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You are here: Home / Archives for Manufacturers

Manufacturers

Voxx Announces Final Deal to Acquire Onkyo, with a Twist

June 29, 2021 by Ted 1 Comment

onkyo portable record player

Voxx International has announced that they have finalized their agreement to partner with Sharp Corporation to acquire the Home Entertainment Division of Onkyo – news that Strata-gee readers knew about last week. The news comes as a result of Onkyo shareholders voting last Friday to approve the sale of the company to Voxx’s subsidiary known as the Premium Audio Company. Not much was new here on the Onkyo front, as we already told you about the deal only covering the Onkyo and Integra brands. However, we did learn some more interesting details on the company’s attempts relative to the Pioneer and Pioneer Elite brands.

See what’s happening with Voxx, Onkyo & Pioneer

[Read more…] about Voxx Announces Final Deal to Acquire Onkyo, with a Twist

Filed Under: Asian Connection, Brands, Distributors, Management, Manufacturers, News, Strategy Tagged With: 11 Trading Company, Integra, Klipsch, Onkyo, Pioneer, Pioneer Elite, Premium Audio Company, Voxx International

End of an Era: Onkyo Shareholders Vote to Sell Off Home Entertainment Division

June 25, 2021 by Ted Leave a Comment

Photo of Onkyo Atmos models at CE Week
Onkyo Atmos-ready AV models at a past CE Week [Click to enlarge]

BREAKING NEWS

In a rather terse announcement to investors posted today, Onkyo Home Entertainment Company, Ltd. announced that, by a majority vote of company shareholders, the sale of the company’s Home Entertainment Division to Voxx International has been approved. This vote of approval was widely anticipated and represents the last formality in the transfer of the company over to Voxx. This is the first time since 1945 that Onkyo’s parent company is no longer involved in the home entertainment business.

See more on this end of an Onkyo era

[Read more…] about End of an Era: Onkyo Shareholders Vote to Sell Off Home Entertainment Division

Filed Under: Asian Connection, Brands, Financial, Management, Manufacturers, News Tagged With: 11 Trading Company, acquisition, Klipsch, Onkyo, Onkyo Corp., Onkyo Corporation, Onkyo U.S.A. Corporation, Premium Audio Company, Voxx International

ISE 2021 ‘Heralds’ Getting the Industry ‘Back to Business,’ But Did They?

June 9, 2021 by Ted Leave a Comment

In a press release distributed Wednesday morning, Integrated Systems Events (part of Integrated Systems Europe) announced the conclusion of their annual ISE event, this year in Barcelona, Spain for the first time on June 1-2. It was a hybrid-style event, offering an online or virtual conference as well as an in-person event with exhibitors in the Fira de Barcelona exhibition center. The organizers heralded the event as helping “the industry getting back to business.”

But how successful was the ISE this year? See more…

[Read more…] about ISE 2021 ‘Heralds’ Getting the Industry ‘Back to Business,’ But Did They?

Filed Under: Associations, Distributors, Integrators, Manufacturers, News, Products, Sales Reps, Shows & Events, Technology Tagged With: AVIXA, CEDIA, David Labuskes, Giles Sutton, Integrated Systems Europe, ISE, Mike Blackman

VOXX Finally Speaks: We Have an Agreement to Purchase Only Onkyo

June 3, 2021 by Ted 1 Comment

onkyo logo

Well after much coverage on the VOXX/Onkyo deal by Strata-gee, in which VOXX remained strangely silent, the company finally issued a press release today in which they acknowledged that they had signed an asset purchase agreement (APA) with Onkyo for $30.8 million. The deal remains subject to approval by Onkyo shareholders in a vote scheduled to take place on June 25, 2021.

This news was likely not a surprise to Strata-gee readers. But what was a surprise is that this purchase does NOT include the Pioneer and Pioneer Elite brands.

See more on the latest news out of VOXX about Onkyo

[Read more…] about VOXX Finally Speaks: We Have an Agreement to Purchase Only Onkyo

Filed Under: Asian Connection, Financial, Management, Manufacturers, News, Strategy Tagged With: 11 Trading Company, acquisition, Klipsch, Onkyo, Onkyo Home Entertainment Corp, Pioneer, Pioneer Elite, Premium Audio Company, Voxx International

Bryston Partners with Azione Unlimited

June 3, 2021 by Ted Leave a Comment

Bryston's logo

Bryston Ltd., a well-regarded manufacturer of high-end audio and home theater gear, announced on Wednesday that it has partnered with Azione Unlimited, a nationwide buying group of integrators. The move looks to expand their potential network of dealers here in the U.S.

See more on this Bryston and Azione partnership

[Read more…] about Bryston Partners with Azione Unlimited

Filed Under: Integrators, Manufacturers, News, Strategy Tagged With: Azione Unlimited, Bryston, Dave Kakenmaster

SnapAV Says Latest Control4 OS 3.2.2 Update Offers Full Support of OvrC

June 1, 2021 by Ted Leave a Comment

Control4 and OvrC

SnapAV announced today (Tuesday) that its latest rendition of its automation brand Control4’s OS 3 operating software – OS 3.2.2 – finally introduces full support of the company’s popular OvrC remote management platform. No doubt part of their ongoing integration strategy since they first acquired Control4, this news is sure to make life just a little easier for their Control4 dealers who support OvrC.

See more on Control4’s OS 3.2.2 & OvrC

[Read more…] about SnapAV Says Latest Control4 OS 3.2.2 Update Offers Full Support of OvrC

Filed Under: Brands, Management, Manufacturers, News, Strategy, Technology Tagged With: Control4, home automation, OvrC, remote monitoring, smart home, SnapAV

Sony Doubles-Down on Transformation from CE to Gaming, Media, & Services

May 27, 2021 by Ted Leave a Comment

sony invests

Company Plans to Invest $18 Billion in ‘Strategic Investments’; See What Segments are Targeted

Sony Group announced yesterday that it will invest no less than Â¥2 trillion ($18 billion) over the next three years to turbo-charge the company’s transition from a consumer electronics powerhouse to a global leader in gaming, media, and services. The only hardware they are looking to equally dominate is the sensor business – and a potential entry into the general chip-making business (more on this later).

More on the remarkable Sony global transformation

[Read more…] about Sony Doubles-Down on Transformation from CE to Gaming, Media, & Services

Filed Under: Asian Connection, Financial, Management, Manufacturers, News, Strategy, Technology Tagged With: artificial intelligence, COVID-19, media, movies, music, robots, semiconductors, sensors, services, Sony, strategic investment, streaming services, TV shows

Onkyo Releases Final Fiscal 2021 Numbers and I Am Stunned

May 25, 2021 by Ted 10 Comments

Onkyo Classic OCP-1
Is this the future of Onkyo?

I recently told you that the Onkyo & VOXX/Sharp deal has been delayed from a firm May 20th date to sign a definitive agreement, to a more hazy “sometime” in late May, according to an announcement released by Onkyo to investors in Japan. At the same time the company put that announcement out, they also released the final numbers for their fiscal 2021 results – the fiscal year ending March 31, 2021. The only way I can characterize these numbers is to say that they are…in a word…stunning.

See the Onkyo results for fiscal 2021…

[Read more…] about Onkyo Releases Final Fiscal 2021 Numbers and I Am Stunned

Filed Under: Brands, Financial, Management, Manufacturers, News, Strategy Tagged With: crowdfunding, Onkyo, retro

Sonos Delivers Strong Fiscal 2021 Q2 Results Thanks in Part to a Lousy 2020

May 13, 2021 by Ted Leave a Comment

Raises Guidance for FY2021; Issues Strongest Warning Yet of Supply Chain Issues

After the close of market on Wednesday, Sonos, Inc. (NASDAQ: SONO) reported their fiscal 2021, second quarter results which were very strong. On Wall Street they like to call that an “earnings surprise” and they really, really like it when it is a positive surprise. Sonos did not disappoint them.

See the Sonos 2nd quarter results

[Read more…] about Sonos Delivers Strong Fiscal 2021 Q2 Results Thanks in Part to a Lousy 2020

Filed Under: Financial, Management, Manufacturers, News, Strategy, supply chain Tagged With: Sonos

SnapAV Takes Preliminary Step Ahead of Registering for Public Offering

May 12, 2021 by Ted Leave a Comment

SnapAV booth at CEDIA 2019

In a move that has been widely anticipated for some time now, Wirepath Home Systems LLC, the corporate name for SnapAV, has filed paperwork with the SEC to preliminarily begin the process of registering their stock for sale to the public. We learn little in the rather terse announcement from the company, but many in the industry had expected this day would come for years now.

See more on SnapAV taking steps to go public

[Read more…] about SnapAV Takes Preliminary Step Ahead of Registering for Public Offering

Filed Under: Brands, Distributors, Financial, Management, Manufacturers, News, Strategy

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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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