Pioneer exiting power meter market, transfer assets to Shimano

By DeanYobbi

TORRANCE, Calif. (BRAIN) — Pioneer Cycle Sports will cease production of power meters, cycling computers, and pedal monitoring as of March 31 and transfer some assets of its Cycle Sports business to Shimano.

“It’s been a great ride, but it’s time for us to sign off,” began an Instagram post Tuesday afternoon.

Many of Pioneer’s products have been designed to be compatible with Shimano. The transfer of the Cycle Sports technology to Shimano will incorporate Pioneer’s strength in electronics and IT and enhance Shimano’s products and services, achieving Pioneer’s aspiration to contribute to a wider range of customers, a company spokesperson told BRAIN.

For additional questions, the company recommends to contact cycle-sports@pioneer-usa.com.

In a follow up comment on Instagram, Pioneer said warranty claims will continue to be handled by Pioneer Service.

Pioneer’s Cycle Sports moved to a new facility in Torrance in 2017. Pioneer Electronics entered the bike business about seven years ago with power meters.

Pioneer Cycle Sports developed and introduced the world’s first pedaling monitor, cycle computers and web services (Cyclo-Sphere) for cyclists in 2013.

According to a Pioneer press release, a significant portion of the Pioneer Cycle Sports product portfolio has been designed to be specifically compatible with or sold pre-installed …read more

Via:: Bicycle Retailer and Industry News