In Letter to Dealers: Status of Classé is Still Mysterious

The mysterious circumstances enveloping high-end electronics manufacturer Classé, part of the B&W Group, that we first reported on last week appear to be continuing. There has been a new development – a new communication about the matter to Classé dealers by … Continue reading

Reformulated Russound is Ready to Rumble

In an extended meeting with Russound CEO Charlie Porritt and Vice President of Product Development Colin Clark, Strata-gee had the opportunity to learn details of the relatively dramatic developments at the company – many taking place behind the scenes – … Continue reading

Management Turnstile Turns Again at Thiel Audio

BREAKING NEWS We learned this week that Thiel Audio (Thiel) has had another significant round of layoffs, including CEO Tom Malatesta, Chief Revenue Officer Stuart Levine, Director of Music Industry Relations Mark Mason (no relation to engineer Mark Mason who … Continue reading

Crestron and Sonos Deepen Their Relationship

BREAKING NEWS Crestron announced today that it is dramatically deepening its partnership with Sonos that was first revealed at last Fall’s CEDIA show. That partnership, which Strata-gee was the first to break the story on ahead of the 2016 CEDIA … Continue reading

Gibson Brands Takes Control of Onkyo Corp.

BREAKING NEWS In a filing with Japan’s JASDAQ stock exchange, Onkyo revealed this week that at the end of June, major investor Gibson Brands became the largest shareholder for the first time since its relationship with the Osaka-based manufacturer of … Continue reading

Legrand Acquires Milestone in Largely a Commercial Play

France’s Legrand announced today it has signed an agreement to acquire Milestone AV Technologies in a deal valued at $950 million. The deal is another example of continued industry consolidation, although in this case, it was largely a play by … Continue reading

PE Firm General Atlantic Sells Its Stake in SnapAV

BREAKING NEWS SnapAV announced today that General Atlantic, its private equity partner, has sold its ownership interest in the company to San Francisco-based Hellman and Friedman, another private equity group. The move, while unexpected, is not unusual in the world … Continue reading