UK tech retail giants Dixons Retail and Carphone Warehouse are set to merge and become Dixons Carphone – but what does the industry think of the news?
We took to Twitter to round up the top 15 tweets from industry twitterers:
Big day today as we create Dixons Carphone. A rare thing – a true merger that is based on strategic logic.
— Sebastian James (@BootsSebJ) May 15, 2014
"I do" with these words Dixons CPW have sealed their union,the fun begins.At least we know James & Harrison get on,now it's up to the teams
— Adam Simon (@adamcontext) May 15, 2014
If merger goes ahead, I'll have 40,000 colleagues, and we can anticipate more as we grow!
— Mark Webb (@MarkWebb_) May 15, 2014
Dixons confirms merger of equals with Carphone Warehouse, as well as decent Q4 trading
— Bryan Roberts (@BryanRoberts72) May 15, 2014
CarDixonPhone positioning itself as "the internet of things" retailer. Surely consumers will continue to buy fridges and phones not things?
— Rory Cellan-Jones (@ruskin147) May 15, 2014
As Carphone & Dixons merge, vendors should not fear a return to dark days of a Dixons' monopoly. Amazon, Tesco et al will keep markets open
— Canalys (@Canalys) May 15, 2014
Dixons Carphone plc – a new retailer for the new digital age! Exciting day ahead talking to lots of media about our proposed merger.
— Hannah Collyer (@HannahCollyer) May 15, 2014
Not buying this 'connected home' spin on Dixons CPW merger. Cost cuts, buying power and defense against phone carrier shops are real reasons
— Patrick O'Brien (@pat_gdretail) May 15, 2014
Worst name of all time. Dixons Carphone. Who cares about car phones ? And Dixons as a brand?
— Andy Payne (@PercyBlakeney63) May 15, 2014
Phones4u CEO David Kessler says he is "naturally disappointed" after Dixons Carphone merge. Says current Dixons deal worth >10% P4u revenue
— CyNic Fildes (@NicFildes) May 15, 2014
After strong Q4 trading, Dixons trumpet that “it is good to be in such a strong position as we embark on this adventure with Carphone”
— Nick Bubb (@NickBubb1) May 15, 2014
.@dixonsseb during merger webcast: "One analyst said: 'Two traditional retailers do not an Amazon make,' and she's right – we make profits."
— PCR Magazine (@pcr_online) May 15, 2014
Swiftly followed by "And pay our taxes…"
— PCR Magazine (@pcr_online) May 15, 2014
Dixons/Carphone both falling. Theories I've heard – hangover from Best Buy deal, merger of equals means no premium. Any others?
— Oscar Williams-Grut (@OscarWGrut) May 15, 2014
Interesting that new business to be called Dixons Carphone rather than putting names in alphabetical order. Lord Kalms will be pleased.
— George MacDonald (@GeorgeMacD) May 15, 2014