Sounds like they're planning to keep BCA intact, which I read to mean their engineers and other related staff as well as the namebrand. Provided they actually follow through and don't change their minds after a couple yrs, this could be a great thing. Having K2 $$ for R&D and marketing should result in some much-improved gear...
15 NS Ripsaw . 14 NS Proto HD . 14 NS Cobra . 13 Gnu Space Case EC2 . 2013 Salomon Pow Snake
14 Now Drive . 13 Now IPO
14 Flow Hylite