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You are here: Home / Archives for Manufacturers

Manufacturers

AVPro Global Appoints Well-Known Industry Vet as Chief Operating Officer

March 28, 2024 by Ted Leave a Comment

Mike Detmer, new COO of AVPro Global

AVPro Global Holdings, LLC, parent company to growing technology brands such as AVPro Edge, AudioControl Pro, Bullet Train, Murideo, and Then Audio, announced today that it has named well-known industry executive Mike “Sparky” Detmer as its Chief Operating Officer. Detmar is well known to many in custom integration for his long stint at Niles Audio, part of Nortek, and once a pillar brand for many integrators across the country.

Now Detmer joins AVPro Global to help them scale their operations in support of their fast-growing residential and commercial integrator solutions business.

See more on Mike Detmer joining AVPro Global as COO

[Read more…] about AVPro Global Appoints Well-Known Industry Vet as Chief Operating Officer

Filed Under: Manufacturers, News, People Tagged With: AVPro Global, Mike Detmer

Austin AudioWorks to Launch at AXPONA

March 27, 2024 by Ted 13 Comments

Austin AudioWorks new products

A new high-end, high-performance, direct-to-consumer audio company called Austin AudioWorks is officially launching the brand during the upcoming AXPONA show at the Schaumberg Convention Center in Chicago, IL from April 12-14. The company says its products “are very different from the mainstream” and show attendees will want to stop by and audition the new line in person at the show.

See what makes Austin AudioWorks different…

[Read more…] about Austin AudioWorks to Launch at AXPONA

Filed Under: Manufacturers, News, Products, Technology Tagged With: audiophile, Austin AudioWorks, Barry Thornton, Bill Leebens, high-end

Masimo Board ‘Authorizes’ Management to Prepare Spin-Off of Consumer Unit

March 22, 2024 by Ted 12 Comments

BREAKING NEWS

Masimo home page

In a release distributed late in the day on Friday after the close of financial markets, Masimo announced that the Board of Directors has “authorized” company management to prepare a spin-off of the company’s Consumer Business. Masimo Consumer is the business unit created when the company acquired Sound United in early 2022.

See more on Masimo spinning off the Consumer division

[Read more…] about Masimo Board ‘Authorizes’ Management to Prepare Spin-Off of Consumer Unit

Filed Under: Financial, Management, Manufacturers, Strategy Tagged With: Masimo, Sound United

Parasound CEO: Making Progress, But Wait Until You See What’s Coming

March 20, 2024 by Ted Leave a Comment

Title slide for Parasound Town Hall meeting

Company has Moved Its Headquarters to Las Vegas

Recently, Parasound conducted another online Town Hall meeting for dealers interested in learning more about the brand’s progress under the leadership of new owner, CEO David Sheriff. Held via Microsoft Teams on a recent Saturday to facilitate participation, it lasted an impressive 1¾ hours long with the majority of all participant questions answered.

See what CEO David Sheriff shared with Town Hall participants

[Read more…] about Parasound CEO: Making Progress, But Wait Until You See What’s Coming

Filed Under: Management, Manufacturers, News, Strategy Tagged With: David Sheriff, Parasound

Snap One Closes Out a Tough Year; They Say Next Year Will Be Better…Maybe

March 12, 2024 by Ted Leave a Comment

Cover page of Snap One Fiscal Q4 & FY 2023 results

Company Turns To Forced Client Fees to Improve Its Results

At the end of last week, Snap One Holdings Corporation [NASDAQ: SNPO] announced the results of its Fiscal Fourth Quarter and Full Year 2023. Much as we’ve seen quarter-by-quarter all year long, the company remained subsumed by a challenging “destocking” market, with Net Sales in Fiscal 2023 finishing down 5.6%, and its Net Loss last year increasing by another 146.3% this year. CEO John Heyman called it “another strong year.”

But was it truly “another strong year?”

See more details on the Snap One Fiscal 2023 performance

[Read more…] about Snap One Closes Out a Tough Year; They Say Next Year Will Be Better…Maybe

Filed Under: Financial, Management, Manufacturers Tagged With: Control4, John Heyman, Mike Carlet, Snap One

AudioControl Acquisition by AVPro Global – Seven Months Later

March 8, 2024 by Ted 1 Comment

It has been a bit of a rollercoaster ride for everyone at AudioControl over the last couple of years. The company, a leading specialty manufacturer of integrator-focused, high-quality audio electronics, has had three different owners in the last two years. Have they finally found their new home?

See my update on the AVPro Global acquisition of AudioControl

[Read more…] about AudioControl Acquisition by AVPro Global – Seven Months Later

Filed Under: Brands, Management, Manufacturers, Strategy Tagged With: acquisition, AudioControl, AVPro Global

Masimo Fiscal 2023 Q4 & Full Year Results Show Continued Drop in Consumer Spending on Audio

February 29, 2024 by Ted Leave a Comment

Masimo Fiscal 2023 results

Masimo Corporation (Nasdaq: MASI) announced on Tuesday its financial results for the fourth quarter and full year of fiscal 2023, the period that ended December 30, 2023. Results were mixed with revenues down double digits in the quarter but flat for the year. But a more sobering picture emerged for the “non-healthcare” division, also known as Masimo Consumer, which is the division that was formed when the company acquired Sound United almost exactly two years ago.

Learn more about the Masimo results for fiscal 2023 and the fourth quarter

[Read more…] about Masimo Fiscal 2023 Q4 & Full Year Results Show Continued Drop in Consumer Spending on Audio

Filed Under: Financial, Management, Manufacturers Tagged With: Joe Kiani, Masimo, Sound United

Walmart to Acquire Vizio for $2.3B; Here’s Why This Deal is Significant

February 21, 2024 by Ted Leave a Comment

Walmart is acquiring Vizio

Walmart announced Tuesday that it has agreed to acquire Vizio, the high-value TV maker, for $11.50/share in an all-cash deal worth a total of $2.3 billion. Walmart announced the acquisition as part of its highly positive and optimistic presentation of the retailer’s fourth-quarter earnings. Walmart stock popped on the earnings report, more encouraged by its forward optimism of more growth rather than on the acquisition itself.

But Walmart plans to have this acquisition drive profit growth going forward.

Learn more on Walmart acquiring Vizio, including what is significant about it

[Read more…] about Walmart to Acquire Vizio for $2.3B; Here’s Why This Deal is Significant

Filed Under: Manufacturers, Media, News, Retailers, Strategy Tagged With: advertising, media, Vizio, Walmart

Savant & GE Appliances Partner in Revolutionary ‘EcoBalance’ Home Energy Solution

February 15, 2024 by Ted Leave a Comment

Conceptual image of home using EcoBalance System from Savant & GE Appliances

GE Appliances and Savant Systems announced today that they are partnering in the launching of an innovative new home energy solution they call the EcoBalance System. The goal of this system is to offer the residential market a “whole-home, connected solution” that delivers the ability for consumers to take full control of energy delivery and utilization in their homes for unparalleled energy efficiency and management.

Learn more about the GE Appliances and Savant EcoBalance solution

[Read more…] about Savant & GE Appliances Partner in Revolutionary ‘EcoBalance’ Home Energy Solution

Filed Under: Brands, Energy/Ecosystem, Manufacturers, News, Strategy, Technology Tagged With: Bob Madonna, GE Appliances, GE Lighting, Savant Power, Savant Systems

Portal Inks Deals with Snap One & Sonos to Offer Proposal Software to Dealers for Free

February 15, 2024 by Ted Leave a Comment

Portal website home page with Snap One and Sonos logos

Portal, one of the custom integration industry’s most popular AV proposal & design software solutions used by thousands of custom integrators every day, has announced that they have struck a deal with two industry powerhouse brands – Snap One and Sonos – who will make the software available to their respective integration dealer bases. Both brands will underwrite the full monthly subscription cost for their dealers in an effort to help those integrators raise their level of professionalism, improve the efficiency of their operations, and increase their deal closing rates.

See more on the Portal program with both Sonos and Snap One

[Read more…] about Portal Inks Deals with Snap One & Sonos to Offer Proposal Software to Dealers for Free

Filed Under: Management, Manufacturers, News, Strategy Tagged With: Portal, proposal software, Snap One, Sonos

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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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