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Thread: Panasonic in talks to buy Leica from Mr. Kaufmann

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    Senior Member petermcwerner's Avatar
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    Panasonic in talks to buy Leica from Mr. Kaufmann

    A serious banker (?) affirming Panasonic to be in talks to buy Leica from Mr. Kaufmann?
    Panasonic buying Leica?: Panasonic Talk Forum: Digital Photography Review
    Peter Werner
    Leica M8, R9+DMR & Digilux 2; Nikon D700; Panasonic FX01, FX150 & G1; Samsung TL350 (WB 2000)

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    Administrator Bob's Avatar
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    Re: Panasonic in talks to buy Leica from Mr. Kaufmann

    They must be after that six bit coding patent
    -bob

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    Re: Panasonic in talks to buy Leica from Mr. Kaufmann

    Quote Originally Posted by Bob View Post
    They must be after that six bit coding patent
    -bob
    meow!


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    Super Duper
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    Re: Panasonic in talks to buy Leica from Mr. Kaufmann

    As I posted at DPReview, a serious banker would know that speaking about or spreading this information would have consequences generally detrimental to your career as a "serious banker".

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    Senior Member ecliffordsmith's Avatar
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    Re: Panasonic in talks to buy Leica from Mr. Kaufmann

    Hi Terry,

    A very good point you make there.

    It would get Leica into the 4/3 game though I suppose if it were true ???

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    Re: Panasonic in talks to buy Leica from Mr. Kaufmann

    Yeah Terry you are right,
    that is why I think this is probably hot air.
    "Serious Bankers" have better security than the US government.
    -bob

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    Senior Member petermcwerner's Avatar
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    Re: Panasonic in talks to buy Leica from Mr. Kaufmann

    Quote Originally Posted by Bob View Post
    I think this is probably hot air. "Serious Bankers" have better security than the US government.
    Or they might spread rumors for a good reason that then become self-fulfilling, like in the case of Lehman Brothers
    Peter Werner
    Leica M8, R9+DMR & Digilux 2; Nikon D700; Panasonic FX01, FX150 & G1; Samsung TL350 (WB 2000)

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    Administrator Bob's Avatar
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    Re: Panasonic in talks to buy Leica from Mr. Kaufmann

    Peter,
    Why would they want to spread a rumor that would cause Panasonic shares to drop and Leica sales to dry up?
    Sounds like a securities manipulator.
    -bob

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    Senior Member ecliffordsmith's Avatar
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    Re: Panasonic in talks to buy Leica from Mr. Kaufmann

    Short options anybody ????

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    Administrator Bob's Avatar
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    Re: Panasonic in talks to buy Leica from Mr. Kaufmann

    Nahh
    I always play long
    -bob

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    Senior Member ecliffordsmith's Avatar
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    Re: Panasonic in talks to buy Leica from Mr. Kaufmann

    Hi Bob,

    Very sensible. You aren't a banker are you ???

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    Senior Member petermcwerner's Avatar
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    Re: Panasonic in talks to buy Leica from Mr. Kaufmann

    Quote Originally Posted by Bob View Post
    Peter,
    Why would they want to spread a rumor that would cause Panasonic shares to drop and Leica sales to dry up?
    Sounds like a securities manipulator.
    -bob
    Bob,
    I would rather think it would have no or little effect on Panasonic shares but put Leica in an unconfortable position. We do not know how much money the Kaufmann family have lost outside of Leica in the current crisis. Panasonic could then appear as the White Knight.
    Peter
    Peter Werner
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    Administrator, Instructor Guy Mancuso's Avatar
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    Re: Panasonic in talks to buy Leica from Mr. Kaufmann

    Maybe now we will get a electronic viewfinder for the M8. LOL

    Seriously I think this is not reality. Kaufman has plenty of money and for him Leica is a pride thing more than a money making adventure. He has many many businesses to absorb any leica loses it could be taking. Of course they will make cost savings a priority but there in the middle of building and moving back to Wetzler and ready to go into production on the S2. I could see more cooperation with Panasonic on camera's like the g1 and such but there high end stuff will be pure leica Germany. If most people only knew how much history, pride and effort leica has to be the absolute best quality camera maker out there than talks like this would never come up. They will sink before they give it up to anyone. They made some mistakes sure but to them that was just a first go round. The S2 ,M9 and R10 will be there redemption products.
    Photography is all about experimentation and without it you will never learn art.

    www.guymancusophotography.com

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    Re: Panasonic in talks to buy Leica from Mr. Kaufmann

    I think and hope you are right Guy.

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    Senior Member petermcwerner's Avatar
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    Re: Panasonic in talks to buy Leica from Mr. Kaufmann

    Quote Originally Posted by guy_mancuso View Post
    The S2 ,M9 and R10 will be there redemption products.
    Guy, I understand your emotional involvement with Leica. Most of us who have been using, buying, supporting Leica products for years, sympathize with the company.

    But in the current economic crisis pride and efforts are not enough to survive; you need competitive products and fast time to market. Both have been missing lately; prices have become out of reach and apart from the S2 adventure, both the M and the R lines look antiquated.

    Leitz has started its camera success story with a bold innovation, the introduction of the Barnack 35mm camera at a high but still affordable price. Today this spirit of innovation seems missing. The S2 is perhaps a technically interesting toy, but it reminds me of the great luxury cars of the 30es, the Dusenberg, Cord, Maybach, Horch, Isotta Fraschini, Hispano Suiza, that did not survive the depression and only live on as collectors items or in pictures like Sunrise Boulvevard.

    By the time the R10 makes it to market, most R photographers (including you and me) will have switched to Nikon or Canon.

    We had great expectations for a new M at the Photokina The main problems, the use of IR filters and the mechanical RF technology, its lack of precision with longer and superfast lenses have not been corrected. It would have needed a new, revolutionary design, such as the solutions included in the G1. Instead, we got a less noisy shutter, a scratch-proof screen and a few other niceties.

    I hope I shall be wrong, but to me the S2 ,M9 and R10 will not be their redemption but their gravestone.
    Peter Werner
    Leica M8, R9+DMR & Digilux 2; Nikon D700; Panasonic FX01, FX150 & G1; Samsung TL350 (WB 2000)

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    Administrator, Instructor Guy Mancuso's Avatar
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    Re: Panasonic in talks to buy Leica from Mr. Kaufmann

    I should have added within reasonable costs for those systems too and i agree Peter it could be there gravestone also if done wrong in the market. I just don't think leica would sell to Panasonic no offense against Panasonic
    Photography is all about experimentation and without it you will never learn art.

    www.guymancusophotography.com

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    Subscriber Member mwalker's Avatar
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    Re: Panasonic in talks to buy Leica from Mr. Kaufmann

    Quote Originally Posted by Guy Mancuso View Post
    I should have added within reasonable costs for those systems too and i agree Peter it could be there gravestone also if done wrong in the market. I just don't think leica would sell to Panasonic no offense against Panasonic
    I posted this in the other thread.

    My experience with German companies is that they don't like to sell outside of Germany.
    Mike

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    Subscriber gogopix's Avatar
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    Re: Panasonic in talks to buy Leica from Mr. Kaufmann

    Quote Originally Posted by mwalker View Post
    I posted this in the other thread.

    My experience with German companies is that they don't like to sell outside of Germany.
    Isn't Dr. Kaufman Austrian?

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    Re: Panasonic in talks to buy Leica from Mr. Kaufmann

    OH! NO!

    Do what ever it takes to stop this, rend your garment and sit in ashes, light candles, burn much joss, sacrifice multitudes of white bulls, run screaming naked into the night but this must be stopped.

    "The market wants a Leica to be a Leica: the inheritor of tradition, the subject of lore, and indisputably a mark of status to own."
    Mike Johnston


  20. #20
    wilsonlaidlaw
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    Re: Panasonic in talks to buy Leica from Mr. Kaufmann

    The only company around at the moment who is German, in an acquisitive mood and got the cash is Porsche. Now that could be a happy marriage.

    Wilson

  21. #21
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    Re: Panasonic in talks to buy Leica from Mr. Kaufmann

    Quote Originally Posted by Guy Mancuso View Post
    I just don't think leica would sell to Panasonic no offense against Panasonic
    They already license their name to Panasonic for all those "Leica Dicomar" (et al) lenses on Panasonic compacts and video cameras. Maybe Panasonic is tired of paying for the eggs and wants to buy the chicken instead.

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    Re: Panasonic in talks to buy Leica from Mr. Kaufmann

    Rumors from dp review Ay one want to buy a bridge ges from Brooklyn to Manhattan you can put a toll on it make millons. Maybe some day this could happen but I doubt it.

  23. #23
    TimF
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    Re: Panasonic in talks to buy Leica from Mr. Kaufmann

    There's been a statement issued - click.

    Unfortunately, words such as "speculation" and "rumour" aren't strong enough to dismiss this dismal tale yet.

  24. #24
    nei1
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    Re: Panasonic in talks to buy Leica from Mr. Kaufmann

    Seems quite reasonable,they are obviously mechanically linked,this strongly suggests a certain permanancy and financial dependency.

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    Administrator Bob's Avatar
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    Re: Panasonic in talks to buy Leica from Mr. Kaufmann

    I suppose area 51 is closed too.

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    Senior Member petermcwerner's Avatar
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    Re: Panasonic in talks to buy Leica from Mr. Kaufmann

    Quote Originally Posted by Bob View Post
    I suppose area 51 is closed too.
    My ignorance: what is area 51?
    Peter Werner
    Leica M8, R9+DMR & Digilux 2; Nikon D700; Panasonic FX01, FX150 & G1; Samsung TL350 (WB 2000)

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    Re: Panasonic in talks to buy Leica from Mr. Kaufmann


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    Senior Member petermcwerner's Avatar
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    Re: Panasonic in talks to buy Leica from Mr. Kaufmann

    Quote Originally Posted by TimF View Post
    There's been a statement issued
    Leica will always be at the receiving end of company strategy speculation.

    Hardly a very clear denial.
    Peter Werner
    Leica M8, R9+DMR & Digilux 2; Nikon D700; Panasonic FX01, FX150 & G1; Samsung TL350 (WB 2000)

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    Subscriber Member mwalker's Avatar
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    Re: Panasonic in talks to buy Leica from Mr. Kaufmann

    A strong partner in the video market may be a necessity in the future.
    Mike

    website under construction

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    Re: Panasonic in talks to buy Leica from Mr. Kaufmann


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