Legrand and Lumileds Partner to Drive Adoption of Tunable White LED Lighting

Legrand and Lumileds announced today that they have signed a partnership agreement that is designed to combine forces and help drive industry adoption of tunable white LED lighting. The two will create and sell what they say is a “simple … Continue reading

New Study Says Voice-Controlled Assistants Aren’t Used Daily

As more research continues to emerge on consumer utilization of voice-controlled devices, it becomes clear that there are still impediments to end-users utilizing their voice-control capabilities regularly, according to research by Social Lens. A separate study by Nielsen reaffirms what … Continue reading

Does the WAVE/AVAD Deal Signal a New Era in Distribution?

As we reported last week, the world learned that the private equity group that owns AVAD has made another deal, acquiring Houston, TX-based WAVE Electronics, another major custom integration distribution company. After an initial ripple of excitement over the deal, … Continue reading

Melrose Talks of Disposing of Nortek

Are Elan, Speakercraft, Niles, Proficient, etc. In Play Again? Melrose PLC, owner of Nortek, including Nortek Security & Control, is openly talking to U.K. media about the likelihood of selling off Nortek – saying, in essence, their work is done, … Continue reading

Emerald Expositions Reports Attendance Flat at CEDIA Expo 2018

Emerald Expositions Events, Inc. (stock symbol: EEX) reported last week that attendance at CEDIA Expo 2018, the first Expo run totally by Emerald Expositions employees, had an attendance of “more than 20,000 home tech pros” or flat as compared to … Continue reading

Equity Owner of AVAD Doubles Down, Buys WAVE & Consolidates

Kingswood Capital Management, LLC, a private equity company that describes itself as “an operationally-focused lower-middle market” PE company – and the current owner of AVAD – announced today that it has purchased Houston, TX-based custom integration distributor WAVE Electronics, Inc. … Continue reading

Gibson Begins Leadership Makeover w/New CFO

Gibson Brands’ Chapter 11 bankruptcy proceedings have continued to incessantly march forward, the gritty work of a large scale matter such as this occurring mostly in the background. However, occasionally a major factor emerges to be picked up by the … Continue reading

Expo18: Savant Launches Microgrid for Macro Impact

A Significant New Revenue & Profit Opportunity for Integrators As I mentioned in my CEDIA wrap-up post recently, Savant surprised me with an entirely new category they call microgrid. Created in partnership with sister company Racepoint Energy, a microgrid is … Continue reading

Onkyo Targets OEM Business to Beef Up Results

Onkyo Corporation, parent of the Onkyo, Integra, and Pioneer AV brands, is expanding its OEM business unit to help build its business and offset losses it has experienced over the last five years, according to a report by the Nikkei … Continue reading