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You are here: Home / Archives for Feature

Feature

J Geiger Shade Maker’s Gamble on New Trial with Lutron Cost It $1.2 Million

November 25, 2024 by Ted Leave a Comment

Photo from lawsuit showing the Lutron bracket (R) looks identical to the J Geiger bracket made by GeigTech (L)
Patented GeigTech (J Geiger) bracket on the left, Lutron copy on the right [Click to enlarge]

Last week, a jury was convened for a special trial to determine reasonable damages in the matter of GeigTech East Bay LLC v. Lutron Electronics Co., Inc. GeigTech, the plaintiff in this case is the manufacturer of motorized shade products marketed under the J Geiger brand, an independent company owned by Savant (and which is not a party to this litigation). Lutron has already been found to have infringed on certain patents held by Geigtech and the original jury’s large damages award was set aside by the judge who found it to be excessive. This new trial was held to determine a more reasonable damages amount.

See the painful result for Geigtech in this new trial

[Read more…] about J Geiger Shade Maker’s Gamble on New Trial with Lutron Cost It $1.2 Million

Filed Under: Feature, Law, Management, Manufacturers, News, Technology Tagged With: GeigTech, lawsuit, Lutron Electronics, motorized shades, patent infringement

McIntosh Group Acquired by Bose; Does This Deal Make Any Sense?

November 20, 2024 by Ted 17 Comments

Image from Bose website
Bose website

On Tuesday, Bose Corporation – a privately held manufacturer and marketer of a variety of predominantly audio products like headphones, speakers, soundbars and car audio – announced it has acquired McIntosh Group, a high-end manufacturer of electronics under the McIntosh brand and speakers/phono cartridges under the Sonus faber brand. Terms of the deal were not revealed and a buzz has descended around the industry as to whether this is a good thing or a bad thing.

Learn more about Bose acquiring McIntosh

[Read more…] about McIntosh Group Acquired by Bose; Does This Deal Make Any Sense?

Filed Under: Brands, Feature, Financial, News, Strategy Tagged With: acquisition, Bose Corporation, McIntosh, Sonus Faber

Snap One Parent Resideo Releases 3Q/2024 Results; Organic Gains are Modest

November 14, 2024 by Ted Leave a Comment

Resideo 3Q/2024 earnings presentation cover image

Resideo Technologies, Inc. (NYSE: REZI) – the new parent company of residential integration company Snap One – recently released the financial results for its third quarter of fiscal 2024, the 90-day period that ended September 28, 2024. While the overall numbers looked fairly strong with revenues increasing 18% to $1.83 billion with gross profit expansion, when looked at organically, the results show a more moderate revenue growth of 4%.

See more on the Resideo results in 3Q/2024

[Read more…] about Snap One Parent Resideo Releases 3Q/2024 Results; Organic Gains are Modest

Filed Under: Feature, Financial Tagged With: Resideo, Snap One

Troubling Trend: 2024 CEDIA Expo Loses Hundreds of Attendees This Year

November 7, 2024 by Ted 4 Comments

Scene from the 2022 CEDIA Expo
On-site registration and badge pickup at the 2022 CEDIA Expo

Data from the 2024 CEDIA Expo in Denver, CO this past September shows a troubling trend – attendance actually declined…and declined appreciably – from the 2023 version of the event. And this decline took place even though the promoter has combined CEDIA Expo with a new event (new last year), the Commercial Integrator Expo (CIX), which was probably an effort to boost attendance numbers.

See more on the attendance at CEDIA Expo 2024

[Read more…] about Troubling Trend: 2024 CEDIA Expo Loses Hundreds of Attendees This Year

Filed Under: Feature, Industry Trends, Management, News, Shows & Events Tagged With: attendance, CEDIA, CEDIA Expo, Commercial Integrator Expo

Masimo Releases 3Q/2024 Results, First Under New Management; Investors Like It

November 6, 2024 by Ted Leave a Comment

Masimo cover page

Sound United to be ‘A Discontinued Operation’

On Tuesday, Masimo Corporation (Nasdaq: MASI) announced the results of its financial performance for the third quarter (3Q) of Fiscal 2024 (FY2024) – the first such report under the new management. While the report comes from the new management, including interim CEO Michelle Brennan, the period of this report is for the quarter that ended September 28, 2024 – meaning the bulk of the actual performance occurred under previous CEO Joe Kiani. Still, the numbers, for the most part, looked pretty good.

Learn all about the performance of Masimo in 3Q/2024

[Read more…] about Masimo Releases 3Q/2024 Results, First Under New Management; Investors Like It

Filed Under: Feature, Financial, Management, Manufacturers, News, Strategy Tagged With: Bilal Muhsin, Joe Kiani, Masimo, Michelle Brennan, quarterly earnings

A Giant Stumbles: Samsung Chip Div. Operating Profits Drop a Stunning 40%

November 5, 2024 by Ted Leave a Comment

A flag showing the Samsung logo

Samsung Electronics, Inc. – a giant in the global consumer electronics industry – saw operating profits drop a stunning 40% in its all-important Device Solutions Division compared to the previous quarter. Device Solutions is its semiconductor division and many in the industry are watching this division closely, as it is a key part of Samsung’s business. But recently, the company – in a rare miss – failed to get on board with the rapid growth of the artificial intelligence (AI) industry early on. It is now running to catch up to competitors and this result shows they are not yet there.

See more on this rare stumble from industry giant Samsung

[Read more…] about A Giant Stumbles: Samsung Chip Div. Operating Profits Drop a Stunning 40%

Filed Under: Feature, Financial, Management, Manufacturers, News, Technology Tagged With: AI, chips, Samsung

Masimo Terminates Kiani’s Employment; Files Lawsuit Alleging He Violated Securities Law

October 30, 2024 by Ted 2 Comments

Header of Masimo lawsuit against Joe Kiani & RTW

In a recent filing with the Securities and Exchange Commission, the new Masimo (Nasdaq: MASI) Board of Directors reaffirmed its non-GAAP 3Q and full-year financial guidance as previously provided by the company to investors. It also notified the commission that the Board has officially terminated the employment of former CEO Joe Kiani.

Perhaps most surprisingly, it has additionally filed a major lawsuit against Joe Kiani and RTW Investments alleging, among other things, that they colluded to create a group that violated federal securities laws.

See more on this latest filing with the SEC by the new Masimo Board of Directors

[Read more…] about Masimo Terminates Kiani’s Employment; Files Lawsuit Alleging He Violated Securities Law

Filed Under: Feature, Financial, Law, Management, Manufacturers, News, Strategy Tagged With: Joe Kiani, Masimo

See Why Apple’s Patent Win is Actually a Victory for Masimo

October 29, 2024 by Ted Leave a Comment

Masimo Freedom smartwatch

More patent decisions are being handed down as several long-running patent lawsuits between Masimo Corporation (Nasdaq: MASI) and Apple Incorporated (Nasdaq: AAPL) wrap up. Last week, a jury in the matter of Apple Inc. (Plaintiff) v. Masimo Corporation and Sound United LLC (Defendants) rendered a verdict on a case where Apple accused Masimo of infringing on six of its Apple Watch patents.

Technically, Apple got a win…but realistically, it was a huge victory for Masimo.

See the outcome of Apple v. Masimo in Delaware court

[Read more…] about See Why Apple’s Patent Win is Actually a Victory for Masimo

Filed Under: Brands, Feature, Law, Management, Manufacturers, News, Technology Tagged With: Apple, Apple Watch, Freedom, Masimo, smartwatch, Sound United, W1

Sonos Troubles Mount – Poor Sales Suggests Ace May Be a Joker

October 22, 2024 by Ted 13 Comments

Sonos Ace headphones are reportedly not selling well

Ace Production Cut to Just 10% of Original Plan

While Sonos (Nasdaq: SONO) claims to have most of its app problems behind it, multiple reports are emerging that suggest it may have an even bigger problem – the introduction of its Ace premium headphone has flopped. If these reports are true, then Sonos may indeed be staring into the jaws of the one monster that can truly terrify it – growing consumer resistance to its new products.

See more on this troubling turn of events for Sonos

[Read more…] about Sonos Troubles Mount – Poor Sales Suggests Ace May Be a Joker

Filed Under: Feature, Management, Manufacturers, Products, Technology Tagged With: headphones, Patrick Spence, Sonos, Sonos Ace, Sonos Arc Ultra, Sonos Sub4, soundbar

Crestron Opens Impressive NYC Experience Center Showcasing Resi & Commercial Tech

October 16, 2024 by Ted Leave a Comment

Crestron executives John Clancy, Dan Feldstein, and Brad Hintze toast the new Experience Center in NYC
John Clancy, Dan Feldstein, and Brad Hintze (who appears to be toasting Strata-gee readers) raise a glass of champagne to toast the launch of Crestron’s remarkable Flagship NYC Experience Center [Click to enlarge]

Crestron Electronics, a worldwide industry leader in both the commercial and residential smart technology space, has opened a dramatic and dynamic new Crestron Experience Center (CEC) in the heart of Manhattan at 200 Lexington Avenue in the renowned New York Design Center. A grand opening ceremony was held with the media, customers, integrators and other special guests on Tuesday, October 15th, previewing the space which offers visitors an expansive roster of “hands-on” experiences and even includes a “workshop” for true first-person experiences where visitors can – among other things – discover new possibilities they didn’t know existed.

See more on this all-new flagship Crestron Experience Center in Manhattan

[Read more…] about Crestron Opens Impressive NYC Experience Center Showcasing Resi & Commercial Tech

Filed Under: Feature, Management, Manufacturers, Marketing, News, Shows & Events, Strategy Tagged With: Brad Hintze, Crestron Electronics, Dan Feldstein, John Clancy

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Ted Green Bio

A former dealer, manufacturer, distributor & more. Focusing on business strategy, my goal is to help you make better decisions for greater success.

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