Meade bought over

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kochu
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Meade bought over

Post by kochu »

Meade is acquired by Jinghua Optics & Electronic​s Co., Ltd. They also own Explore Scientific.

http://finance.yahoo.com/news/meade-ins ... 27726.html.

Kochu/20-5-13
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cataclysm
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Re: Meade bought over

Post by cataclysm »

This is probably a good news.
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shirox
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Re: Meade bought over

Post by shirox »

4.5million is cheap the the chinese la....
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Airconvent
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Re: Meade bought over

Post by Airconvent »

It leaves to be seen if this is good news or not. If that means better penetration and more accessibility and lower cost for customers such as those in Singapore, it could only be good news.
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superiorstream
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Re: Meade bought over

Post by superiorstream »

Will it affect the Colorado line of instrument? and its quality?If the BF is production
and supply affected,it will definitely 'expire' lots of solar observer when their BF
dread rusted fully and cant get replacement.
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Gary
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Re: Meade bought over

Post by Gary »

Meade Instruments Completes Merger
http://www.skyandtelescope.com/news/Mea ... 50801.html

"... on October 15th Meade Instruments announced that it had completed a merger agreement with Sunny Optics, Inc., a Chinese manufacturer of optical equipment. Sunny Optics is a subsidiary of Ningbo Sunny Electronics Co., Ltd., based in Zhejiang, China."
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jeffyen
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Re: Meade bought over

Post by jeffyen »

"Meade Instruments will be led by Joseph A. Lupica as Chief Executive Officer. Joe brings over 25 years of experience in the Optical Industry and is eager to lead the current management team...."

Waitttt a minute... That name sounds familiar!

Just checked it and...

http://www.celestron.com/portal/article ... a-retires/

"Torrance, CA (June 18, 2013) – Celestron, the world’s number-one telescope designer and manufacturer, announced today that its CEO, Joe Lupica, is retiring after 26 years with the company, effective immediately."

Wow! I guess he retired, found it boring, and thought... maybe I should just run Meade! :)
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Gary
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Re: Meade bought over

Post by Gary »

http://celestronperspective.com/speakers/joe-lupica/

"Prior to joining Celestron in 1987, Mr. Lupica was the CFO for Meade Instruments and an independent oil and gas exploration company."
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"The importance of a telescope is not how big it is, how well made it is.
It is how many people, less fortunate than you, got to look through it."
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jeffyen
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Re: Meade bought over

Post by jeffyen »

Wow!! This is quite incredible...
superiorstream
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Re: Meade bought over

Post by superiorstream »

If really 4.5 million its really cheap.That amount not enough to migrate to Australia,NZ or perhaps even Singapore.With this 4.5 million,can now master the tech of making the irregular corrector plate of sct,refractor lens design software; and the secret of making the 'echalon' of the solarmax scope.Really a SUPER BARGAIN,if true.
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