Options Narrowing as Gibson & KKR Talks Fail

We learned last week that talks between Gibson Brands and deal making king KKR Credit Advisors fell apart in a dispute over “the appropriate consideration for the various parties involved,” according to a statement from Gibson Brands. As yet another … Continue reading

Lutron Partners with SnapAV for OvrC-Enabled RA2 Select

BREAKING NEWS SnapAV announced today that it has partnered with lighting kingpin Lutron to offer a special version of their RA2 Select repeater, part of an entire RA2 Select system, that has been natively integrated into SnapAV’s OvrC remote management … Continue reading

Polls: Facebook Faces a Major Trust Crisis

Stunning Reversal for Once-Loved FANG Brand Facebook finds themselves square in the middle of a political and public relations fire storm, as news of the firms connection to Cambridge Analytica and the harvesting of the personal data on at least … Continue reading

LumaStream is a Star…An Energy Star, That Is

LumaStream announced today that they have achieved Energy Star certification on select models, a notable milestone for the young provider of low-voltage LED lighting solutions. The company says their 481-485 series architectural downlights used with the Trinity 12 450mA DMX … Continue reading

A 2-Time Win-a, Wally Whinna Sells Allnet to SnapAV

A Dramatic Shift in SnapAV’s Strategy SnapAV announced today that it has acquired Allnet Distributing, the Chicago-based distribution company owned by Wally Whinna, who years ago sold a distribution company to Ingram Micro as part of their acquisition of AVAD. … Continue reading

Gibson, After Light Pruning, Plans Global Layoffs

Hundreds of Employees Facing Pink Slips Gibson Brands, a major provider of musical instrument and consumer electronics products, is in the midst of a widely reported liquidity crisis. With more than $500 million dollars in notes coming due late this … Continue reading