Members cgarlie Posted March 28, 2008 Members Share Posted March 28, 2008 Does anyone know if the Gibson - TC Group merger was finalized? All I can find are announcements that it was to be completed by the end of Feb. Any expectations from this merger? Charlie Link to comment Share on other sites More sharing options...
Members gdoubleyou Posted March 28, 2008 Members Share Posted March 28, 2008 I expect Gibson to run them into the ground, just like they did to Standel, Obehiem, Steinberger, Opcode...ect. the list goes on. They really should stick to wood products. Link to comment Share on other sites More sharing options...
Members Ara Ajizian Posted March 28, 2008 Members Share Posted March 28, 2008 TC bought Gibson, not the other way around. Link to comment Share on other sites More sharing options...
Members felix Posted March 28, 2008 Members Share Posted March 28, 2008 ... but there's a difference. In the cases of Opcode, Oberheim, Steinberger, they were sold to Gibson. (So was Baldwin, and they are still around). This was a merger, and Gibson & TC both will occupy an equal number of seats on the board of directors. This hasn't been the case in the prior examples that you referred to. While Henry Juszkiewicz (Chairman & CEO of Gibson) remains Chief Executive Officer (CEO), Anders Fauerskov (from TC Group) has been named Chief Operations Officer (COO) per the press release: Under the terms of the new acquisition, Anders Fauerskov will remain based in Europe, and serve as Chief Operating Officer of the new combined Gibson Guitar Corp. I certainly won't pretend that I can predict the future, but I think it is important to note that this merger has been handled very differently from prior acquisitions. One more important difference of note (IMO) is that TC Group have a ton of successful products and several successful brands - as opposed to some of the companies that Gibson acquired previously, where it seemed they were acquired for some underlying technology that Gibson hoped to turn into something bigger. I don't think that's the case here, there's far more money to be made maintaining and growing TC's current success. I'm thinking there might be some worldwide distribution advantages too. Link to comment Share on other sites More sharing options...
Members FireWithin Posted March 28, 2008 Members Share Posted March 28, 2008 whose TC? Link to comment Share on other sites More sharing options...
Members Mike Martin Posted March 28, 2008 Members Share Posted March 28, 2008 TC Group is the Danish holding entity of the following operating companies: Link to comment Share on other sites More sharing options...
Members EnemyofSilence Posted March 28, 2008 Members Share Posted March 28, 2008 whose TC? TopCode Link to comment Share on other sites More sharing options...
Members Anderton Posted March 28, 2008 Members Share Posted March 28, 2008 The way I see it is this: TC makes guitar processors, but no guitars. Gibson makes guitars, but no guitar processors. I see bundles, lots of distribution opportunities for TC, and Gibson finally gets a technology entity that can write great software. Link to comment Share on other sites More sharing options...
Members Super 8 Posted March 28, 2008 Members Share Posted March 28, 2008 I had no idea TC was big enough to have equal footing with Gibson. Link to comment Share on other sites More sharing options...
Members Anderton Posted March 28, 2008 Members Share Posted March 28, 2008 See Mike's post above. TC is more than just the company making System 6000s and Konnekts. Link to comment Share on other sites More sharing options...
Members Alan Roberts Posted March 28, 2008 Members Share Posted March 28, 2008 I had no idea TC was big enough to have equal footing with Gibson. Wow! Neither did I. Link to comment Share on other sites More sharing options...
Members MarkZ Posted March 31, 2008 Members Share Posted March 31, 2008 whose TC? Top CatThe most effectual Top CatWho's intellectual close friends get to call him T.C. Providing it's with dignity. Link to comment Share on other sites More sharing options...
Members Super 8 Posted April 1, 2008 Members Share Posted April 1, 2008 Some of you might be interested in this. It's a discussion with TC US's CEO about the merger. http://www.sonicstate.com/news/shownews.cfm?newsid=6361 Link to comment Share on other sites More sharing options...
Members tradivoro1 Posted April 1, 2008 Members Share Posted April 1, 2008 Top Cat The most effectual Top Cat Who's intellectual close friends get to call him T.C. Providing it's with dignity. Ah, those were the days... What the hell happened to cartoons... Not to mention cartoon musical themes... Link to comment Share on other sites More sharing options...
Members aliensporebomb Posted April 2, 2008 Members Share Posted April 2, 2008 I like the TC effectors that I own. They're quiet and do the job. I'd hope that the TC stuff won't get corrupted too much. Link to comment Share on other sites More sharing options...
Members Dave Bryce Posted April 7, 2008 Members Share Posted April 7, 2008 I hear the deal fell through... dB Link to comment Share on other sites More sharing options...
Members Anderton Posted April 8, 2008 Members Share Posted April 8, 2008 Count on Dr. Bryce to get the scoops Know any details? Link to comment Share on other sites More sharing options...
Members timmit65 Posted April 8, 2008 Members Share Posted April 8, 2008 I'd never want to contradict Bryce. However, I heard that Henry was in Europe "Finalizing" the merger. That said, my source does work at Gibson. So, consider the source. Henry may have had to throw some of his charm in the compensation bin to "Finalize" the deal. Link to comment Share on other sites More sharing options...
Members mc5nrg Posted April 8, 2008 Members Share Posted April 8, 2008 I'm always happy to list the post Juskiewicz corporate purchases that haven't quite worked out as planned....but Standel? I thought that went back to CMI-pre Norlin late 60s...those big solid state stacks etc. Link to comment Share on other sites More sharing options...
Members Chucksweet Posted April 8, 2008 Members Share Posted April 8, 2008 I have heard from several TC people over the weekend that the deal did fall apart. You are correct Sir David! Chuck Link to comment Share on other sites More sharing options...
Members Jeff da Weasel Posted April 8, 2008 Members Share Posted April 8, 2008 And I heard this as well, yesterday. Ah well. Link to comment Share on other sites More sharing options...
Members Anderton Posted April 8, 2008 Members Share Posted April 8, 2008 Well, you can't get more "insider" than Chuck Surack and David Bryce, so if they say the deal fell through, I'd be willing to bet it fell through. Link to comment Share on other sites More sharing options...
Members Jeff da Weasel Posted April 8, 2008 Members Share Posted April 8, 2008 Hey! What about me??? Sheesh. Send a guy press releases for 16 years and still not an insider. Grumble grumble... Link to comment Share on other sites More sharing options...
Members Anderton Posted April 8, 2008 Members Share Posted April 8, 2008 Didn't read yours until after you posted...but you're not an insider, anyway. You are the universal force of consciousness that flows within and without us all. Link to comment Share on other sites More sharing options...
Members Jeff da Weasel Posted April 8, 2008 Members Share Posted April 8, 2008 Ooooh, I like that even better. Link to comment Share on other sites More sharing options...
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