MQA Limited has notified Companies House, the U.K. government agency that is roughly equivalent to our Securities and Exchange Commission, that it has changed its name. After nine years as MQA Limited, the company will now be known as Wave Realisations Limited.
Well, another CEDIA Expo is in the books and we return to our daily duties and launch into a new Fall season full of promise…and concerns. What were the big stories of this year’s edition of Emerald’s (a public, for-profit company that owns the show) CEDIA Expo? Well, I’ve scanned several summations from others in the media and it almost seems like we attended different Expos. Here’s what I think they are…
See my Top Stories from CEDIA Expo 2023[Read more…] about Here are My Top Stories from CEDIA Expo 23
OneVision, one of the original remote 24/7 service support providers for integrators, is now offering a new set of service options called Flex Support Packages designed to make it easier than ever for integrators of any size to get started with the company’s remote support service and recurring monthly revenue (RMR) options. A company started (and still run) BY integrators FOR integrators, OneVision continues to offer integrators smart support options that make it simple and profitable for them to get started.
Learn More about the new OneVision Flex Support Packages[Read more…] about OneVision Launches New Flex Support Packages Opening Entry-Level Options
Last week, Snap One Holdings Corp. (Nasdaq: SNPO) released its financial results for the second quarter of fiscal 2023, the 13-week period ending June 30, 2023. The company reported mixed results with a continuing sales decline but with a reduced net loss in the quarter.
See more on the SnapOne 2nd quarter fiscal ’23 report[Read more…] about Snap One Reports 2nd Quarter Fiscal ’23 Results; Net Sales Declined, Net Loss Reduced
Lawsuit Alleges Unethical Biz Practices from CI Brands Perceived as Upstanding Citizens
On Monday, Snap One revealed that it had filed a lawsuit against two other well-known, if smaller, brands, alleging patent infringement and a range of illicit and unethical business practices that it claims violated existing contractual agreements. The defendants in this matter are Josh.ai and AVA.
The allegations, if true, are really quite surprising.
See more on Snap One vs Josh.ai and AVA[Read more…] about Snap One Sues Josh.ai and AVA for Patent Infringement and So Much More
Nice North America, part of the globally significant Nice S.p.A. of Italy, announced this week that it has implemented what it calls pivotal changes within its North American operations (U.S. and Canada) that it believes will “further boost growth and innovation.” It is the first major structural change here in the U.S. since Italy’s Nice acquired Nortek Security and Control from Melrose PLC back in October 2021.
See the changes Nice is making in North American Ops[Read more…] about Nice Announces ‘Pivotal Changes’ in N.A. Operations to Drive Growth
This morning, AVPro Global Holdings, Inc., a maker of a wide variety of audio/video gear and services, announced it has acquired the residential division of AudioControl from AAMP Global. Like King Solomon, the move “splits the baby” in half along its logical business lines with AVPro Global taking over AudioControl’s residential division, while AAMP Global retains its mobile electronics business.
See more on the AudioControl acquisition by AVPro Global[Read more…] about AudioControl Residential Division Acquired by AVPro Global Holdings
Emerald Expositions, owner of the CEDIA Expo taking place this year in Denver from September 6-9, 2023, announced it is bringing back the Launchpad (formerly known as Innovation Alley) to the Expo floor. The Launchpad highlights several new and emerging companies that take advantage of the event to launch new technologies to the industry.
Learn who will be on the CEDIA Expo Launchpad this year[Read more…] about CEDIA Expo Brings Back the Launchpad to Highlight Emerging Tech Companies
These are turbulent times at Masimo Corp. [NASDAQ: MASI] as the company continues its pitched battles against Apple Inc. for patent infringement and against activist investment group Politan Capital Management which seeks two Board seats for new oversight at the company. Mailings to MASI investors began in early May and continue to increase in frequency – and intensity – in the days leading up to the company’s Annual Meeting of Stockholders on June 26, 2023.
What’s it all about? Largely, it is about Masimo’s $1 billion acquisition of Sound United (now Masimo Consumer) which caused the company’s market value to drop over $5 billion the day after the acquisition was announced. It appeared to be a clear repudiation of the management strategy by Masimo investors.
Learn more on the proxy war with Politan and what it means for Sound United[Read more…] about Masimo in Massive Proxy War with Politan; Future of Sound United Hangs in the Balance
Last week, in a national online Teams conference with dealers, Parasound CEO David Sheriff presented his plans for the company’s future. Tightly scripted, the CEO spoke with a firm resolve in a no-nonsense manner. It was clear that the initiatives he announced that day were not topics for more discussion or debate, but rather what is going to happen. And he made it clear that some dealers viewing the online presentation that day will likely not agree with these plans, and that’s fine.
“Let’s talk about parting ways,” Sheriff said, looking directly into the camera without blinking.