Japan Display Inc., a unique public/private partnership that was once Japan’s largest supplier of LCD panels but has been struggling of late, saw the price of shares of its stock jump as much as 24% Wednesday on news that it … Continue reading
Did Emerald ‘Overpay’ for the Iconic Tradeshow? It was only just a matter of months ago, in January 2017, that we learned that CEDIA had sold off their trademark show to Emerald Expositions, the biggest B-to-B tradeshow promoter in North … Continue reading
Moody’s Hits Gibson Brands with Another Credit Downgrade Moody’s Investors Service, one of the largest credit rating services in the world, has downgraded the credit rating for Gibson Brands, the Nashville-based parent of Gibson Guitar, Onkyo, Teac, KRK, Philips, Stanton … Continue reading
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
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
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
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
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
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
What started as a roar appears to be ending as a whimper, as Asian wannabe-giant LeEco announced this week plans to lay-off nearly 70% of their entire U.S. workforce. This significant retrenchment occurs just weeks after its proposed $2 billion … Continue reading