BikeBiz Bicycle and cycling retail news
SRAM has announced the acquisition of the PowerTap line of bicycle power meters from Saris.
The PowerTap product line includes the PowerTap P2 Pedal power meter system and the PowerTap G3 Hub power meter line.
SRAM said it plans to incorporate the PowerTap power meter products into the Quarq product portfolio, including DZero power meters, ShockWiz suspension tuning assistants, and TyreWiz tyre pressure sensors.
“Way back in 2006 when I started Quarq, PowerTap was the dominant power meter solution. The accuracy and durability of PowerTap hubs were the standard of power meter performance and set a high bar for us to meet,” said Quarq founder Jim Meyer. “It’s very exciting to now bring PowerTap products into the SRAM/Quarq product family. The future product opportunities are enormous.”
“We are proud of our accomplishments in the power meter sector,” said Jeff Frehner, Saris president and COO. “We took a product category exclusively available to pros and made it accessible to all athletes looking to reach their highest potential. Today marks the start of a new generation of Saris. While PowerTap is leaving the Saris portfolio, we are excited to grow our product offerings across current and future categories.”
PowerTap sales, support and service will continue during the transition. Saris will continue to sell and support the PowerTap product line from Madison, Wisconsin, for a number of weeks during the transition period. After the transition period, SRAM will assume all sales and support of PowerTap from Spearfish, South Dakota, home of the Quarq power meter team.
