Wally Whinna’s New Catalyst AV Distributor Group: AVAD Part Two?

The industry is abuzz about the recently announced launch of a new national distributor group known as Catalyst AV. While the emergence of a new distributor group has been rumored for months, the formal announcement came out just last week. … Continue reading

Sharp Spike in Sharp’s Prospects – Said to Working with Hon Hai on Apple iTV

The Wall Street Journal is reporting today that unnamed sources are telling it that Apple has built and is testing a large screen, high definition television that it has worked closely with Asian suppliers to create. Most notably, these sources … Continue reading

Belden to Acquire PPC

BREAKING NEWS strata-GEE.com has learned that Belden, Inc., the large cable manufacturing company, has acquired Syracuse, New York-based PPC, a broadband and specialty cable manufacturer that also markets the Perfect Path cable brand to the custom integration industry. The deal … Continue reading

Nortek’s Core Brands Appoints Chris Bundy Director of Marketing Communications

Core Brands, a division of Nortek, Inc.’s TECH segment, announced today that it has appointed Chris Bundy as its new Director of Marketing Communications. In this role, the company says that Bundy is responsible for “developing and delivering innovative branding, … Continue reading

Nortek Names New Chief Sales Officer for Data Center Products

Nortek, Inc. announced today that it has appointed Kris Holla Chief Sales Officer of Data Center Products. This position, newly created by the company, involves leading the charge in increasing Nortek’s market share in “mission critical data center and server … Continue reading

Thiel Audio Products Acquired by Tennessee Private Equity Company

BREAKING NEWS Strata-gee.com learned from sources early today that Thiel Audio Products was sold last week to a Nashville, TN-based private equity company. Late today, the company distributed a formal press release confirming what we have heard. Kathy Gornik, CEO … Continue reading

AVWeek Features strata-GEE.com Post on Nortek Consolidation

AVWeek, a regular podcast produced by AVNation that sums up the top stories in Audio/Video for the week, featured a post by strata-GEE.com in their November 23rd podcast (published November 26) titled “Episode 67 Canadian Quarters.” The podcast – which … Continue reading

Moody’s Cuts Panasonic’s Credit Rating for the Third Time This Year – Now Near Junk

Panasonic Corp., once one of the most powerful electronics companies in the world, now finds that its credit rating has been lowered by Moody’s Investors Service to the lowest level still considered investment grade – only one step above junk.  … Continue reading

Sharp Asks 2,000 Employees to Leave – 3,000 Raise Their Hands

Sharp Corp., the struggling Japanese manufacturer that is widely reported to be scrambling to survive, recently offered buyout packages to employees hoping that 2,000 would agree to leave the company. To their surprise, almost 3,000 employees volunteered to leave – … Continue reading