Strategy in TECH...
High-end audio maker Perlisten Audio announced today that it has appointed Erik Wiederholtz as its Chief Technical Officer (CTO). The appointment was announced by Perlisten CEO Dan Roemer.
AAMP Global, a leading global manufacturer of a wide array of technology products for the personal and commercial vehicle markets, announced today the strategic acquisition of AudioControl – the well-known specialty manufacturer of electronics products for the automotive, residential, and commercial audio channels. The terms of the transaction were not disclosed, but AAMP says that AudioControl’s Seattle, WA-based operations and team will continue to operate as an independent facility under the AAMP Global umbrella.
I spoke with top executives of both companies to learn more about what drew the parties together and just what is meant by a “strategic” acquisition.
Crestron Electronics announced today that it is acquiring 1 Beyond, an innovative provider of intelligent video products that enable more effective meetings – especially meetings that blend in-office and remote participants, known as hybrid meetings. The company said that the 1 Beyond team will stay at their existing base in Boston, MA. The terms of the deal were not released.
So Sony has just pulled a major donut – finally coming full circle. Sony Group’s CEO stood alongside Honda Motor’s CEO as the two companies announced that they were forming a joint venture with automotive manufacturing powerhouse Honda agreeing to partner with the sensor and mobile entertainment electronics king Sony to actually manufacture electric vehicles (EVs) – or what we’ve known up to this point as the Sony Vision-S vehicles. At last, our trip down the long and winding (and confusing) road has arrived at a final destination.
And with this announcement, we now have tech’s newest power couple…
Russound announced today that it is partnering with D-Tools, a leading software provider of system design tools, to offer a new productivity solution to its dealers. The company says this new program will turbocharger their dealers’ productivity.
Respected high-performance speaker maker ELAC announced this week that they are branching into the equipment protection product category by launching a series of surge protectors and power conditioners under the Protek name. But this new line is not just any ordinary equipment protection devices, the company applies its clever engineering capabilities to deliver an upgraded, higher-performing protection solution.
Here we go again! Yet another major blow has been dealt to the supply chain, this time from another round of COVID-19 hitting China, forcing lockdowns in many critical areas of the country – including Shenzhen. You may or may not know that much of the electronics goods manufactured in China come out of the Shenzhen region – so we all have a direct connection to the impact of this development. Add to this, new reports of container costs rising again and transportation disruptions from the Russian invasion of Ukraine. What’s next?
Last Friday, Snap One held a Virtual Partner Summit in which they unveiled a whole roster of new products to dealers participating in the online event. It was an impressive launch in key product areas for the company including OvrC, audio, new controllers, new soundbar and wireless sub, new architectural speakers, a major new operating system upgrade called OS 3.3.0, and more.
Elmo Company, a 101-year old global technology company predominantly in the education, professional, and enterprise channels, is now entering the residential space with a unique dedicated room control solution that features ease of installation and an intuitive user experience. This new system, called the CVAS Room Control System, is just the first of what will be an expanding line of bullet-proof, daily use products that offer an optimal blend of performance and value.
On Monday we learned of the launch of a new brand of wireless streaming music systems called AVA. Targeted towards the higher-end of the market, AVA features a more European design aesthetic, is targeted for distribution through the custom integration channel, and comes from a triumvirate of co-founders of respectable pedigree.
But does this pedigree guarantee their success?
