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Masimo Updates SEC on Its Progress Recovering From Recent Cyberattack

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Masimo website home page
Part of the new Masimo website [Click to enlarge]

In a new filing with the Securities and Exchange Commission (SEC), Masimo Corporation (Nasdaq: MASI) updated regulators on its progress in recovering from a recent cyberattack that took its major systems offline for several days and disrupted manufacturing. The company also notified the SEC that as part of its participation in certain investment conferences coming up over the next few weeks, it intends to reiterate its updated outlook for expected financial performance over the remainder of fiscal 2025, as originally announced on May 6, 2025.

See more on the latest SEC filing by Masimo…

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Harman Hits Voxx Int’l & Klipsch Group with Major 13-Count Lawsuit

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Cover page of Harman v. Voxx and Klipsch

Something tells me these companies – Harman International Industries, Inc. and Voxx International Corp/Klipsch Group, Inc. aren’t going to be friends…or even friendly. I have learned that Harman has filed a significant 13-count patent infringement lawsuit against Voxx/Klipsch for copying its patented JBL PartyBox line in the creation of the Klipsch Gig XXL party speaker line.

Harman says Voxx/Klipsch continued its allegedly unlawful actions even after being notified of the infringement by Harman back in the fall of 2023.

Learn all about Harman v. Voxx et al…

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On Fire, Sonance Acquires Blaze Audio in Pro Audio Expansion

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Sonance acquires Blaze Audio

Sonance, a leading innovator of custom integration solutions founded more than four decades ago when it was instrumental in creating and growing the overall custom integration industry – continues to fuel its own forward momentum, announcing this week the acquisition of Blaze Audio, a significant innovator of premium high-performance amplifiers and sound reinforcement speakers out of Copenhagen, Denmark.

This move represents a significant expansion of Sonance’s Pro Audio division.

Learn more about the Sonance acquisition of Blaze Audio

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Masimo Sells Sound United to Harman; Excited? Temper Your Enthusiasm

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Sound United has been acquired by Harman

Last week, Masimo Corporation (Nasdaq: MASI) finally announced the long-anticipated sale of its Masimo Consumer division – the audio division created after its acquisition of Sound United back in February 2022 – to Harman International Industries Incorporated. Harman is a division of Samsung Electronics with a large automotive electronics business, along with professional audio and high-end audio businesses as well.

But is this truly a good home for Sound United?

Learn more about Harman acquiring Sound United from Masimo

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Masimo.com Has Been Down for ‘A Few Days’

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Message on Masimo website recently

For the last two days or so, I have been diligently attempting to find out what is going on at Masimo as the company’s main website – Masimo.com – has been down for at least the last 2½ days (as of the time of this writing on mid-day Thursday)! The only thing visitors find when they navigate to the site is the “be back shortly” message shown above, along with a Masimo logo above it.

See more on Masimo.com going dark…

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Gentex, Owner of Onkyo & Klipsch, Reports 1Q/2025 Results; Sales & Profits Declined

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Gentex CES 2025 booth

Gentex Corporation (Nasdaq: GNTX), the new owner of Voxx, Premium Audio Company, Onkyo, Integra, and Klipsch reported the financial results for its first quarter of fiscal 2025 – the period that ended on March 31, 2025. Note that these results do not include the Voxx et. al. acquisition in its numbers, as that merger did not close until April 1, 2025. Gentex reported declines in sales, gross profit dollars, income from operations, and net income.

And all that happened before the new tariffs launched by the Trump administration took effect in full force.

Learn more about the Gentex results in the first quarter of 2025…

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T-Day+1: Tariffs…And So It Begins…

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**NEW Update 7/11/25** – See Updated Tariff Programs from Around the Industry

**7/11/25 – New program adjustments. See below** The reality is beginning to set in. Most industry manufacturers have updated their pricing with tariff-driven price increases…some as high as 50+%. Two weeks ago, on a day I call T-Day (for tariff day), the Trump Administration announced a new “reciprocal” tariff program on America’s top 100 trading partners that is bigger and more impactful than anything he ever toyed with during his first term. Even though most of that plan has been put on a 90-day hold (except for China), anywhere from 10%…to 10%+20% is now implemented. The impact of that is starting to hit economies around the world.

And the reality and impact of that is also beginning to hit individual businesses and consumers.

See more on the inflection point of the tariff program now beginning…

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China March Exports & Q1 GDP Blow Away Forecasts as Exporters Rush to Beat Tariffs

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Ship being loaded in China
[Image: Reuters]

According to the latest Chinese customs data, outbound shipments in March increased by 12.4% year-over-year (YoY) far exceeding all previous estimates. In addition to that, first quarter GDP lept 5.4% in China, a huge increase over recent historical moves. It appears that exporters are seeking to beat the newly aggressive U.S. tariff policy by front-loading their needs.

See more on China’s massive uptick in exports in March

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Latest Masimo SEC Filing Shows Fresh Approach – Heavy on Disclosure & Pro Management

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Masimo Schedule 14A filing with the SEC
Fan…TAB…ulous! The colored tabs mark significant sections I discovered in the DEF14A filing

Masimo Corporation (Nasdaq: MASI) latest filing with the SEC continues to project an undeniable shift in style that is sure to please investors. The filing, a Schedule 14A (DEF14A) filing with information for shareholders in advance of the April 29, 2025, Annual Meeting of Stockholders, is absolutely stuffed with information on its new management, new goals, new policies, and new shareholder-friendly approach to running this business.

It also had plenty of tasty tidbits for those curious as to what is going on at the company.

See more on this latest filing by Masimo…

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Gentex Closes on Acquisition of Voxx International Corp

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Gentex image from website

Embarks on a New Era of ‘Transformation’

On Monday, March 31, 2025, Voxx International Corp. held a special meeting of stockholders who voted “overwhelmingly” in favor of the final closing of its acquisition by auto parts maker Gentex. According to an announcement by the company, “With all regulatory and stockholder approval obtained and all closing conditions met” the transaction is now closed and Gentex now owns Voxx lock, stock, and barrel.

See more on Gentex closing the deal to acquire Voxx…

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