Factory Tour Shows James Loudspeaker To Be More Than You Realized
In our work lives, we all try to project the most positive image of ourselves. Sometimes the only way to really get to known someone is to visit them in their home. Here, you can find a lot of clues to their true selves.
So it is with companies as well. Polished marketing and great looking products can give you an impression of a large, professional, smoothly-running operation. But, as we can attest from direct experience, that simply is not always the case.
And sometimes, as in the case of James Loudspeaker, you get surprised.
Le Holdings Co. Ltd. (LeEco), a Chinese company with unusual multi-business aspirations, announced this week that they had acquired Vizio, a U.S. manufacturer of affordable televisions, in a deal worth $2 billion. The deal will serve as LeEco’s entry into the U.S. market with its unusual mix of products.
Back in the Fall of 2013, we told you about the 
The ink is barely dry on their agreement to be acquired by Britain’s Melrose Industries PLC, and already Nortek Inc. finds themselves the subject of multiple investigations by several major law firms who have publicly notified shareholders this deal may not be a good one for them. It is not clear if these law firms intend to take action yet, but if so, it could be a complicating factor in the transaction.
News comes this 4th of July holiday week that Ingram Micro, itself just recently acquired by a Chinese shipping company, has sold off AVAD, LLC and AVAD Canada Ltd., to Kingswood Capital Management, a private equity company. In an announcement from Kingswood, the company says it has brought in a new upper management team – including a new CEO, industry veteran Tom Jacoby.
They’ve been hinting about it for months, now Russound makes it official, they will launch an all-new line of 70-volt products targeted for the light commercial market at the upcoming CEDIA Expo in Dallas in September. Although the company had no specific model/feature information for the press at this time, the news is noteworthy nonetheless as the company is clearly expanding into more commercial-appropriate products this year.
