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

Access Networks CEO: Network Security is an ‘Existential Challenge’ for Industry

Network systems provider Access Networks announced this week that it has hired Roy Beiser, a former Intel executive, as its first ever Director of IT. But even more than that, Beiser, who is said to be highly credentialed in network … Continue reading

Radio Shack’s 2nd Bankruptcy in 2 Years; The Era of The Gadget is Over

In yet another clear sign that the era of the gadget is over, once prodigious gadget-seller Radio Shack files for bankruptcy on Wednesday…again. This is the second bankruptcy filing for the company in just two years. A strategy of partnering with … Continue reading

Nortek Parent Melrose Reports Higher Margins & Sales

Melrose Industries PLC, an engineering turnaround company that recently acquired Nortek, Inc. (parent company of Core Brands) announced last week that it sees margins improving at Nortek already, even though it only acquired the company just last year. Not only … Continue reading

Gibson Brands Successfully Refinances Significant Debt

B. Riley & Co., a full service investment bank, announced the closing of a series of refinancing transactions that have completely restructured the outstanding significant debt of Gibson Brands, Inc. Gibson, as we have reported on regularly, entered the consumer … Continue reading

Samsung Makes a Strategic Investment into an IoT Security Company

Samsung Electronics has made another major investment in the Internet of Things (IoT) space, becoming an early stage Series A investor in Bayshore Networks. The company made the investment via its Samsung NEXT Venture fund, an investment fund created by the … Continue reading