The Week in Tech rounds up must-read tech stories from across the industry every Friday. Read on for this week’s editorial picks.
Raleigh bought by Accell group
Iconic British cycling brand Raleigh has been bought by Accell Group, a Dutch company which also owns the Lapierre, Ghost and Koga bike brands. Accell purchased Raleigh for approximately €60 million.
“I am delighted with the conclusion of the sale of Raleigh to Accell Group,” said CEO of Raleigh Cycle Limited Alan Fiden-Crofts. “As talks progressed with the various interested parties earlier this year, Accell Group emerged as the clear preferred buyer for the business, given the highly complementary product range and geographic presence of the two businesses. In Raleigh, Accell Group is acquiring a true global brand with 125 years of heritage and distribution into over 140 countries worldwide, and I am entirely confident that Raleigh has found the ideal buyer to support the employees, customers, suppliers and the future growth of the business.”
Lightweight Obermeyer Gold ED wheels
In case regular Lightweights aren’t exclusive enough, the German company is now offering 99 limited-edition Millenstein Obermeyer sets. Each gets four gold spokes and gold-accented hubs, as well as Mr. Obermeyer’s signature on the rim.
The wheels are otherwise the same as regular Millenstein Obermeyers – 53mm deep, 19.5 mm wide, with full-carbon construction (including spokes) and a weight of only 1140 grams for a set.
Price is $4,500, and 35 have already been purchased.
Merckx debuts split-tube ETT time trial frame
Eddy Merckx’s new ETT time trial bike doesn’t look like anything too special from the side — all the usual aero features are visible: hidden front brake, skinny top tube, deep fork and seat tube. But take a closer look at the downtube and the company’s unique engineering becomes immediately apparent.
Rather than stick with one skinny tube, Merckx has split the downtube into two, with three slots down the middle.
“By opening up our downtube with these so-called Venturi slots, we are keeping the same stiffness as a closed profile, but we can reduce the aerodynamic drag significantly,” says Eddy Merckx R&D engineer in a promo video for the new frame.
The bike was designed in conjunction with Toyota/Lexus and their wind tunnel in Cologne, Germany.