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Masimo Updates SEC on Its Progress Recovering From Recent Cyberattack

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Masimo website home page
Part of the new Masimo website [Click to enlarge]

In a new filing with the Securities and Exchange Commission (SEC), Masimo Corporation (Nasdaq: MASI) updated regulators on its progress in recovering from a recent cyberattack that took its major systems offline for several days and disrupted manufacturing. The company also notified the SEC that as part of its participation in certain investment conferences coming up over the next few weeks, it intends to reiterate its updated outlook for expected financial performance over the remainder of fiscal 2025, as originally announced on May 6, 2025.

See more on the latest SEC filing by Masimo…

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Harman Hits Voxx Int’l & Klipsch Group with Major 13-Count Lawsuit

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Cover page of Harman v. Voxx and Klipsch

Something tells me these companies – Harman International Industries, Inc. and Voxx International Corp/Klipsch Group, Inc. aren’t going to be friends…or even friendly. I have learned that Harman has filed a significant 13-count patent infringement lawsuit against Voxx/Klipsch for copying its patented JBL PartyBox line in the creation of the Klipsch Gig XXL party speaker line.

Harman says Voxx/Klipsch continued its allegedly unlawful actions even after being notified of the infringement by Harman back in the fall of 2023.

Learn all about Harman v. Voxx et al…

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On Fire, Sonance Acquires Blaze Audio in Pro Audio Expansion

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Sonance acquires Blaze Audio

Sonance, a leading innovator of custom integration solutions founded more than four decades ago when it was instrumental in creating and growing the overall custom integration industry – continues to fuel its own forward momentum, announcing this week the acquisition of Blaze Audio, a significant innovator of premium high-performance amplifiers and sound reinforcement speakers out of Copenhagen, Denmark.

This move represents a significant expansion of Sonance’s Pro Audio division.

Learn more about the Sonance acquisition of Blaze Audio

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Masimo Tells SEC It Was the Victim of a Cyberattack

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I recently reported that I had discovered that the primary website for Masimo Corporation (Nasdaq: MASI) – Masimo.com – was down…and down for a few days. This is very unusual for a public company and the message displayed on the inactive site sounded suspiciously untrue – saying the site was undergoing “maintenance.” Now we’ve learned from a filing with the Securities and Exchange Commission (SEC) that the company had suffered an intrusion and “unauthorized activity” on its systems.

See more on this cyber incident on Masimo.com

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Masimo Sells Sound United to Harman; Excited? Temper Your Enthusiasm

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Sound United has been acquired by Harman

Last week, Masimo Corporation (Nasdaq: MASI) finally announced the long-anticipated sale of its Masimo Consumer division – the audio division created after its acquisition of Sound United back in February 2022 – to Harman International Industries Incorporated. Harman is a division of Samsung Electronics with a large automotive electronics business, along with professional audio and high-end audio businesses as well.

But is this truly a good home for Sound United?

Learn more about Harman acquiring Sound United from Masimo

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Strata-gee Founder Hospitalized After Suffering Injuries in Accident on Monday

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Strata-gee founder and chief content creator Ted Green at JFK University Medical Center

**STORY UPDATED**

Strata-gee Founder & Chief Content Creator Ted Green was hospitalized on Monday after suffering injuries from an accident early Monday morning. Green remained hospitalized through Wednesday evening following three intensive days of extensive testing, treatment, and recuperation.

**Click here to see the latest update below the main story, posted on May 11, 2025.

Learn more about the Strata-gee founder’s situation…

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Masimo.com Has Been Down for ‘A Few Days’

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Message on Masimo website recently

For the last two days or so, I have been diligently attempting to find out what is going on at Masimo as the company’s main website – Masimo.com – has been down for at least the last 2½ days (as of the time of this writing on mid-day Thursday)! The only thing visitors find when they navigate to the site is the “be back shortly” message shown above, along with a Masimo logo above it.

See more on Masimo.com going dark…

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Gentex, Owner of Onkyo & Klipsch, Reports 1Q/2025 Results; Sales & Profits Declined

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Gentex CES 2025 booth

Gentex Corporation (Nasdaq: GNTX), the new owner of Voxx, Premium Audio Company, Onkyo, Integra, and Klipsch reported the financial results for its first quarter of fiscal 2025 – the period that ended on March 31, 2025. Note that these results do not include the Voxx et. al. acquisition in its numbers, as that merger did not close until April 1, 2025. Gentex reported declines in sales, gross profit dollars, income from operations, and net income.

And all that happened before the new tariffs launched by the Trump administration took effect in full force.

Learn more about the Gentex results in the first quarter of 2025…

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LVMH: The Small Shudder That Rocked the Luxury World; Is Luxury Spending Declining?

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LVMH Q1/2025 results
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It was a small thing really. I mean, any decline in revenue is not good, but a 3% decline doesn’t sound particularly troublesome. But when that small 3% revenue decline hit Moët Hennessy Louis Vuitton (LVMH), that slight shudder hit more like an earthquake that had the whole world of luxury shaking. You see LVMH is the world’s most valuable luxury company.

Or, I should say, LVMH was the world’s most valuable luxury company…

See more on LVMH & what it means for luxury spending around the world…

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In New SEC Filing, Joe Kiani Claims to Own 13.2% of Masimo; There’s Just One Problem…

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Joe Kiani, former CEO of Masimo

On Tuesday, a Schedule 13G/A Form was filed with the Securities and Exchange Commission (SEC) on behalf of former Masimo Corporation CEO Joe Kiani. The form is a “Statement of Ownership” and it is used to disclose the amount of ownership of top holders of public company stock. In this filing, Kiani reports to the SEC that he holds 13.2% of Masimo stock.

There’s just one problem…he doesn’t…

See more on Kiani’s share of ownership of Masimo

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