News
D&M Holdings Borrows $25 Million to Build More HEOS
An independent commercial finance company, Siena Lending Group, announced last week that it has worked with North Mill Capital to close on a three-year asset-based revolving credit facility in the amount of $25 million with D&M Holdings, Inc. and D&M Canada, Inc. Siena says that the funds will support D&M’s growth and their “seasonal working capital requirements.” It will also, apparently, help Denon grow their HEOS line. Why do we say that? Read on…
See more on this, including how this deal connects to Denon’s HEOS line… [Read more…] about D&M Holdings Borrows $25 Million to Build More HEOS
Backing Beats – Apple Launches Retaliatory Attack on Monster
BREAKING NEWS
Monster’s Noel Lee Talks to Us About Latest Lawsuit Developments
As many regular readers know, Strata-gee has been closely following the litigation between Monster, LLC and Beats Electronics, LLC. Although the matter is really just getting started, it appears to be getting really ugly, really quickly. Now we have learned that Apple, Inc. has taken several actions that, according to Monster CEO Noel Lee (who is known as the Head Monster), are pure retaliation over this lawsuit – even though Monster did not sue Apple.
See more on Apple’s actions against Monster that it says are retaliatory… [Read more…] about Backing Beats – Apple Launches Retaliatory Attack on Monster
The Trail Goes Cold & Sticky at Tivoli Audio; Company Sold to Kings of Yogurt
We learn this month that Tivoli Audio LLC’s epic saga continues, as the previous private equity company owner Summit Associates hires another private equity company Levy Capital Partners to sell it to a third private equity company Serruya Private Equity. (Notice a theme here?) Serruya says it has acquired Tivoli Audio to “serve as its flagship consumer electronics brand.” Or, in other words, as its only consumer electronics brand in a sea of yogurt flavored packaged goods brands.
See more on this new twisty turn in Tivoli’s journey… [Read more…] about The Trail Goes Cold & Sticky at Tivoli Audio; Company Sold to Kings of Yogurt
Beyond the Referral – Tools & Techniques to Power Up Your Marketing Strategy
Be sure to see the cover story in the June issue of Residential Systems magazine titled Beyond the Referral – Tools & Techniques to Power Up Your Marketing Strategy by Strata-gee’s own Ted Green. This article introduces readers to the top tools of marketing to market your tech company today.
What are these top tools? Read more below… [Read more…] about Beyond the Referral – Tools & Techniques to Power Up Your Marketing Strategy
Quirky HiFiMan Launches HE1000 High-End Headphones
HiFiMan, an independent manufacturer of high-end headphones, portable music players, and associated accessories, announced on Wednesday a new top-of-the-line, full-sized headphone – the HE1000. Featuring the company’s preferred planar magnetic technology and a breakthrough diaphragm design, these headphones are for serious music listening, or as the company puts it, “intended for reference use in home or studio.”
Learn more about this remarkable high-end model, with a nano-tech breakthrough… [Read more…] about Quirky HiFiMan Launches HE1000 High-End Headphones
Shareholders Slam Sharp’s Stock
Sharp Corp., as we have previously reported, is going through some seriously tough times. Earlier this month, company-connected sources had told the Japanese media that the company would announce drastic restructuring measures, including significant staff cutbacks – not just in export markets, but on their home turf of Japan as well. And while the company went on to officially announce these cuts, it did not take any additional steps to fundamentally restructure their company, disappointing investors who were looking for much more.
Shareholders in Japan have slammed Sharp for its weak-kneed restructuring…See more… [Read more…] about Shareholders Slam Sharp’s Stock
TV Maker Funai Says 2015 is the Year of 4K…Cheap 4K, That Is
Osaka, Japan-based Funai Electric announced earlier this month that it will release a line of inexpensive 4K televisions in the North American market this fall, in time for the region’s major selling season. The company expects this year to be the year when 4K UHD TVs hit it big and they want to be ready to grab market share with their lineup.
Is it time to drive 4K pricing down to attract the masses? Funai says yes… [Read more…] about TV Maker Funai Says 2015 is the Year of 4K…Cheap 4K, That Is
Soundcast Acquired by Private Equity Company
Soundcast, a marketer of primarily wireless outdoor speaker products, announced on Tuesday that it has been acquired by Hancock Park Associates, a private equity company out of Los Angeles, with offices in Houston and Denver. The announcement says that the new owners have also appointed The OAC Group “to manage and run Soundcast.”
It was a surprising development for a company that’s had a bumpy ride through its history… [Read more…] about Soundcast Acquired by Private Equity Company
Hitachi Jumps into Wireless Speakers Biz
Hitachi America, Ltd. announced on Tuesday that it has entered the wireless speaker business with three self-contained wireless speaker systems using Qualcomm’s AllPlay technology. According to Hitachi, their new hardware/software “smart media” platform makes it simple for consumers to stream any local or cloud-based media from any type of device via Wi-Fi.
