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Post by Richie3Jack on Mar 20, 2012 9:24:53 GMT -5
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Post by rohlio on Mar 20, 2012 10:12:17 GMT -5
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Post by golfbaka on Mar 20, 2012 11:00:36 GMT -5
My money's on TM doing 'a Callaway' gobbling up Adams and spitting out the bones. I doubt very much that they'll do like Titleist/Cobra did...
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Post by gmbtempe on Mar 20, 2012 11:52:16 GMT -5
Yea, Adams is done
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Post by golfbaka on Mar 21, 2012 4:38:52 GMT -5
What did TM do with Maxfli? Oh yeah, expunged it.
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Post by kamandi on Mar 21, 2012 5:20:19 GMT -5
Ack! Too bad.
Adams makes quality stuff. I also like the look at address. I got the Fast 10 driver, and though it's not a tour model, it looks pretty neutral. Most manufacturers have their standard models with at least a slight draw bias.
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Post by Richie3Jack on Mar 21, 2012 7:24:45 GMT -5
Adams is gone.
It's pretty commonplace in corporate America for the bigger company to buy out the smaller company and eventually dissolve it.
In this case, I think they'll keep it around for a year or so, keep some of the key people...mainly the designers and R&D types. But, the real reason to buy them is to take them out as competition, given how successful Adams was and primarily known as a woods and hybrids company.
I'm more disappointed in Adams Golf, which was reportedly doing extremely well financially, only to allow themselves to be bought out by another company that they know will dissolve them in a few years and cost a lot of people their jobs instead of looking for an investment group as a buyer.
And it's a real shame considering how Barney Adams built that company from virtually nothing into a real player with a beloved following.
Like I always say, never under-estimate another man's greed.
3JACK
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Post by gmbtempe on Mar 21, 2012 13:31:19 GMT -5
Adams is gone. It's pretty commonplace in corporate America for the bigger company to buy out the smaller company and eventually dissolve it. In this case, I think they'll keep it around for a year or so, keep some of the key people...mainly the designers and R&D types. But, the real reason to buy them is to take them out as competition, given how successful Adams was and primarily known as a woods and hybrids company. I'm more disappointed in Adams Golf, which was reportedly doing extremely well financially, only to allow themselves to be bought out by another company that they know will dissolve them in a few years and cost a lot of people their jobs instead of looking for an investment group as a buyer. And it's a real shame considering how Barney Adams built that company from virtually nothing into a real player with a beloved following. Like I always say, never under-estimate another man's greed. 3JACK Yea, this just leads to the golfer getting an inferior product because of a lack of competition. |
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Post by Richie3Jack on Mar 21, 2012 13:48:45 GMT -5
Yea, this just leads to the golfer getting an inferior product because of a lack of competition. I agree. I just think this is a major problem for golfers when it comes to woods and hybrids. Adams was a real specialist in this area. Taylor Made has been off and on with their woods and hybrids. They sell well, but IMO, the quality isn't always there. I think they've done well with the RBZ, but the R9 wasn't very good and the R11 was decent...more or less a step-up from the poorly designed R9. PING is mostly known for the drivers instead of the fairways or hybrids. Callaway has fallen off the earth with their woods and hybrids. I can't remember the last time I've played with a golfer who used a newer model Callaway driver. Titleist makes good woods and hybrids year in and year out. I just think that with Adams, you were always curious as to what they had to offer year in and year out. They also had the best stock shafts year-in and year-out. That will soon be gone. 3JACK |
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Post by secondary on Mar 21, 2012 22:26:22 GMT -5
This sucks. I have been holding on to my A4's (which I bought used) waiting till "I get better" to buy my next set of Adams. Bummed.
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Post by rohlio on Mar 22, 2012 20:01:12 GMT -5
I have played adams hybrids since the original Idea Pro model. I game pro blacks now. I have been playing adams drivers since the 9015D, 9064 and a 9032 now. There is no chance they survive this with the ability to put out such great products.
The buying price was only 70 mil. That tells me all I need to know about this deal. I believe that they were bought explicitly for the intellectual property and because Taylormade lifted the velocity slot tech for use in their RBZ line and this heads off lawsuits.
Goodbye adams I am glad I love my bag exactly as it is. If my driver heads ever cave in I am screwed.
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Post by cloran on Mar 22, 2012 21:50:49 GMT -5
Adams Peanut V1 heads are/were some of the best ever made... still gaming 'em.
That being said...
Congratulations Barney, you sold out and now you're rich. I'm sure the employees that get tossed aside will find work again real soon. You're livin' the American dream... start a business, make is successful, then sell out to the competition for a few bucks and let your customers/employees find shelter elsewhere.
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