NAD Electronics announced this week that it will begin incorporating Dirac Live room correction technology in certain yet-to-be-introduced models in the near future. Saying that this development is a “Strengthening [of] its commitment to provide customers with an unparalleled home theater listening experience…”, NAD hailed Dirac as “the global leader in platform optimized sound enhancement technology.
Manufacturers
AudioControl Celebrates 40 Years of Innovation
AudioControl, the Seattle,WA-based scrappy manufacturer of specialty audio electronics for both the automotive and residential markets announced that 2017 is their 40th Anniversary, marking a somewhat remarkable journey from outsider accessory maker to a brand of growing significance to many in the mobile AV and residential custom integration communities. And to what does the company attribute their success? It’s all about reliability, performance and value…
See more on this remarkable milestone for AudioControl… [Read more…] about AudioControl Celebrates 40 Years of Innovation
Legrand Acquires Milestone in Largely a Commercial Play
France’s Legrand announced today it has signed an agreement to acquire Milestone AV Technologies in a deal valued at $950 million. The deal is another example of continued industry consolidation, although in this case, it was largely a play by Legrand for Milestone’s predominantly commercial business rather than the residential portfolio.
See more on this deal which is twice as big as any previous Legrand acquisition… [Read more…] about Legrand Acquires Milestone in Largely a Commercial Play
PE Firm General Atlantic Sells Its Stake in SnapAV
BREAKING NEWS
SnapAV announced today that General Atlantic, its private equity partner, has sold its ownership interest in the company to San Francisco-based Hellman and Friedman, another private equity group. The move, while unexpected, is not unusual in the world of private equity – especially in the case where a portfolio company transitions stages of growth that move it beyond the the investment strategy of the PE partner as compared to when the investment was initially made.
See more on this big change at SnapAV… [Read more…] about PE Firm General Atlantic Sells Its Stake in SnapAV
Savant Launches New Line of Touch Screens
Savant Systems, LLC, a leading controls systems manufacturer for the custom integration industry, announced this week it is launching a all-new line of touch screens it calls “Wally.” This new Wally lineup offers consumers easy access to their climate, lighting, and entertainment systems with a simple touch of the finger.
See more on the Savant Wally touch screen… [Read more…] about Savant Launches New Line of Touch Screens
LG Targets Home Cinema with ProBeam Compact Laser Projector
LG Electronics announced this week an interesting new compact laser projector targeted at the home cinema enthusiast. Although quite affordable, this light and compact projector – called the LG ProBeam – features some very cool technology and features sure to delight residential movie fans.
Check out the LG’s new ProBeam… [Read more…] about LG Targets Home Cinema with ProBeam Compact Laser Projector
Sony CEO Predicts 20-Yr High Op. Profit; Says Co. Needs More Innovation
Sony CEO Kazuo Hirai is feeling pretty good these days. After an incredibly tough turnaround period where many questioned his plan, Hirai said this week that the company expects to book an operating profit of ¥500 billion ($4.5 billion) in the fiscal year ending March 2018, its highest operating profit in 20-years according to a report by the Nikkei. But the CEO admits that, as good as this news is, the company is still short of a full turnaround.
What’s needed for a complete turnaround of Sony’s business? Innovation…
See more on what Sony’s CEO says the company needs to do… [Read more…] about Sony CEO Predicts 20-Yr High Op. Profit; Says Co. Needs More Innovation
A Global Player, CasaTunes Launches Call to Muslim Prayer Feature
Ft. Collins, CO-based CasaTunes announced this week that it has launched a new feature to better address their growing global business. This new feature is a call to Muslim Prayer feature, which will be very handy for end users in their growing Middle East business. A unique capability ignored by most system providers, this new call to Muslim Prayer support allows users to schedule and customize their personal call to pray.
See more on CasaTunes new call to Muslim prayer feature… [Read more…] about A Global Player, CasaTunes Launches Call to Muslim Prayer Feature
Savant Targets New Market Segment with Simple Host/Pro Remote Kit
Savant Systems has launched a clever new package that allows them to address a new entry-level market segment, and provides custom integration pros with a more robust solution for their less sophisticated clients. Called the Simple Host and Pro Remote System, Savant applies what they’ve learned from their consumer business to offer a solid solution sold only through professional integrators.
See more on Savant’s new solution… [Read more…] about Savant Targets New Market Segment with Simple Host/Pro Remote Kit
First Product of Control4 and Triad Partnership Launches
Control4 Corp. announced today the launch of a line of outdoor audio solutions from their newly acquired Triad Speakers division. Called the Triad Garden Array outdoor speakers, the line includes a satellite speaker along with an outdoor subwoofer – all designed to be placed broadly throughout an entire outdoor entertainment space.
