Last Week Onkyo, Now Sound United Reorganizes in Wake of Failed Acquisition Deal

For a few weeks now, I’ve been chasing a rumor that both sides of the failed Sound United acquisition of Onkyo’s branded A/V business were in the throes of a major reorganization. The rumors, it seems, were true – starting … Continue reading

No Josh-ing, AudioControl & Josh.ai Partner for a Better User and Integrator Experience

AudioControl and Josh.ai announced last week that they were partnering with an integration that will allow integrators to offer their clients a better voice-enabled home entertainment control experience. A perfect blend of the high-quality electronics from AudioControl, coupled with the … Continue reading

Private Equity Giant Apollo Global Management Acquires Tech Data in $5.4B Buyout

Tech Data, one of the largest technology distributors in the U.S. and globally, has been acquired by Apollo Global Management, a private equity powerhouse, in a deal valued at $5.4 billion. The deal announced today, is expected to close by … Continue reading

Origin Acoustics Announces an Executive Promotion and Appoints a New CMO

Origin Acoustics announced this week that it has promoted current Sales VP Marc Fisher to the unusual title of President of Sales. The company also the appointment of John Marchionda as Chief Marketing Officer (CMO). See more on the Origin … Continue reading

Control4 Launches 1st Product of Neeo Acquisition – A Slim Handheld Remote Control for OS3

Control4 announced today the launch of the Neeo Remote for Control4, the first product from their acquisition of the Swiss company Neeo back in February 2019. This new Neeo remote control is optimized to work seamlessly with Control4’s OS 3 … Continue reading

The Curious Case of the Disappearance of Classé

BREAKING NEWS Acquired by Sound United Two Years Ago, Then Gone It was January 2018 when I reported that Sound United had completed its acquisition of Classé, an acquisition which had been first announced in December of 2017. In the … Continue reading

LG Smokes Q3 Forecast for Record Financial Results

LG Electronics Inc. is on a roll, as evidenced by their fiscal third quarter results. The company says it has set an all-time record for third quarter revenues while at the same time booking their best quarterly profit in a … Continue reading

Sharp & Foxconn Stiff Korean Factory Equipment Suppliers on Money Owed

Korean media is reporting that Sharp, the former Japanese powerhouse brand now owned by Taiwan’s Foxconn, is late on approximately tens or even hundreds of millions of dollars worth of payments to Korean factory gear makers. Not only are they … Continue reading

Giving No Ground, Lenbrook Launches Robust Retaliation to Sonos Lawsuit

After receiving a stipulation allowing them more time to respond, Lenbrook Industries Ltd, and Lenbrook America, last week filed their response to the Sonos patent litigation they were hit with in June. It was a robust and smart response that … Continue reading