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JUST ANNOUNCED - ORION HAS ACQUIRED MEADE.

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#1 Christopher Erickson

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Posted 01 June 2021 - 07:01 PM

Title says it all.


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#2 Ron359

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Posted 01 June 2021 - 07:30 PM

 I think that means that Taiwan China- Synta Corp.,  now owns, Celestron, Meade and SkyWatcher.   Quite the monopoly on consumer astro equipment.   Get a tight grip on your credit card.  


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#3 Avgvstvs

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Posted 01 June 2021 - 07:32 PM

Well that's a turn up for the books

Is Orion owned by Chinese interests?

If so expect more of the same business practices



#4 Upstate New Yorker

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Posted 01 June 2021 - 07:36 PM

It seems that this makes Orion a more powerful contender in the telescope marketplace.  It says that Meade's assets in California and 100 miles away in Mexico, are under the control of Orion.  And it sounded like long overdue product maintenance and repair would at last be an important part of the company.  Not to speak of product development.  I'm hopeful for the company's future.


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#5 Upstate New Yorker

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Posted 01 June 2021 - 07:39 PM

Well that's a turn up for the books

Is Orion owned by Chinese interests?

If so expect more of the same business practices

Orion sells Synta's products and the products of other firms.  But this actually makes Orion a manufacturer and product repair shop.  The most important assets of Meade are the ACF line--made in Mexico and designed in California.


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#6 Benschop

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Posted 01 June 2021 - 07:57 PM

No.

Synta owns Celestron, Skywatcher. Orion owns Meade.

Although Orion does buy quite a lot from Synta (eg ED80 etc), Synta does not own Orion...

Orion remains American owned.

 

 I think that means that Taiwan China- Synta Corp.,  now owns, Celestron, Meade and SkyWatcher.   Quite the monopoly on consumer astro equipment.   Get a tight grip on your credit card.  


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#7 petert913

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Posted 01 June 2021 - 07:59 PM

Go Orion !  Too bad I'm not a fan of Meade products, but good on them anyway.  


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#8 Ron359

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Posted 01 June 2021 - 08:01 PM

 I think that means that Taiwan China- Synta Corp.,  now owns, Celestron, Meade and SkyWatcher.   Quite the monopoly on consumer astro equipment.   Get a tight grip on your credit card.  

https://en.wikipedia...ation_of_Taiwan



#9 Benschop

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Posted 01 June 2021 - 08:04 PM

It is an interesting development. After Sunny Optical purchased Meade, Orion filed anti-trust, and eventually proved price fixing by the Asian Sunny Optical and Synta.

The loss of this lawsuit brought Meade to it's knees... filing for Bankruptcy protection in late 2019. This devalued the company, and now Orion has scooped it up.

Some smart business strategic moves... first put the king in check... now checkmated him.

 

This is in my opinion, healthy for the astronomy community. Although there are now fewer players, one is now solidly on this side of the Pond.


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#10 dnrmilspec

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Posted 01 June 2021 - 08:27 PM

Orion is a USA owned company.  It is, in fact, employee owned. 

 

I'm liking this.  I think it will be very good for competition. 


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#11 Dave Mitsky

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Posted 01 June 2021 - 08:41 PM

It was only a matter of time, I suppose.


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#12 havasman

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Posted 01 June 2021 - 08:51 PM

Talk about going to a rummage sale and buying somebody else's problem...

 

I wonder what they paid for it.


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#13 ayadai

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Posted 01 June 2021 - 09:31 PM

Link to the official announcement


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#14 Oberon510

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Posted 01 June 2021 - 09:35 PM

As a Meade owner of 17+ years (with a large Meade purchase this year) I am happy that there is now someone who will restart the focus on product and engineering development along with enhanced customer support.  I look forward to spending some more bucks on next generation Meade products.


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#15 CrazyPanda

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Posted 01 June 2021 - 09:56 PM

Orion is a USA owned company.  It is, in fact, employee owned. 

 

I'm liking this.  I think it will be very good for competition. 

Me too. I really hope they do something with this and reinvigorate the brand with more proprietary designs and products.


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#16 doc_cj

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Posted 01 June 2021 - 09:57 PM

I have to say that I was beginning to sweat is a bit when it looked like Synta could come into the BR court and close a deal. Selling Meade to an American company is good for me, at least, and I hope it makes both Orion and Meade that much stronger. I already have the Meade LX90 ACF in 10" and I just ordered the Orion 10" Newtonian Astrograph with the Atlas mount. Should have the Orion by mid-June, they tell me. In either respect, I'm glad to see the purchase and hope we see some new stuff along the way.


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#17 rmollise

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Posted 02 June 2021 - 08:52 AM

 I think that means that Taiwan China- Synta Corp.,  now owns, Celestron, Meade and SkyWatcher.   Quite the monopoly on consumer astro equipment.   Get a tight grip on your credit card.  

Quite the opposite. Meade, as it became apparent, was really an arm of Synta.

 

Though Orion sells many Synta (SkyWatcher) products, they are an employee owned American company. ;)


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#18 Terra Nova

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Posted 02 June 2021 - 10:52 AM

Orion sells Synta's products and the products of other firms.  But this actually makes Orion a manufacturer and product repair shop.  The most important assets of Meade are the ACF line--made in Mexico and designed in California.

Don’t forget Coronado! I assume that came with the deal.


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#19 Ron359

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Posted 02 June 2021 - 11:01 AM

Quite the opposite. Meade, as it became apparent, was really an arm of Synta.

 

Though Orion sells many Synta (SkyWatcher) products, they are an employee owned American company. wink.gif

Orion also rebrands Celestron for Synta as well as SkyWatcher.  It may be an 'American private company' but all its major products are Synta made.  Its simply a retail seller for the Taiwan-China manufacturer Synta.  The way a Subaru car dealer might be owned and its employees are Americans, but sells cars completely made in Japan.  Synta has effectively 'bought out' a competitor for another small piece of market share.  Time will tell how "Meade" survives in blue or gray or disappears.  I won't be surprised when Orion comes out with an ACF or line of ETX scopes in Orion gray, with the Orion name on the side. Or they disappear completely.  The Skywatcher EQ-8,-formerly aka Orions' HDX-110 mount is one recent example.  

 

 

 

https://en.wikipedia...es_&_Binoculars


Edited by Ron359, 02 June 2021 - 12:31 PM.

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#20 REC

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Posted 02 June 2021 - 12:17 PM

End of an era! RIP Meade people.

 

Far cry from their glory days. I worked for them in the late 90's when they introduced the ETX-90. Full page ads in the magazines drove people into the stores. BTW, the original name for the ETX line was ET which stood for Everybody's telescope. They had to change it to ETX because of the trademark ET from the movie ET. 

 

I still have the 90 and the 125 ETX.


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#21 Upstate New Yorker

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Posted 02 June 2021 - 01:23 PM

Don’t forget Coronado! I assume that came with the deal.

Quite right, I left these excellent instruments off my list.


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#22 Upstate New Yorker

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Posted 02 June 2021 - 01:30 PM

Perhaps there is a resurgence of American telescope manufacture in the works.  We could compose a list.  So far I count Meade, Televue, Stellarvue, Daystar, Farpoint Astro, Obsession, Lunt Solar Instruments...  Who am I leaving out?



#23 CrazyPanda

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Posted 02 June 2021 - 01:54 PM

Perhaps there is a resurgence of American telescope manufacture in the works.  We could compose a list.  So far I count Meade, Televue, Stellarvue, Daystar, Farpoint Astro, Obsession, Lunt Solar Instruments...  Who am I leaving out?

TEC, Astro-Physics, Planewave, Dreamscopes, D&G.

 

The theme here is that they are all low volume, premium or professional grade instruments. Under that category, there are probably quite a few more if you account for all the US premium dob makers.

 

Competing with the typical commercial realm (EdgeHD, ACF) is a different story though. Will be interesting if Orion can use the Meade brand to take on Synta head-to-head.


Edited by CrazyPanda, 02 June 2021 - 02:01 PM.

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#24 khursh

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Posted 02 June 2021 - 02:49 PM

This might be weird for the used market as Orion is famous (notorious?) for only supporting products owned by original purchaser.


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#25 Ron359

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Posted 02 June 2021 - 03:16 PM

Perhaps there is a resurgence of American telescope manufacture in the works.  We could compose a list.  So far I count Meade, Televue, Stellarvue, Daystar, Farpoint Astro, Obsession, Lunt Solar Instruments...  Who am I leaving out?

Left out Astro-Physics,  probably the last and only completely American made optics, telescopes and  mount hardware company.  Once Roland Christian retires, (that can't be too far off) who knows what happens to it.  Software Bisque,  also completely American made mounts and software but no optics.   And afaiK TeleVue has all or most of its products made in Taiwan.  I think Stellarvue has all its optics made overseas,  don't know  about the hardware.   




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