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Multiple Executive Changes Announced by Masimo; COO Muhsin to Resign July 1

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Masimo headquarters

In a new Form-8K filing with the Securities and Exchange Commission (SEC) on Thursday, Masimo Corporation (Nasdaq: MASI) revealed several new executive changes, with both new additions and at least one prominent departure. The new additions, include a new Chief Marketing & Strategy Officer, Chief Human Resources Officer, and a new head of the company’s Japan & Asia Pacific business.

Notably, departing the company is Bilal Muhsin, the company’s Chief Operating Officer and once trusted confidante of former CEO Joe Kiani, who has informed the company that he is resigning his position “to pursue other opportunities,” effective July 1, 2025.

See more on executive changes at Masimo Corp…

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A Dramatic Finale: Judge Orders Lutron to Pay GeigTech *Double Damages,* Interest & Costs

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GeigTech, maker of J Geiger shades, and Lutron lawsuit ends
[Click to enlarge]

In what has been one of the longest-running patent infringement cases I have ever reported on, GeigTech East Bay LLC vs. Lutron Electronics Co. Inc. finally wrapped up last week in the United States District Court in the Southern District of New York before the Honorable Judge Colleen McMahon who delivered a blistering Final Decision and Order full of fire and brimstone…for both parties. Know that as you read this report, you are reading about a case originally filed on June 12, 2018…that’s right, seven years ago!

Says Judge McMahon: “After two trials and many opinions over the past seven years, the Court assumed familiarity with the facts and major players involved in this case.” And you know what they say about familiarity – familiarity breeds contempt!

See the many surprising facts Judge McMahon’s Decision and Order reveals

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In Its Boldest Move Yet, AVPro Global Acquires Control Solutions Maker RTI

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AVPro Global acquires RTI

We got a blockbuster announcement late this afternoon as AVPro Global announced that it has signed a definitive agreement to acquire Remote Technologies Incorporated (RTI), a well-known control and automation solutions provider for residential and commercial markets. AVPro Global is the parent company of AVPro Edge, AudioControl Pro, Bullet Train, Murideo, and ThenAudio and is an industry-leading provider of AV signal distribution solutions in the residential and commercial integration spaces.

With the addition of RTI, the company makes a bold move into the control and automation space and ties together its expanding universe of sector-specific brands.

Learn more about AVPro Global acquiring RTI Control…

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Masimo Updates SEC on Its Progress Recovering From Recent Cyberattack

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Masimo website home page
Part of the new Masimo website [Click to enlarge]

In a new filing with the Securities and Exchange Commission (SEC), Masimo Corporation (Nasdaq: MASI) updated regulators on its progress in recovering from a recent cyberattack that took its major systems offline for several days and disrupted manufacturing. The company also notified the SEC that as part of its participation in certain investment conferences coming up over the next few weeks, it intends to reiterate its updated outlook for expected financial performance over the remainder of fiscal 2025, as originally announced on May 6, 2025.

See more on the latest SEC filing by Masimo…

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On Fire, Sonance Acquires Blaze Audio in Pro Audio Expansion

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Sonance acquires Blaze Audio

Sonance, a leading innovator of custom integration solutions founded more than four decades ago when it was instrumental in creating and growing the overall custom integration industry – continues to fuel its own forward momentum, announcing this week the acquisition of Blaze Audio, a significant innovator of premium high-performance amplifiers and sound reinforcement speakers out of Copenhagen, Denmark.

This move represents a significant expansion of Sonance’s Pro Audio division.

Learn more about the Sonance acquisition of Blaze Audio

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Masimo Sells Sound United to Harman; Excited? Temper Your Enthusiasm

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Sound United has been acquired by Harman

Last week, Masimo Corporation (Nasdaq: MASI) finally announced the long-anticipated sale of its Masimo Consumer division – the audio division created after its acquisition of Sound United back in February 2022 – to Harman International Industries Incorporated. Harman is a division of Samsung Electronics with a large automotive electronics business, along with professional audio and high-end audio businesses as well.

But is this truly a good home for Sound United?

Learn more about Harman acquiring Sound United from Masimo

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Masimo.com Has Been Down for ‘A Few Days’

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Message on Masimo website recently

For the last two days or so, I have been diligently attempting to find out what is going on at Masimo as the company’s main website – Masimo.com – has been down for at least the last 2½ days (as of the time of this writing on mid-day Thursday)! The only thing visitors find when they navigate to the site is the “be back shortly” message shown above, along with a Masimo logo above it.

See more on Masimo.com going dark…

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Gentex, Owner of Onkyo & Klipsch, Reports 1Q/2025 Results; Sales & Profits Declined

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Gentex CES 2025 booth

Gentex Corporation (Nasdaq: GNTX), the new owner of Voxx, Premium Audio Company, Onkyo, Integra, and Klipsch reported the financial results for its first quarter of fiscal 2025 – the period that ended on March 31, 2025. Note that these results do not include the Voxx et. al. acquisition in its numbers, as that merger did not close until April 1, 2025. Gentex reported declines in sales, gross profit dollars, income from operations, and net income.

And all that happened before the new tariffs launched by the Trump administration took effect in full force.

Learn more about the Gentex results in the first quarter of 2025…

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ListenUp Acquires Timberline Audio Video, Establishing Its Fifth Location

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ListenUp Colorado Springs location

Well-known Denver, CO-based custom integration dealer ListenUp announced that it has acquired Timberline Audio Video based in Loveland, Colorado. This is now the fifth location for the company as it continues to grow its regional footprint, expanding its ability to serve even more clients throughout Northern Colorado and Southern Wyoming.

Learn more about this ListenUp acquisition of Timberline Audio Video…

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Latest Masimo SEC Filing Shows Fresh Approach – Heavy on Disclosure & Pro Management

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Masimo Schedule 14A filing with the SEC
Fan…TAB…ulous! The colored tabs mark significant sections I discovered in the DEF14A filing

Masimo Corporation (Nasdaq: MASI) latest filing with the SEC continues to project an undeniable shift in style that is sure to please investors. The filing, a Schedule 14A (DEF14A) filing with information for shareholders in advance of the April 29, 2025, Annual Meeting of Stockholders, is absolutely stuffed with information on its new management, new goals, new policies, and new shareholder-friendly approach to running this business.

It also had plenty of tasty tidbits for those curious as to what is going on at the company.

See more on this latest filing by Masimo…

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