Chicago, IL-based Allnet Distributing announced recently that it is opening an all-new location in Minneapolis, MN in September. It is the fourth warehouse location, as the custom integration-focused distributor continues to expand its reach throughout the Midwest geographic region.
Brands
Savant Acquires Artison. The Question is…Why?
Savant Systems announced this week that it has purchased Artison, a specialty audio manufacturer of speaker systems. The company said that “Artison has earned a reputation for delivering…solutions that merge elegant, unobtrusive aesthetics with exceptionally detailed sound quality…” Is this a bold new strategy for Savant? Or just a reaction to the Control4/Triad acquisition?
See more on this surprising, and somewhat confusing, Savant acquisition of Artison… [Read more…] about Savant Acquires Artison. The Question is…Why?
Don’t Like Exposed Wi-Fi Antennas? Access Networks Hides Them
Access Networks announced on Wednesday a new way to hide wireless access points and wireless network range extenders throughout a home for those who, unlike some of us, do not appreciate looking at the antennas and flashing lights typical of these products. Their solution? A wireless access point enclosure with a magnetically retained, paintable cover.
See more on this simple solution from Access Networks… [Read more…] about Don’t Like Exposed Wi-Fi Antennas? Access Networks Hides Them
Samsung Starts Selling Harman Audio Brands in South Korea
This past Tuesday, Samsung Electronics began launching Harman audio brands in South Korea through their company owned locations. According to the Korean press, Samsung is “looking for business synergy” by combining its strength in distribution network, marketing, and world-class service, with Harman’s strength in manufacturing competitive audio products. It is an initiative, the local media says, that is expected to “have significant impact on South Korean audio markets.”
See more on Samsung’s Harman audio strategy in Korea… [Read more…] about Samsung Starts Selling Harman Audio Brands in South Korea
ATI Acquires Datasat Digital Entertainment
BREAKING NEWS
American amplifier manufacturer ATI (Amplifier Technologies Inc.) has acquired Datasat Digital Entertainment, a leading provider of digital surround sound technology for commercial cinemas and luxury home theaters, according to multiple sources. In a deal that sources tell us closed on Wednesday, ATI will take over and stay committed to both of Datasat’s primary market segments – commercial and residential.
See more of what we know on the ATI and Datasat deal… [Read more…] about ATI Acquires Datasat Digital Entertainment
Layoffs Hit Linear Subsidiary GTO Access Systems
One Out of Every Three Employees to Lose Job
GTO Access Systems LLC, a division of Linear LLC, itself part of Nortek, Inc. is planning to lay off fully 33% of its workforce, according to a report in the Tallahassee Democrat. The company says all layoffs should be completed by September 20th. This is the first significant layoff of any company associated with Nortek’s Security & Control Solutions segment of which we are aware.
Learn more about this significant layoff at GTO… [Read more…] about Layoffs Hit Linear Subsidiary GTO Access Systems
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 owner B&W Group. But imprecise wording – perhaps done intentionally – only serves to keep the situation unclear…and dealers debating…
See what the letter to Classé dealers says about the company’s status… [Read more…] about In Letter to Dealers: Status of Classé is Still Mysterious
New Mystery: Has Classé Closed?
Fact? or Fiction?
Less than a week after we reported that B&W Group President Doug Henderson had been summarily dismissed from the company he has been a key executive at for more than a decade, the rumor mill has fired up again with word that Classé has been closed down. Classé, like B&W Loudspeakers, is owned and distributed by B&W Group Ltd., a company recently acquired by EVA Automation. Multiple sources are suggesting that EVA owner Gideon Yu has decided to cease operations at the high end manufacturer of audio electronics.
See what we found out from B&W Group about Classé… [Read more…] about New Mystery: Has Classé Closed?
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 – that management has undertaken over the last few years to better position the company for the future. Like a fighter with a new trainer who has put him on a strict diet and rigorous training regimen, Russound has emerged from an at-times painful multi-year process leaner and meaner…and ready to rumble.
Find out what we learned about the meaningful changes at Russound… [Read more…] about Reformulated Russound is Ready to Rumble
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 left much earlier), as well as two other lower level staff – who have all been let go within the last six-to-eight weeks. Furthermore, Chief Brand Officer Rebecca Abrahams, who led the launch of their Aurora live music performance and streaming studio, left the company in January of this year. No reason was given for any these separations and, true to form, Thiel has made no official public announcement regarding the dismissals.
