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You are here: Home / Archives for News

News

Just Video Walls, A Company Created by Integrators, Brings Easy MicroLED Walls

August 10, 2023 by Ted Leave a Comment

A Just Video Walls configuration

Just Video Walls™, a Fort Lauderdale, FL-based supplier of MicroLED video walls, is creating new processes that will accelerate the adoption of the technology by making it easier for integrators to design, install, and support the product. Sometimes, the best solution is simply a better process.

See more on Just Video Walls and their mission

[Read more…] about Just Video Walls, A Company Created by Integrators, Brings Easy MicroLED Walls

Filed Under: News, Products, Shows & Events, Technology Tagged With: Jim Koenig, Just Video Walls

Masimo CEO: ‘We are Disappointed with Our Results This Quarter’

August 10, 2023 by Ted Leave a Comment

Masimo slide from their Q2 fiscal '23 quarterly earnings presentation

Masimo Corporation (Nasdaq: MASI) (Masimo) announced the final financial results for the second quarter of fiscal 2023, the 90-day period that ended on July 1, 2023. About three weeks ago, the company released a preliminary report on the quarter, alerting investors to an unexpected drop in revenues. As they predicted, revenues did decline, although not as poorly as they suggested might be the case.

See the actual Masimo results for the second quarter of fiscal 2023

[Read more…] about Masimo CEO: ‘We are Disappointed with Our Results This Quarter’

Filed Under: Financial, Manufacturers, News Tagged With: Joe Kiani, Masimo, Sound United

Emerald Expo Shows Big Increases in 2nd Qtr of Fiscal ’23; Revenues Up 21%, Losses Up 1,057%

August 9, 2023 by Ted Leave a Comment

Emerald Holding Inc. cover page of a financial presentation

Mixed Results from Owner of CEDIA Expo and CEPro

Emerald Holding, Inc. (NYSE: EEX) (Emerald) owner of Emerald Expositions, a leading B2B exposition company, as well as the CEDIA Expo, CEPro, and Commercial Integrator media properties, announced its financial performance in the second quarter of fiscal 2023. While results were mixed with both increased revenues and increased losses, the company struck an optimistic tone, saying it is on track to generate $400 million in revenues and $100 million in “Adjusted” EBITDA (a measure of profits) in the current fiscal year.

See more on Emerald’s fiscal ’23 second quarter results

[Read more…] about Emerald Expo Shows Big Increases in 2nd Qtr of Fiscal ’23; Revenues Up 21%, Losses Up 1,057%

Filed Under: Financial, Management, News, Shows & Events Tagged With: David Doft, Emerald Expositions, Emerald Holding Inc., Herve Sedky, quarterly earnings

Savant Realigns Ops, Salesforce, & Pricing for Next Phase of Growth

August 3, 2023 by Ted 1 Comment

Savant president JC Murphy
JC Murphy, President of Savant, on Zoom call with Strata-gee

There has been a flurry of activity in the Savant ecosphere lately, much of it causing a buzz in the industry. Over the last few weeks, I’ve had several integrators reaching out to let me know about some of these changes. Not all felt they were positive and many questioned the motivations behind the moves. Accordingly, I reached out to Savant to see if I could get some insight into just what is going on. The company responded by making President JC Murphy available to update me on a few of their recent moves.

See what Savant’s JC Murphy told me about recent changes

[Read more…] about Savant Realigns Ops, Salesforce, & Pricing for Next Phase of Growth

Filed Under: Management, Manufacturers, News, Sales Reps, Strategy, Technology Tagged With: JC Murphy, restructuring, Savant

Nice Announces ‘Pivotal Changes’ in N.A. Operations to Drive Growth

August 2, 2023 by Ted Leave a Comment

Home page on the Nice website

Nice North America, part of the globally significant Nice S.p.A. of Italy, announced this week that it has implemented what it calls pivotal changes within its North American operations (U.S. and Canada) that it believes will “further boost growth and innovation.” It is the first major structural change here in the U.S. since Italy’s Nice acquired Nortek Security and Control from Melrose PLC back in October 2021.

See the changes Nice is making in North American Ops

[Read more…] about Nice Announces ‘Pivotal Changes’ in N.A. Operations to Drive Growth

Filed Under: Brands, Management, Manufacturers, News, Strategy Tagged With: Emanuel Bertolini, Luca Longhin, Nice North America, Roberto Griffa

AudioControl Residential Division Acquired by AVPro Global Holdings

August 1, 2023 by Ted Leave a Comment

Some AVPro Global products

BREAKING NEWS

This morning, AVPro Global Holdings, Inc., a maker of a wide variety of audio/video gear and services, announced it has acquired the residential division of AudioControl from AAMP Global. Like King Solomon, the move “splits the baby” in half along its logical business lines with AVPro Global taking over AudioControl’s residential division, while AAMP Global retains its mobile electronics business.

See more on the AudioControl acquisition by AVPro Global

[Read more…] about AudioControl Residential Division Acquired by AVPro Global Holdings

Filed Under: Brands, Financial, Management, Manufacturers, News, Pivot Point Tagged With: AudioControl, AVPro Global, Jeff Murray

Denon Launches Two New 8K AVRs w/3D Audio for Small to Midsize Spaces

July 26, 2023 by Ted Leave a Comment

Denon AVR-S770H audio/video receiver

Ignoring the Masimo noise swirling around them, portfolio brand Denon launches two new audio video receivers (AVRs) with impressive technology targeted for small-to-midsize spaces, such as dens, family rooms, home offices, and the like. With support for 8K video and 3D audio, these new models offer an unusual blend of performance and features at a moderate price making them perfect for alternative smaller format spaces needing a more modest cinema implementation.

Learn more about these new Denon AVR models

[Read more…] about Denon Launches Two New 8K AVRs w/3D Audio for Small to Midsize Spaces

Filed Under: Manufacturers, News, Products Tagged With: AVR, Denon

‘There is No Solace I Can Offer;’ VOXX CEO Announces 14% Cut in Jobs

July 25, 2023 by Ted Leave a Comment

VOXX letter to employees

In a letter to employees earlier this month, VOXX International Corp. (Nasdaq: VOXX) CEO Pat Lavelle painted a dark picture of the economic environment the company finds itself mired in, noting its significant sales declines and mounting losses. If you were a VOXX employee reading the opening phrases of this letter, I’m pretty certain a feeling of dread would sweep over you – sensing where this communication is heading.

And you would be right, as later in the correspondence, Lavelle reveals a plan to cut “more than 150 employees” along with a series of other steps to cut costs and lower overhead. And these cuts are on top of the job cuts the company has already implemented in 2022, as it tries again to right the ship.

See more on VOXX management’s missive to employees

[Read more…] about ‘There is No Solace I Can Offer;’ VOXX CEO Announces 14% Cut in Jobs

Filed Under: Financial, Management, Manufacturers, News Tagged With: layoffs, Pat Lavelle, Voxx International

Monster & CEO Noel Lee Get Beat Again; Award to Beats is ‘Final and Binding’

July 20, 2023 by Ted 7 Comments

A Monster slide extolling the creation of Beats
At CE Week in 2014, Monster takes credit for Beats by Dr. Dre

After Many Years & Many Appeals, This Might Be It

It was eight years ago – all the way back to January 2015 – when I first reported on what looked to be a pretty ugly legal action beginning between Monster, LLC and Beats Electronics, LLC. While the lawsuit filed by Monster took place in January 2015, the actions that led them to that point actually began much earlier than that, all the way back to 2011. And the relationship between the two significant CE brands actually began even further back to 2009, when the two came together to create Beats by Dr. Dre headphones, the wildly popular consumer headphone brand.

But when the relationship ended…it ended badly…

Learn more about this latest loss by Monster, to the benefit of Beats (Apple)

[Read more…] about Monster & CEO Noel Lee Get Beat Again; Award to Beats is ‘Final and Binding’

Filed Under: Law, News, Strategy Tagged With: Beats by Dr. Dre, Dr. Dre, HTC, Jimmy Iovine, litigation, Monster, Noel Lee, Paul Wachter

Josh.ai Pivots to Control

July 19, 2023 by Ted 1 Comment

Screen shot of the Josh App from Josh.ai

OK, let me say upfront, I’m pretty sure the good folks at Josh.ai would take exception to the headline of this post. They might even have some harsh words for me. Most likely, they would argue they’ve always been about control. But in my view, they’ve been all about a subset of control – voice control (as well as AI or artificial intelligence).

This week, however, that all changed.

See how Josh.ai is pivoting to full control

[Read more…] about Josh.ai Pivots to Control

Filed Under: Manufacturers, News, Products, Technology Tagged With: control system, home automation, Josh Micro, Josh.ai, smart home, voice control

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VOXX Int’l Announces Extension of CEO Lavelle’s Contract and Other Exec. Changes; Stock Drops

VOXX International Corporation [NASDAQ: VOXX] (VOXX Int'l) announced this … [Read More...] about VOXX Int’l Announces Extension of CEO Lavelle’s Contract and Other Exec. Changes; Stock Drops

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Ted Green Bio

A former dealer, manufacturer, distributor & more. Focusing on business strategy, my goal is to help you make better decisions for greater success.

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