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Ted

Pokemon Go Hits Major Milestone, Already

July 14, 2016 by Ted Leave a Comment

Now On More Smartphones Than Twitter

Pokemon Go logoThis morning we learned a stunning statistic – Pokémon Go, that new game that incorporates augmented reality and that is all the rage right now – has hit an impressive milestone. According to data from MFour Mobile Research, Pokémon Go is now on more Android smartphones than Twitter.

Why is this stunning? Read on to find out… [Read more…] about Pokemon Go Hits Major Milestone, Already

Filed Under: Brands, News, Statistics, Tech Trends Tagged With: augmented reality, Pokemon Go

New Large Freshman Class at ProSource

July 13, 2016 by Ted Leave a Comment

ProSource LogoProSource announced this week the addition of 21 new members, a fairly large freshman class, even for the organization that bills itself as the “largest audio, video and integration buying group in the country.” According to the organization, this freshman class is worth about $43 million in total retail sales.

See who joined ProSource… [Read more…] about New Large Freshman Class at ProSource

Filed Under: Associations, News, Retailers Tagged With: ProSource, Sherry Dantonio

Look Out Nortek, Here Come the Lawyers

July 13, 2016 by Ted Leave a Comment

Acquirer Melrose Offers a Peek at Its Plans

Nortek LogoThe ink is barely dry on their agreement to be acquired by Britain’s Melrose Industries PLC, and already Nortek Inc. finds themselves the subject of multiple investigations by several major law firms who have publicly notified shareholders this deal may not be a good one for them. It is not clear if these law firms intend to take action yet, but if so, it could be a complicating factor in the transaction.

See who is stepping up to investigate Nortek… [Read more…] about Look Out Nortek, Here Come the Lawyers

Filed Under: Financial, Manufacturers, News, Pivot Point, Strategy Tagged With: acquisition, Core Brands, Melrose, Melrose Industries PLC, Nortek, Nortek Inc.

Nortek Sold to British Investment Company

July 6, 2016 by Ted Leave a Comment

BREAKING NEWS

Melrose logoThe summer continues to heat up with the second major acquisition announcement in two days. Melrose, PLC, a UK-based investment company that buys underperforming companies, improves their operations, and then resells them, has acquired Nortek, Inc. in a deal that pays Nortek shareholders $86 per share – a 38% premium over yesterday’s closing price. The deal, an all-cash offer, is expected to close by the end of August.

See more on this acquisition… [Read more…] about Nortek Sold to British Investment Company

Filed Under: General Topics Tagged With: acquisition, AVC, Christopher Miller, Core Brands, Elan, Melrose, Melrose Industries, Melrose PLC, Michael J. Clarke, Niles, Nortek, Nortek Inc., SpeakerCraft, Xantech

AVAD Sold to Private Equity Company

July 5, 2016 by Ted Leave a Comment

BREAKING NEWS

Industry Veteran Tom Jacoby is AVAD’s New CEO

New AVAD logoNews comes this 4th of July holiday week that Ingram Micro, itself just recently acquired by a Chinese shipping company, has sold off AVAD, LLC and AVAD Canada Ltd., to Kingswood Capital Management, a private equity company. In an announcement from Kingswood, the company says it has brought in a new upper management team – including a new CEO, industry veteran Tom Jacoby.

See more on the sale of AVAD to private equity… [Read more…] about AVAD Sold to Private Equity Company

Filed Under: Brands, Financial, Manufacturers, News, Pivot Point, Strategy Tagged With: Alex Wolf, Alliance of Value Added Distributors, AVAD, Fred Farrar, Harman, Ingram Micro, Kingswood Capital Management, Klipsch, Tom Jacoby

Nexia Brings Echo-Based Voice Control to Home Automation

June 23, 2016 by Ted 2 Comments

Voice Command is ‘One of the Great Technological Breakthroughs’

Nexia logoNexia, a division of monster company Ingersoll Rand and supplier of smart home products and solutions, announced this week that Nexia-certified products will now be able to be controlled with simple voice commands through Amazon’s Echo. Clearly joining the new wave of companies who believe voice-command is the “next big thing” in home automation, Nexia is moving quickly to embrace voice control.

See more on Nexia’s new initiative in voice control… [Read more…] about Nexia Brings Echo-Based Voice Control to Home Automation

Filed Under: Brands, Industry Trends, News, Tech Trends Tagged With: Alexa, Echo, home automation, Nexia, smart home, voice command, voice control

Russound to Get Serious about Commercial at CEDIA

June 23, 2016 by Ted Leave a Comment

Company Will Premiere a New 70-Volt Line of Commercial Products

RussoundLogoThey’ve been hinting about it for months, now Russound makes it official, they will launch an all-new line of 70-volt products targeted for the light commercial market at the upcoming CEDIA Expo in Dallas in September. Although the company had no specific model/feature information for the press at this time, the news is noteworthy nonetheless as the company is clearly expanding into more commercial-appropriate products this year.

See more on this announcement from Russound… [Read more…] about Russound to Get Serious about Commercial at CEDIA

Filed Under: Manufacturers, Marketing, News, Products, Tech Trends Tagged With: Charlie Porritt, Colin Clark, Pete Baker, Rajeev Agarwal, Russound

LCD Kingpin Sharp, Under New Management, Pursues OLED

June 22, 2016 by Ted Leave a Comment

Sharp to Cut Another 7,000 Employees

Foxconn logo

Big changes are coming to Sharp, Corp. in the wake of their acquisition by Hon Hai Precision Industry Co – better known as Foxconn. News out of Japan notes that the deal between Sharp and Foxconn officially closes at the end of this month. According to both parties, the acquisition is proceeding smoothly and is fully expected to close on time.

But Foxconn has big plans for big changes at Sharp… [Read more…] about LCD Kingpin Sharp, Under New Management, Pursues OLED

Filed Under: Asian Connection, Management, Manufacturers, News, Pivot Point, Strategy, Tech Trends Tagged With: acquisition, Foxconn, Hon Hai Precision Industry Co., Kozo Takahashi, Sharp, Terry Gou

CEDIA Seeks Participation in 2016 Size & Scope Survey

June 22, 2016 by Ted Leave a Comment

Participants Get a Chance to Win a $500 Gift Card

cedia logoThe Custom Electronics Design & Installation Association (CEDIA) announced today that its Size and Scope Survey is now open for participation by residential systems installation pros. This survey, one of the largest the trade association conducts every year, collects data from participants to provide market level information that is then made available to members to assist them in planning their business.

See more details on this CEDIA survey and how you can participate… [Read more…] about CEDIA Seeks Participation in 2016 Size & Scope Survey

Filed Under: Associations, Marketing, News, Survey Tagged With: CEDIA, Vin Bruno

Samsung’s Head is in the Clouds; Acquires Joyent

June 16, 2016 by Ted Leave a Comment

With Samsung’s Backing, Joyent is Poised to Become Major ‘Cloud’ Player

Samsung logoSamsung announced late Wednesday that it has acquired Joyent, a relatively new start-up company that offers cloud computing services, according to a report by Recode. The specifics of the deal were not disclosed, but Joyent management has said it will be joining the Samsung management team.

Why has Samsung acquired a services company? See our thoughts below… [Read more…] about Samsung’s Head is in the Clouds; Acquires Joyent

Filed Under: Brands, Financial, Industry Trends, Manufacturers, News, Pivot Point, Tech Trends Tagged With: cloud, cloud computing, Internet of Things, IoT, Joyent, Samsung

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Ted Green Bio

A former dealer, manufacturer, distributor & more. Focusing on business strategy, my goal is to help you make better decisions for greater success.

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