Crestron announced on Monday that it was joining with members of the Bargetzi family to create the Fred Bargetzi Memorial Scholarship, created to honor the memory of the company’s much-beloved and long-time Chief Technology Officer Fred Bargetzi, who passed away in January of this year. The scholarship will be for select students of Bargetzi’s alma mater, the University at Buffalo, and will serve both “to empower students at the University at Buffalo to succeed in their education by removing barrier’s from their progress”…and to offer a lasting legacy of the CTO who was so meaningful to one of this industry’s greatest technology companies.
In 2020, Company Revenues Grew 37.8% to $814.1M But With a Net Loss of $25.2M
Snap One Holdings Corp (Snap One) – formerly SnapAV – has filed an S-1 registration with the Securities and Exchange Commission (SEC) in preparation for an initial public offering (IPO) of its stock on a public exchange. In this S-1 filing, we learn much about the company’s current position and what its plan is to grow the operation to even loftier heights.
See more on the Snap One S-1 registration…[Read more…] about Snap One Files for an IPO Laying Out Its Strategy for Growth & Perhaps Profit
Crestron Electronics announced on Friday that long-time company President and CEO Randy Klein will retire from the company “later this year.” The news was a bit of a surprise and the company said that Crestron Chairman and COO Dan Feldstein – son of company founder George Feldstein – will assume the role of President and CEO after Klein retires.
See more on this changing of the guard at Crestron[Read more…] about Crestron CEO Randy Klein Announces His Retirement
While there were many horrible ramifications of the COVID-19 pandemic that sickened and killed many Americans and people around the world, one interesting byproduct has been a renewed look at our world of work and how it can be changed and/or improved. News organizations around the world are just now talking about the results of a recently concluded study in Iceland that may change our world of work forever.
See what researchers discovered about work & productivity in Iceland…[Read more…] about Why a Study Conducted in Iceland Just Might Rock Your (Work) World
LG Electronics Inc (LG) released preliminary results for their fiscal 2021 second quarter, and they were an eye-opener. In fact, even in the wake of their surprising decision to exit the smartphone business, the company says they booked an all-new record in the quarter.
See the LG 2nd quarter results…[Read more…] about LG Hits All-New Record in Preliminary Fiscal 2021 2nd Quarter Results
Voxx International has announced that they have finalized their agreement to partner with Sharp Corporation to acquire the Home Entertainment Division of Onkyo – news that Strata-gee readers knew about last week. The news comes as a result of Onkyo shareholders voting last Friday to approve the sale of the company to Voxx’s subsidiary known as the Premium Audio Company. Not much was new here on the Onkyo front, as we already told you about the deal only covering the Onkyo and Integra brands. However, we did learn some more interesting details on the company’s attempts relative to the Pioneer and Pioneer Elite brands.
See what’s happening with Voxx, Onkyo & Pioneer[Read more…] about Voxx Announces Final Deal to Acquire Onkyo, with a Twist
SnapAV Execs Hindman & Vaughn Explain the Rationale Behind the Change to Strata-gee
Recently, in a special Zoom presentation for Strata-gee by SnapAV executives Jeff Hindman (Chief Revenue Officer) and Kordon Vaughn (VP Marketing), I was about to learn about the company’s new brand strategy going forward. Ever since SnapAV acquired their largest division, Control4, there has been much speculation about how to address the market with two strong, well-known brands. I joked, “So what’s it going to be…ControlAV or Snap4?
It turns out I wasn’t that far off, as the executives shared with me that they would be rebranding the organization as Snap One.
Learn more about how SnapAV became Snap One…[Read more…] about SnapAV and Control4 are Rebranded as Snap One
In a rather terse announcement to investors posted today, Onkyo Home Entertainment Company, Ltd. announced that, by a majority vote of company shareholders, the sale of the company’s Home Entertainment Division to Voxx International has been approved. This vote of approval was widely anticipated and represents the last formality in the transfer of the company over to Voxx. This is the first time since 1945 that Onkyo’s parent company is no longer involved in the home entertainment business.
See more on this end of an Onkyo era[Read more…] about End of an Era: Onkyo Shareholders Vote to Sell Off Home Entertainment Division
Did you hear this statistic? Just this past April, a total of 4 million Americans quit their jobs, according to data recently released by the US Labor Department and reported on by the New York Times. Think about that for a moment. That April figure was the largest number of workers quitting their jobs in any one month…ever. Why? Ah…that’s a good question. I’m glad you asked…
See why workers are quitting their jobs in droves…[Read more…] about Leaders Heed This Warning: Employees Feel Empowered and Are Quitting
>Learn How to Improve Consumers’ Trust in Your Brand
Many political observers have declared the end of bi-partisanship, as the political right and left seem further apart than ever before in the history of the country. Yet there is one area where both parties agree, it is time to rein in the big tech players. Ironically, in a new poll of the 15 most trusted brands in the world, we find a lot of tech represented – including some of the Big Tech players. Is Congress out of step with the American people? And how important is “trust” to a company or brand anyway?