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 … Continue reading

Bad Heir Day – Prosecuters Demand 12-Years of Hard Time for Billionaire Samsung Heir

South Korea is buzzing at the news that prosecutors have demanded no less than a 12-year prison term for Samsung’s billionaire heir, Jay Y. Lee. Lee is accused of attempting to solidify his total control of the massive company through … Continue reading

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 … 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

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

Toshiba Machine Buys Its Independence from Toshiba

You know things aren’t going well when divisions of your own company want to break the chains of their association with you. That is essentially what happened when Toshiba Machine “bought” its independence by buying out the shares of its … Continue reading

Toshiba Announces ‘Substantial Doubt’ on Ability to Continue

An Industry Giant Stumbles, Then Falls; Can It Get Back Up? Toshiba, once the embodiement of Japanese industrial might offering everything from rice cookers to nuclear reactors, has released financial results for the first three quarters of the current fiscal year … Continue reading

As We Suspected, The Deal is Off Between LeEco & Vizio

Less than a week after we questioned whether Chinese manufacturer LeEco would be able to actually complete its proposed $2 billion acquisition of Vizio, we received a note from a Vizio-connected official, saying that “the merger agreement to acquire Vizio … Continue reading