Who bought ARC?

I just hope the new guys understand the value of email!

From my insider info, ARC is one of the selected few companies who do not have to worry about their future. Their latest range of products - CD-3, 7, Ref-3, LS-26 - has been hugely succesful (Ref-3 is the time best selling model in ARC 40+ years history) which made their financial standing exemplary, not only by hi-end standards.

If it is true, one or two million for the purchase of ARC seems ridiculously cheap for such a well established & prestigous company. It is good that the new owners will retain alot of the old employees but the question arises as to why it was up for sale in the first place. As mentioned above, maybe because Audio Research failed to enter the Home Theater market?

Maybe it's as simple as the owner retiring and cashing in his chips. Lots of successful manufacturers have ignored home theater. JRDG has even ignored digital.

Why so cheap? Maybe so he could dictate terms and protect his employees.

The sale price was never confirmed - it is a rumor.