Also: Consolidating Facilities & Moving Headquarters It appears that the other shoe is dropping in the wake of the failed acquisition of Onkyo Corporation’s branded A/V division by Sound United last month, as the company now says it will reduce … Continue reading
UK based Amina Technologies, manufacturer of so called “invisible speakers,” had for years been in a partnership with Triad who distributed their line. Yet in the wake of Triad’s acquisition by Control4, Amina ultimately chose to split off and go … Continue reading
Tech Data, one of the largest technology distributors in the U.S. and globally, has been acquired by Apollo Global Management, a private equity powerhouse, in a deal valued at $5.4 billion. The deal announced today, is expected to close by … Continue reading
A new poll from Gallup suggests that consumers are in the mood to spend – and spend generously – at the upcoming holiday season. How much will they spend? What percentage of Americans say they’ll spend less? Or more? Read … Continue reading
The Toshiba Corp. headquarters stands in Tokyo, Japan, on Tuesday, April 3, 2018. Photographer: Tomohiro Ohsumi/Bloomberg Toshiba Corp. announced this week that it has launched a large consortium of more than 100 companies in Japan for the purpose of creating … Continue reading
BREAKING NEWS New Delta Series Preamplifier/DAC [Click to enlarge] With almost two years away from the market after their acquisition by Sound United in January 2018, Classé says it will return to the audiophile electronics market in January 2020 with … Continue reading
BREAKING NEWS Acquired by Sound United Two Years Ago, Then Gone It was January 2018 when I reported that Sound United had completed its acquisition of Classé, an acquisition which had been first announced in December of 2017. In the … Continue reading
LG Electronics Inc. is on a roll, as evidenced by their fiscal third quarter results. The company says it has set an all-time record for third quarter revenues while at the same time booking their best quarterly profit in a … Continue reading
Korean media is reporting that Sharp, the former Japanese powerhouse brand now owned by Taiwan’s Foxconn, is late on approximately tens or even hundreds of millions of dollars worth of payments to Korean factory gear makers. Not only are they … Continue reading
Luxman America has appointed well known industry executive John Pravel as its Vice President of Sales. Previous to this appointment, Pravel was one of Luxman’s sales representatives in upstate New York. See more on Pravel’s appointment at Luxman … Continue reading