Nortek Consolidation Continues; Creates New ‘ProAV Group’

BREAKING NEWS Nortek Inc. announced this morning that it has consolidated several of its brands into a new organization that they call the “ProAV Group.” Consisting of several Nortek brands that were conspicuously missing from their recently formed “Core Brands” … Continue reading

France’s Legrand Buys NuVo Technologies

The French conglomerate Legrand’s North American subsidiary announced today that it has purchased Hebron, Kentucky-based NuVo Technologies, LLC. NuVo, a whole house audio solutions provider will continue to run as a freestanding, independent company focusing on the home audio market … Continue reading

Sharp in Talks with Intel and Qualcomm to Receive Capital Investment

BREAKING NEWS According to multiple reports from Reuters, Nikkei and others, Sharp Corp., the troubled Japanese consumer electronics manufacturer, is in negotiations with Intel Corp. and Qualcomm Inc. about a much-needed capital investment. Sources are telling the media that Sharp … Continue reading

Onkyo Forges Global ‘Strategic Collaboration’ with Imagination Technologies Group

Out of Tokyo, Japan this past Monday came word of a new global strategic collaboration between Onkyo Corporation, U.K.-based Imagination Technologies Group, and Imagination’s consumer division known as Pure. A global technology creator, Imagination Technologies Group largely focuses on multimedia, … Continue reading

OK, 3D HDTV Flopped – Industry Turns to Next Trick in Bag: Ultra HDTV

It’s a tough time to be an executive at one of the major television manufacturer’s these days. After a record run – with help from the U.S. government mandating a switch to digital broadcasting virtually forcing American consumers to upgrade … Continue reading

Moody’s Cuts Sony’s Credit Rating Again; Now Just One Notch Above ‘Junk’

The investment community remains unconvinced that new Sony Corp. CEO Kaz Harai is making meaningful headway in turning around the financial performance at the struggling tech manufacturer. And now Reuters is reporting out of Tokyo that credit rating agency Moody’s … Continue reading

Savant Picks SESales for Southeastern States Reps

Savant Systems, LLC has selected Southeastern Sales Associates, Inc. (SESales) as their sales representatives for the southeastern region. Focusing on the custom integration business, SESales will represent the home automation brand to those installers and dealers in the states of … Continue reading

Sharp Shocker: Company Will Report Interim Net Loss Almost Double Their Forecast

The Nikkei reported today that it has learned from unnamed sources that Sharp Corp. is about to report a surprising interim net loss of ¥400 billion (just over $5 billion). Covering the period of their April-through-September fiscal (interim) semester, this … Continue reading

Alpine Parent Alps Electric Reinvents the Car-to-Human Control Interface

In a new video published to the Internet on Wednesday by Diginfo TV, Alps Electric – parent company of Alpine Electronics – demonstrates a prototype of future automotive control technology that redefines the human interface with the car of the … Continue reading