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Management

It’s Getting Manic at Masimo vs Politan as Dueling Proxy Materials Sling Sludge & Lawsuits

September 12, 2024 by Ted 2 Comments

Masimo graphic

I’m thinking of pitching Bravo Network on my idea for a new reality TV show called something like …Masimo Manic Mysteries…or Politan Proxy Obsessions… What do you think? I’ve got tons of material to pull from. I’ve followed many proxy battles over the years, but this one definitely wins the prize as the most personal and brutal battle I’ve seen. In the first twelve days of September, there has been no fewer than seventeen new proxy revisions, investor letters, and proxy-related press releases (four separate filings just today!) filed and mailed to investors. Investor’s heads must be spinning…I know mine is!

And of course, as the 2024 Annual Stockholders Meeting approaches – only one week away – the drama continues to ramp up as management continues to dig in to save their jobs while investors keep shoring up more votes. It’s getting really ugly.

See all the latest on the Masimo and Politan proxy battle

[Read more…] about It’s Getting Manic at Masimo vs Politan as Dueling Proxy Materials Sling Sludge & Lawsuits

Filed Under: Management, Manufacturers, Strategy Tagged With: Joe Kiani, Masimo, Politan Capital Management, proxy battle, Quentin Koffey

A Huge Merger of Major Specialty Distributors; WAVE Elects. Acquires KOA Elects.

September 10, 2024 by Ted Leave a Comment

WAVE CEO Mark Fukuda & KOA CEO Anton Tomassian
Mark Fukuda (L) CEO of WAVE Electronics and Anton Tomassian CEO of KOA Electronics Distribution

BREAKING NEWS

Houston, TX-based WAVE Electronics, one of the nation’s largest independent distributors for the custom integration industry, announced today that it has acquired KOA Electronics Distribution, itself a leading CI distributor based in Panorama City, CA. This merger creates a mega-distribution business spanning multiple locations in multiple states.

Learn more about this WAVE & KOA acquisition

[Read more…] about A Huge Merger of Major Specialty Distributors; WAVE Elects. Acquires KOA Elects.

Filed Under: Distributors, Financial, Management, News, Strategy Tagged With: acquisition, Anton Tomassian, KOA Electronics, Mark Fukuda, WAVE Electronics

On Eve of CEDIA Expo 2024, Oasys Announces Partnership with Sonos

September 5, 2024 by Ted Leave a Comment

Sonos booth at the 2022 CEDIa Expo

Oasys Residential Technology Group, a division of Nationwide Marketing Group, announced on Wednesday that it has partnered with Sonos, a leading wireless audio brand popular with consumers. The announcement comes on the eve of today’s opening of CEDIA Expo 2024, taking place in Denver, CO from September 5-7, 2024.

Oasys group managers say that this is a significant deal with “a massive brand.”

See more on Oasys partnering with Sonos

[Read more…] about On Eve of CEDIA Expo 2024, Oasys Announces Partnership with Sonos

Filed Under: Buying Groups, Management, Manufacturers, News, Strategy

SoundTube Entertainment Names Jeff Brewer VP of Sales, Residential

August 30, 2024 by Ted 2 Comments

SoundTube logo

Soundtube Entertainment (formerly MSE Audio) announced this week that it has appointed Jeff Brewer as its new Vice President of Sales for the Residential Division. Brewer is well known throughout the industry and the company hails his “rich background in the audio industry” along with his “proven track record in leadership.”

Learn more about Jeff Brewer joining SoundTube Entertainment

[Read more…] about SoundTube Entertainment Names Jeff Brewer VP of Sales, Residential

Filed Under: Management, Manufacturers, People Tagged With: Jeff Brewer, MSE Audio, Shannon Humphrey, SoundTube

Crestron Home OS Launches a Huge Update with 20 New Features & Integrations

August 29, 2024 by Ted Leave a Comment

Crestron Home has been dramatically upgraded
A new Crestron Home OS display showing in-app branding

See Crestron in Booth #1901 at CEDIA Expo 2024 in Denver Next Week

Crestron Electronics, one of the industry’s leading providers of control solutions and more for the smart home and home automation channels announced this week a significant update of its popular Crestron Home OS4 system. This impressive update includes more than 20 new features, as well as new important integrations that offer integrators a mind-expanding opportunity to better design solutions for clients…not to mention drive greater scalability for both residential and commercial installations.

See more on this major Crestron Home OS4 announcement

[Read more…] about Crestron Home OS Launches a Huge Update with 20 New Features & Integrations

Filed Under: Feature, Management, Manufacturers, Products, Residential, Technology Tagged With: Crestron, Crestron Home, integrations

New VP & New Product Shows AV-over-IP is Big at AVPro Global & AudioControl

August 21, 2024 by Ted Leave a Comment

AVPro Global and AudioControl images

Two big announcements this month from the folks over at AVPro Global, one of the most kinetic entities in integration right now, show how important AV-over-IP is at the company. One announcement is the appointment of a new VP for the company, and the other is about the launch of a new AudioControl product that is really new – as in nothing like it ever existed in any form before now.

While big in commercial, AV-over-IP and Dante is still relatively new to many residential integrators. However, most think this category will grow in popularity on the residential side as more companies begin pushing their solutions.

See what’s going on at AVPro Global and AudioControl

[Read more…] about New VP & New Product Shows AV-over-IP is Big at AVPro Global & AudioControl

Filed Under: Management, Manufacturers, News, People, Products Tagged With: AudioControl, AVPro Global, Kevin Wang

Integra DRX 3.4 Now Available at Adorama; Buyers Get 50% Off via Slickdeals

August 14, 2024 by Ted 3 Comments

Adorama page showing Integra DRX 3.4
This is the page you see when you browse directly to Adorama and find the Integra DRX 3.4 product page [Click to enlarge]

BREAKING NEWS

Strata-gee has learned that the popular Integra AVR model DRX 3.4 is now available at NY retail & online dealer Adorama. While Adorama was previously selling Onkyo- and Pioneer-branded models, the addition of this Integra unit appears to be an entirely new development. Not only that, but the consumer deal website Slickdeals has a special deal on the DRX 3.4, with a 50% discount, via a link to purchase at Adorama.

See what I’ve learned about Integra at Adorama

[Read more…] about Integra DRX 3.4 Now Available at Adorama; Buyers Get 50% Off via Slickdeals

Filed Under: Dealers, Integrators, Management, Manufacturers, News, Strategy Tagged With: Adorama, Integra, PAC, Premium Audio Company

Masimo Q2 Fiscal 2024 Results Show Healthcare Rebound, But Audio Declines Double-Digits

August 8, 2024 by Ted 2 Comments

Cover slide to Masimo earnings presentation

CEO Has a New Option for Offing Sound United

On Wednesday, Masimo Corporation (Nasdaq: MASI) reported its financial results for the second quarter of fiscal year 2024 and the company’s Healthcare division showed solid signs of regaining traction as it continues to power out of the post-COVID doldrums of the last eighteen months to two years. Investors cheered the results by driving up shares of the company’s stock by more than 11%. However, the Non-Healthcare division (Sound United) continues to be troubled with revenues declining 13% in the quarter.

See more on the results for Masimo

[Read more…] about Masimo Q2 Fiscal 2024 Results Show Healthcare Rebound, But Audio Declines Double-Digits

Filed Under: Financial, Management, Manufacturers, News, Strategy Tagged With: earnings, Joe Kiani, Masimo, Politan Capital Management, Quentin Koffey, Sound United

Revised Politan Proxy Material Offers a Surprising Masimo Tidbit

August 7, 2024 by Ted 1 Comment

Chancery Court Declines to Force an Earlier Stockholders Meeting

New proxy material produced and distributed to stockholders this week by Politan Capital Management – an activist investor in Masimo Corp (Nasdaq: MASI) – mostly contains information that was already known. The activist investor, as well as Masimo itself, must provide new proxy materials and voting forms as all previous votes were invalidated as a result of a rescheduling of the 2024 Annual Stockholders Meeting to September 19th (originally was to be July 25th).

But Politan included a few pages of updated background information which, among those items I’ve already written about, did include one fascinating or tantalizing bit of new information.

See more on the updated Politan proxy & its new Masimo tidbit

[Read more…] about Revised Politan Proxy Material Offers a Surprising Masimo Tidbit

Filed Under: Feature, Law, Management, Manufacturers, News, Strategy Tagged With: Joe Kiani, lawsuit, Masimo, Politan Capital Management, Quentin Koffey

Lutron Loses Appeal in J Geiger Lawsuit But Gets Penalty Reduction

August 2, 2024 by Ted Leave a Comment

The judge hearing Lutron Electronics’ appeal of its loss to GeigTech East Bay (part of J. Geiger shades) in a patent infringement case has delivered her decision and it is sure to please neither side. Earlier this year a jury declared Lutron a willful infringer of a GeigTech patent and awarded it an eye-popping $34.6 million. Lutron appealed asking for a new trial, which was denied, but the Judge cut the award to $3.8 million, agreeing that it was “grossly excessive.”

So what happens now? Read on to see…

See more on this ruling of Lutron’s appeal of Geigtech’s trial win

[Read more…] about Lutron Loses Appeal in J Geiger Lawsuit But Gets Penalty Reduction

Filed Under: Feature, Law, Management, Manufacturers, News, Technology Tagged With: GeigTech, lawsuit, Lutron, patent infringement

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Ted Green Bio

A former dealer, manufacturer, distributor & more. Focusing on business strategy, my goal is to help you make better decisions for greater success.

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