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Your Company: Sell It? Take a Partner? Find an Investor?

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Capital Summit @ CEDIA Expo 2015 Announced

CEDIA Expo 2015 logoIntrepid Investment Bankers, LLC and Stiernberg Consulting have announced that they will once again partner to host a Capital Summit in conjunction with the CEDIA Expo taking place in Dallas next month from October 14-17. This is the second time the two companies – one a middle-market investment bank and the other an industry consulting firm – have held the event which offers attendees an expert panel sharing information on a variety of issues related to capital strategies.

See more on the agenda for the Summit, including who’s participating… [Read more…] about Your Company: Sell It? Take a Partner? Find an Investor?

D&M Holdings Loses Its First Big Battle in Legal War with Sonos

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BREAKING NEWS

Sonos logoThe legal war between Sonos, Inc. and D&M Holdings, Inc. is really just getting started and already D&M Holdings has lost its first major battle – with U.S. District Judge Richard G. Andrews denying their motion to disqualify the attorneys representing Sonos. The matter, a patent infringement case filed by Sonos in late 2014 against D&M Holdings, Inc. dba The D+M Group, D&M Holdings U.S. Inc., and Denon Electronics (USA), LLC (D&M), is related to D&M’s HEOS line of wireless music systems.

See why the judge sided with Sonos in this particular matter… [Read more…] about D&M Holdings Loses Its First Big Battle in Legal War with Sonos

Dominique Rejoins Core Brands as National Sales Manager

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Nortek's Core Brands LogoWho says you can’t go home again? Core Brands announced this week that Jason Dominique has rejoined the company to take the role of National Sales Manager of the Security Channel. Dominique previously worked for Core Brands’ Proficient line from 2005 to 2013.

See more on Dominique and his return to Core Brands… [Read more…] about Dominique Rejoins Core Brands as National Sales Manager

Rosewater Installs Energy Hub in Integrator Showroom

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RoseWater-Energy-LogoUPDATE – See correction below story

Rosewater Energy Group announced this week that it completed the first installation of their residential energy hub in the showroom of South Florida integrator Boca Theater and Automation in Boca Raton, Florida. The installation was completed at the end of August and it features the latest version of Rosewater’s hub with nano-carbon battery technology.

See more about Rosewater’s hub and this new installation… [Read more…] about Rosewater Installs Energy Hub in Integrator Showroom

B&W Re-engineers A Classic, Launches All-New 800 Series Diamond Line

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B&W 800 Series Diamond Bowers & Wilkins (B&W) announced Wednesday that it has completely re-engineered their top-of-the-line 800 Series Diamond loudspeaker line, a favorite of many discerning audiophiles. Changing your flagship product is an incredibly daunting (and risky) task – how do you improve on perfection? – but it’s all in a day’s work for a company that, since 1966,  has been in a “Quest for Perfection.”

See more on this dramatic new line of finely engineered loudspeakers… [Read more…] about B&W Re-engineers A Classic, Launches All-New 800 Series Diamond Line

More Than 7 Out of 10 Music Industry Execs Say Tidal Won’t Last a Year

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Tidal logoIf I were Jay Z’s publicist, I’d be nervous right now. The popular rapper’s reputation as a savvy businessman is in serious jeopardy. Billboard, one of the oldest and most prominent music industry publications, has recently launched a new annual survey of the top “A-list music business professionals.” In order to capture their honest opinions, the survey is conducted on an anonymous basis. While not exceptionally detailed or deep, the survey is meant to cover a “broad range of temperature-taking topics.”

The results of this inaugural effort offered some surprises – including the fact that more than 7 out of 10 of these top music industry executives predict that the Tidal music streaming service won’t survive its first year – a remarkable no-confidence vote in Jay Z, Tidal’s owner.

See more on the surprising results from this first every survey… [Read more…] about More Than 7 Out of 10 Music Industry Execs Say Tidal Won’t Last a Year

Investment Advisor on Potential Nortek Acquisition: ‘Nortek is a Bit of a Train Wreck’

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Nortek LogoAfter the Wall Street Journal revealed late last month that United Technologies Corp. (UTC) was in talks to potentially acquire Nortek, Inc., we questioned why UTC would even want to acquire Nortek. Within days of our post, investment advisory firm The Motley Fool (TMF) also raised the issue in a post last week about this not-quite-so-obvious marriage. Well, maybe it’s more like a dalliance than a marriage…at least at this point.

We found the Motley Fool’s analysis interesting – both in their clear-eyed assessment of Nortek and why the acquisition may in fact make sense for United Technologies.

See more on this Motley Fool discussion of the potential UTC-Nortek deal… [Read more…] about Investment Advisor on Potential Nortek Acquisition: ‘Nortek is a Bit of a Train Wreck’

Bluesound: Talkin’ ‘Bout Our Generation

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New Brand Hits Key Milestone – Launches ‘Generation 2’ Products

Bluesound logoThis week in New York City, executives from Lenbrook America and Bluesound conducted a media presentation informing them of a major update to the Bluesound brand, which is distributed in the U.S. by Lenbrook America along with NAD and PSB.  It is the first major line update since the brand was first launched in 2013. With this update, called “Generation 2,” the Bluesound brand appears to have gained solid momentum – or at least enough traction for the company to justify a significant investment in further product development.

See more of what we learned, including both product and business updates… [Read more…] about Bluesound: Talkin’ ‘Bout Our Generation

Why Would United Technologies Want to Acquire Nortek?

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UTC logoThe Wall Street Journal broke the news yesterday that United Technologies Corp. is in talks to possibly acquire Nortek, Inc. Nortek is best known in our industry as the parent company of Core Brands, a collection of several prominent lines – such as Niles, Elan, SpeakerCraft (and others) – that are focused largely on the custom integration business, but also produces commercial and residential HVAC and air handling equipment. United Technologies is a large conglomerate with diversified holdings such as Pratt & Whitney jet engines, Otis elevators, and Carrier air-conditioning equipment.

See more on what we know so far on this potential deal, which isn’t much… [Read more…] about Why Would United Technologies Want to Acquire Nortek?

Russound Expands XStream Line with Two New Components

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RussoundLogoRussound announced today that it is adding two new components to its popular XStream line that seamlessly integrates streaming music services to any system installation, residential or commercial. The new models are the XSource Streaming Audio Player and the XZone4 Four-Stream, Four-Zone Audio System.

See more about these brand new models from Russound… [Read more…] about Russound Expands XStream Line with Two New Components