If we had no winter, the spring would not be so pleasant: if we did not sometimes taste of adversity, prosperity would not be so welcome.
Anne Bradstreet, ‘Meditations Divine and Moral,’ 1655
Strategy in TECH...
If we had no winter, the spring would not be so pleasant: if we did not sometimes taste of adversity, prosperity would not be so welcome.
Anne Bradstreet, ‘Meditations Divine and Moral,’ 1655
In a story that has largely flown under the radar in our industry but is being widely discussed at street level, Ingram Micro has announced plans it calls its “global organizational effectiveness program” that, among other things, calls for substantial layoffs in its North American operations. These layoffs will hit a division that is one of our industry’s largest distributors of custom integration products, known to most of us as AVAD.
In a story we reported last week, there has been a shake-up in management at Kaleidescape, a popular media server manufacturer. In this shake-up, several employees left the company…including the CEO. The company would not comment on our story, but said a statement was forthcoming.
We reported last week that a shake-up was taking place at media-server maker Kaleidescape that included the exit of several key employees, including the CEO. We attempted several times to reach the company for a comment, but even when we finally spoke to Kaleidescape’s VP of Marketing, they refused to comment on our report. However, after our story ran, we received word that the company did intend to respond.
by Ted 2 Comments
Our inquiry started innocently enough. Last week, we received an emailed press release that contained this headline: “VANA Ltd. Appoints Stephen DeFuria as Director of Sales, East.” Now we generally receive dozens of press releases every day – but this one caught our immediate attention…literally causing us to pick the phone to make a call for confirmation. Why? Because Stephen DeFuria was part of a team hired by Thiel Audio to help turn that business around – and now, only one year later, he is out…with no explanation. But that was just the beginning.
Six major Japanese electronics manufacturers are prepared to agree to raise employee pay when they meet with union representatives at the upcoming spring labor-management wage talks, according to a report in the Japan Times. Yet to be worked out is the exact amount of the increase – the first such increase for workers since 2008.
Audio Control – the U.S. manufacturer of a unique line of solutions for mobile, home, and industrial markets – announced at the end of February that it has launched two new audio/video receiver (AVR) models called the Concert AVR-6 and AVR-8. These two new models replace the existing AVR-4 with upgraded construction and new capabilities, including support for 4K Ultra HDTV and 3D.
by Ted 2 Comments
Starting first thing this morning, our office was inundated with multiple sources contacting us by phone and email to tell us that something big was happening over at Sunnyvale, CA-based, media-server company Kaleidescape. While there were minor variations on the stories we received, they all came down to the same thing – an exit of several employees, including some top executives, from the company.
Reuters reported this week that Bain Capital, the private equity company that virtually became a household name when CEO Mitt Romney ran for president against Barack Obama, is seeking to refinance the buyout financing it used to acquire D&M Holdings, Inc., also known as the D+M Group. It’s not going to be easy.
A former dealer, manufacturer, distributor & more. Focusing on business strategy, my goal is to help you make better decisions for greater success.