mind-numbing and inactive electronic gadgetry, but by Pacific's purchase of Cannondale.
The tale has all the smackings of Microsoft's CEO Steve Ballmer having a hissy-fit over Google a few years ago. To wit...
Recently, publicly-traded Dorel Industries purchased Cannondale, adding another recognizable bike brand to its stable. The Canadian company, known for its children's gear and furniture, purchased Madison, Wisconsin-based Pacific Cycle in January 2004. Pacific brands include Schwinn, GT, Mongoose and Pacific bikes. There's been a flurry of ill-informed chat group and forum discussions on this topic, and it's my intent to clear the air a bit.
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