Meade acquired by Jinghua Optics

Started by JJM, 05/18/2013 04:24AM

Posted 05/18/2013 04:24AM Opening Post

Forum Member

Join Date: Mar 2005

Location: Tucson AZ, US

Posts: 457

The rumors have come home to roost, apparently Meade is being acquired by Jinghua Optics for the paltry sum of $4.5M.

http://m.yahoo.com/w/legobpengine/finance/news/meade-instruments-corp-announces-merger-213327726.html?.intl=us&.lang=en-us

Quote

Jim McSheehy

Posted 05/18/2013 05:21AM #1

Forum Member

Join Date: Mar 2003

Location: Bakersfield CA, US

Posts: 4913

Well, after their stocks became penny stocks, this was inevitable. Too bad, another piece of America is now China's property.
cwy

Quote

[SIZE="Large"][/SIZE][COLOR="Blue"][/COLOR] Floyd Blue grin

Amateur Imager

Posted 05/18/2013 07:34PM | Edited 05/18/2013 07:38PM #2

Forum Member

Join Date: Jun 2003

Location: Matthews NC, US

Posts: 291

Jinghua Optical Company (JOC), they're also the owners of the Explore Scientific Company and the lines of ED & achromat refractors (I have a 5" ES achro) and the 6" Levy Comet Hunter Mak-Newt. I wonder if there'll be some shuffling of products between Meade and ES? If so, it appears that it'll just involve the apo lines. ES doesn't make SCTs and Meade pulled their achro and Schmidt Newt lines some time ago, evidently....

Quote

Mark Costello
Matthews, NC, USA

"I hear you're mechanically inclined. Did you ever do anything with perpetual motion?"

"Yeah, I nearly had it a couple of times."

Posted 06/03/2021 09:10PM #3

Forum Member

Join Date: Mar 2020

Location: Grass Valley CA, US

Posts: 1

I believe Meade has been acquired by Orion not a chinese company?

Quote

Posted 11/13/2024 11:54PM #4

Forum Member

Join Date: May 2022

Location: Fort Mill SC, US

Posts: 2

I think Orion purchased Meade and now Orion has gone bankrupt. angry

Quote

Post Reply

Image of the day

About Astromart

My Account

Need Help?

Meade acquired by Jinghua Optics

Funding Member

Sponsors

Search