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You are here: Home / Archives for News

News

EXCLUSIVE: Strata-gee Tours James Loudspeaker’s New Nevada Factory

August 15, 2019 by Ted 2 Comments

Newer, Bigger, More Efficient, Higher Output

James Loudspeakers new Minden, NV factory and headquarters
Main Entrance: James Loudspeaker’s new Minden, NV factory & headquarters

It was like my Uber car was actually a time machine. After landing in Reno, Nevada, my Uber driver – an eccentric older fellow who is both a ride-share driver and a real estate agent – demonstrated an uncommon grasp of the local geography and history. Heading south on I-580 out of Reno there was a dramatic ridge of mountains to my right and a nonstop running monologue from my old-West style stagecoach driver: “Those are the Sierra-Nevada Mountains,” he helpfully offered. And on the left…the high desert.

This was going to be an adventure…

[Read more…] about EXCLUSIVE: Strata-gee Tours James Loudspeaker’s New Nevada Factory

Filed Under: Manufacturers, News Tagged With: factory, James Loudspeaker, Mark Schafle, Mike Park

Sonos/IKEA Partnership Delivers SYMFONISK Lamp Speaker & Shelf Speaker

August 2, 2019 by Ted Leave a Comment

Symfonisk table lamp/speaker combo unit from IKEA and Sonos
IKEA and Sonos want homeowners to both see and hear the light [Click to enlarge]

Formally announced back in April, Sonos has collaborated with IKEA on a line of products for which it has great expectations. The first products of this collaboration – a table lamp with speaker built-in, and a thin bookshelf speaker that sits on a shelf and LOOKS LIKE a book…are finally now available. Will IKEA fans turn out in droves to buy these new models?

See the Sonos lamp & shelf speaker at IKEA…

[Read more…] about Sonos/IKEA Partnership Delivers SYMFONISK Lamp Speaker & Shelf Speaker

Filed Under: Brands, News, Products, Retailers Tagged With: Sonos, Symfonisk

Sex and the CES Attendee

July 29, 2019 by Ted Leave a Comment

CES logo

Only six months to go and word has emerged that the Consumer Technology Association – the trade group behind the annual Consumer Electronics show – has proactively taken steps to avoid repeating the mistakes that caused them to endure a plethora of embarrassing headlines last year. The controversy, a self-inflicted wound, surrounded the Association’s awarding – then rescinding – of a CES 2019 Innovation Award…and retroactive cancellation of booth space for that company. The news dominated the early headlines during the January 2019 event…mostly because the matter involved sex.

See how CTA got in trouble & hopes to avoid it this year…

[Read more…] about Sex and the CES Attendee

Filed Under: Associations, Industry Trends, Management, Marketing, News, People, Products, Tech Trends Tagged With: Lora DiCarlo, Lora Haddock, personal health, sex tech, wellness

More Mixed Signals from Housing – Starts Down, Sales Up

July 26, 2019 by Ted Leave a Comment

Housing - Photo of newly constructed home

In the choppy waters of today’s current economy, we continue to get mixed signals – this time from the housing market. Last week, we learned that residential construction starts declined in June by 0.9% below the rate in May. This week, we find that sales of newly built homes in June increased by 7% as compared to sales in May.

What should we make of developments in housing?…

[Read more…] about More Mixed Signals from Housing – Starts Down, Sales Up

Filed Under: Economic Trends, News, Statistics Tagged With: housing, housing starts, new home sales, residential construction

LG Adds Apple AirPlay 2 & HomeKit to Select TVs

July 24, 2019 by Ted Leave a Comment

Says It’s the First Global TV Maker to Support HomeKit

LG adds Apple AirPlay 2 and HomeKit to Thinq AI TVs

LG Electronics announced today that starting tomorrow Apple AirPlay and HomeKit will be available on its 2019 Thinq AI TV line. The company says this makes them the first global television manufacturer to support HomeKit.

See more on LG offering Apple HomeKit on its TVs…

[Read more…] about LG Adds Apple AirPlay 2 & HomeKit to Select TVs

Filed Under: Manufacturers, News, Products, Tech Trends Tagged With: AirPlay 2, Apple, HomeKit, LG, OLED, smart home

U.S. No Longer Global Biz Leader, There’s a New #1 – China

July 24, 2019 by Ted 6 Comments

China leads the world as suggested by this photo of Chinese petrochemical workers

Fortune just published its latest Global 500 ranking of the top companies in the world – and the results this year are earth-shaking. For the first time ever, since this list was launched in 1990, another country has more companies on the list of top companies than the U.S. And the bad news for the White House is that new #1 is China, the country with which it is currently in the midst of a high stakes trade war.

See how China has surpassed the U.S. in global top companies…

[Read more…] about U.S. No Longer Global Biz Leader, There’s a New #1 – China

Filed Under: Asian Connection, News, Research, Statistics Tagged With: artificial intelligence, autonomous car, China, global, quantum computing, robotics, U.S.

Did Control4 Just Try to End-Run Multiple Shareholder Lawsuits?

July 22, 2019 by Ted Leave a Comment

Photo of Martin Plaehn, CEO of Control4

As Strata-gee recently reported, there are currently seven active lawsuits that have been filed against Control4 and their Board of Directors in the wake of their acquisition by SnapAV. In a new DEFA14A filing with the Securities and Exchange Commission last Friday, the company addresses the issue of these lawsuits – saying that they are going to fight them. But then they do something very curious – they file an amendment to their original Schedule 14A filing, their Proxy Statement, with added information that appears to add missing material in response to allegations in the lawsuits filed against them.

Is Control4 trying to end-run the litigation just days before shareholders vote? See more below…

[Read more…] about Did Control4 Just Try to End-Run Multiple Shareholder Lawsuits?

Filed Under: Brands, Financial, Law, Management, News Tagged With: acquisition, Control4, Hellman & Friedman, lawsuit, litigation, Martin Plaehn, SEC, Securities and Exchange Commission, SnapAV

Control4 Hit With Another Class Action Lawsuit by Shareholders

July 22, 2019 by Ted Leave a Comment

Control4 logo

The Control4 Corporation has been hit with another class action lawsuit filed on behalf of all shareholders of their stock in connection with their acquisition by Wirepath Home Systems, LLC – better known as SnapAV. Filed by the law firm of Rigrodsky & Long, P.A., the lawsuit alleges certain violations of Securities Exchange Act of 1934 and names both Control4 and its Board of Directors as defendants.

See more on this litigation against Control4…

[Read more…] about Control4 Hit With Another Class Action Lawsuit by Shareholders

Filed Under: Financial, Law, News Tagged With: acquisition, Control4, lawsuit, litigation, SnapAV, Wirepath Home Systems

SnapAV Continues to Grow Their Physical Footprint, Buys Custom Plus

July 18, 2019 by Ted 1 Comment

SnapAV logo

SnapAV announced this afternoon that they have acquired Custom Plus Distributing, a regional distributor that started in the Pacific Northwest and expanded into California. This is the fourth acquisition by the company who seeks to grow their physical distribution footprint to better serve their customers in local markets.

See more on this new acquisition by SnapAV…

[Read more…] about SnapAV Continues to Grow Their Physical Footprint, Buys Custom Plus

Filed Under: Brands, Distributors, Integrators, News, Strategy Tagged With: acquisition, AVAD, Custom Plus Distributing, SnapAV, WAVE Electronics

SnapAV Slammed with Credit Downgrade by Moody’s

July 18, 2019 by Ted Leave a Comment

SnapAV logo

Credit rating agency Moody’s Investors Service has downgraded the credit rating of Wirepath LLC (corporate name of SnapAV) from B2 to B3 in the wake of their announced acquisition of Control4. The primary reason for the downgrade is due to the fact that SnapAV will be forced to increase their debt by an additional $390 million to a new high of $683 million in order to close on this acquisition.

See more on SnapAV’s credit downgrade…

[Read more…] about SnapAV Slammed with Credit Downgrade by Moody’s

Filed Under: Brands, Distributors, Financial, Integrators, Manufacturers, News, Retailers, Strategy Tagged With: acquisition, Control4, credit, credit rating, debt, SnapAV

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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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