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...
16 Gnu Swallow Tail Carver . 16 NS West . 15 NS Snowtrooper BIA
16 Burton Genesis X . 15 Now Drive
16 Flow Talon . 14 Flow Hylite