WSJ Says Deal Valued at Around $250M On Wednesday, we learned that Savant Systems Inc. (Savant), has acquired the lighting business from none other than the mighty GE. Terms of the transaction were not released, but the Wall Street Journal … Continue reading
OK…I don’t want to overstate this, but over the last few years, integration industry giants Crestron and Lutron have been…shall we say…a little competitive with each other. Maybe not directly so, but certainly there have been skirmishes over several lines … Continue reading
Sound United LLC, the parent company to brands such as Denon, Marantz, Polk Audio, Definitive Technology, Classé, and Boston Acoustics, announced on Tuesday that they have joined forces with Home Technology Specialists of America (HTSA), a leading trade consortium of … Continue reading
For several days now, multiple sources have reached out to Strata-gee to report that Doug Cole, Senior Vice President and General Manager of Universal Remote Control – better known as URC – has left the company. I have confirmed his … Continue reading
AudioQuest Announces Downsizing A relatively large number of readers and industry sources have reached out to Strata-gee with word of cutbacks and layoffs at various industry brands – as the impact of coronavirus (COVID-19) takes its toll on the U.S. … Continue reading
When last we heard from Audio Design Associates just this past December, the company had put out a statement to industry media that a company shutdown was likely imminent. This was shocking news from a company with a long and … Continue reading
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 … Continue reading
Jamie Siminoff, Ring founder 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 … Continue reading
[Photo: REUTERS/Stringer] The U.S. International Trade Commission has announced that it is launching a patent investigation into various speaker and controller products offered by Alphabet Inc.’s Google brand. This investigation initiation is the result of a formal complaint made by … Continue reading
Sonos, Inc. this week reported a strong first quarter for their 2020 fiscal year. In fact, the company says it had a record quarter with strong revenue and profit gains. See more on the Sonos record quarter results … Continue reading