SRAM to purchase AVID  
(2 comments) Wednesday, 14-January-2004  3:01 PM - by DOM 
Seems SRAM is going to grab it'self a brake company as they have told the bike world a letter of intent to purchase Avid has been sent. SRAM's plan is to be a company who offers a full component package for the rider this is what SRAM have to say.

The combination of SRAM and Avid creates a stronger company, and the only supplier in the bike industry to offer a broad range of Drivetrain, Suspension, and Brake Systems. SRAM’s breadth in global operations will improve capacity, information flow, and service for the Avid product lines. The combination of Avid’s and SRAM’s proven product development will lead to exciting new product lines.
For more information check out the press release on Pinkbike
PRESS RELEASE

Thanks to Rik and Luc (Acadian) for the heads up.

- DOM -





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