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

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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

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

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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

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

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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

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

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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

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Revised Politan Proxy Material Offers a Surprising Masimo Tidbit

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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

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Lutron Loses Appeal in J Geiger Lawsuit But Gets Penalty Reduction

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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

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Sharp Cuts CEO After Two Years of Losses; Company Scaling Back LCD Div Significantly

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Sharp display at a trade show
REUTERS/Toru Hanai/File Photo

Remember: Sharp Manufactures Onkyo, Integra, Pioneer & Elite

Sharp Corporation, part of top Apple supplier Foxconn, saw its annual shareholders meeting turn contentious this year as investors are frustrated with management after the company has turned in two years of significant net losses. Perhaps to help mollify investors, the company announced its President and CEO, Robert Wu, has stepped down from his role at the company. Sharp also announced it is scaling back its struggling LCD business.

See more on troubles at Sharp

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Voxx Fiscal 2024 Annual Shareholders Meeting – More Restructuring, Disposal of Brands Ahead

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Investor Relations page on Voxx website

On Tuesday, Voxx International Corporation (Nasdaq: VOXX) held its annual shareholders meeting, closing out a tough Fiscal 2024 with declining sales (down 12.2%) and deepening net losses (up over 53%). Sounding a little defensive, Ari M. Shalam, the company’s Co-Vice Chairman of the Board and son of company founder John J. Shalam, promised investors more restructuring and said the company will shed assets, including some of its previous brand acquisitions, to generate cash to lower debt and prepare the company for healthier growth ahead.

See more on the remarkable Voxx Annual Shareholders Meeting

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Politan Reveals Masimo Lawsuit To All Investors; Says It’s Desperate & Defamatory

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Image of Masimo v. Politan lawsuit title page

Masimo: ‘Confidential Informants’ Allege Koffey Has Breached His Fiduciary Duties as a Director

Almost exactly one week ago, Masimo and its Board of Directors filed a lawsuit against Politan Capital Management in which it alleged Politan’s proxy materials contained material misrepresentations and asked the court to order the activist investor to correct them. The company also delayed its upcoming annual stockholders meeting from July to September. Two days after that, Politan responded with a countersuit in which it asked the court to order Masimo to hold its 2024 Annual Meeting of Stockholders as soon as possible.

Now Politan has taken the unusual step of publishing Masimo’s lawsuit against them and providing it to all Masimo stockholders. The Masimo suit, which has some outrageous claims against Politan and particularly CIO Quentin Koffey, is being provided by a confident Koffey who believes investors will see it for what he says it is…a desperate attempt to stop the investor vote for independent directors.

See more on Politan publishing the Masimo lawsuit against it

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With Week 3 of Strike About to Begin, Samsung Management Says, Let’s Talk

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NSEU leaders say worker participation has only increased as strike enters third week [Click to enlarge]

As I’ve been reporting, Samsung’s largest union, the 30,000+ member strong National Samsung Electronics Union (NSEU), has launched a strike against one of the largest employers in all of South Korea. This is not a common occurrence anywhere in Asia, and it is the first major strike Samsung has ever experienced.

Now, after two weeks of continuous work stoppage, Samsung management finally indicated to the union that it was interested in restarting the negotiations – a big win for union leaders.

See more on the first-ever union-directed work stoppage at Samsung

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