Strategy in TECH...
High performance loudspeaker manufacturer Bowers and Wilkins (B&W) sent a letter to their dealers last week addressing issues that have arisen recently, especially as they pertain to the management of the company. As is often the case with this company, the letter answered some questions…but raised others.
What if every time you rolled a truck on a service call with a Level 1 tech, you could be fully assured of a complete resolution to the client’s satisfaction no matter how complex or sophisticated the system issue? Does that sound like a dream? No…that sounds like Help Lightning.
*By now you’ve likely heard about the massive sell-off on Wall Street over the last week or two that is largely a reaction to the spreading coronavirus pandemic and its potential impact on markets. Although not a new situation, coronavirus (now known as COVID-19) has spread around the world and is now making its way into the United States – potentially putting U.S. markets and companies like Emerald Expositions in jeopardy.
But while most public companies have seen their stock values drop during this market decline, Emerald Expositions has seen the market value of their stock decline at a much greater clip… What’s going on?
When news first appeared two months ago that Frank Sterns was making the move from Sony to Sound United, many folks asked…why? At Sony, he was a top executive with a global CE leader positioned at the top of the industry food chain…a backbone-of-the-industry brand…the inventor of many of the core technologies used in just about every home in America today. Yes, Sound United is a global player as well, but in a much more limited way…and focused exclusively in only one area…audio.
Maybe you’ve heard the buzz about a major shake-up taking place at B&W. Reports out of the U.K. say that Gideon Yu, Greg Lee, David Liu and others have all stepped down from the Board of Directors. There is a link being passed around to a web page for the “Companies House,” which is a government-connected registrar of companies and corporations. The link goes to a page which indicates that several B&W executives and directors have “resigned” their positions. So just what is going on?
Sony Electronics Inc. announced that it has appointed Jeff Goldstein as head of sales for the custom integration channel. Goldstein, who is said to have a multi-decade career at with the company and who is well versed in the custom channel will continue to build on the brand’s success with this channel.
I hardly know where to begin, there’s so much to unpack here from a 20-page quarterly report and a 210-page annual report. Emerald Expositions Events, Inc. [NYSE: EEX] has released their fiscal 2019 fourth quarter and full year results…and it’s hard to overstate the level of turmoil exhibited there. What kind of turmoil, you ask? Read on…
AudioControl, a specialty electronics supplier with growing influence in the residential custom integration channel, has recently expanded into the commercial space with their CM Series of products. At ISE last week, the company announced a significant expansion of that lineup with three new 70-volt amplifiers that feature Dante digital audio networking capability built-in.
Sonance launched a unique new small-scale outdoor system at last week’s ISE in Amsterdam that they say is the perfect solution for what they call “petite outdoor spaces.” Consistent with their philosophy that the best systems combine wide, balanced coverage along with high-performance standards, this new little system will have you redesigning your outdoor living spaces to add more music with less clutter.
Savant Systems LLC held their 2020 Integrator Summit this year in conjunction with the International Builder Show in Las Vegas, NV on January 20-23. At that event, the company unveiled a large array of new products and new strategic partnerships, showing they intend to retain their innovative edge that has attracted so many integrator fans.
