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You are here: Home / Archives for Strategy

Strategy

D-Day Arrives; Control4 Integrators Begin Turning Clients over to Snap One

April 24, 2024 by Ted Leave a Comment

On Tuesday this week, a previously announced program being offered by Snap One – now Resideo – has begun. This program, called Control4 Connect, is a mandatory program that requires all integrators to connect all new client installations of Control4 products directly to Snap One’s central station for future software updates and data collection.

It is a new kind of transactional connection that establishes a direct relationship with the client for direct-to-user system updates and base-level client support supplied – not by the local integrator – but by Control4 support.

See more on this new industry scheme

[Read more…] about D-Day Arrives; Control4 Integrators Begin Turning Clients over to Snap One

Filed Under: Brands, Dealers, Integrators, Management, Manufacturers, News, Strategy Tagged With: John Heyman, Resideo, SaaS, Snap One

Security Company Resideo Acquires Snap One in $1.4B Transaction

April 15, 2024 by Ted 2 Comments

Resideo acquires Snap One

Will Merging Two Stagnant Businesses Reignite Growth?

This morning we learned that Snap One Holdings, Corp. (Nasdaq: SNPO) has been acquired by large security provider Resideo Technologies, Inc. (NYSE: REZI) and private equity company Clayton, Dubilier & Rice (CD&R) in a $1.4 billion deal. If you aren’t familiar with the Resideo name, you may know them by ADI, their distribution wing.

The deal is expected to close in the second half of 2024.

See more on Resideo / ADI / CD&R acquiring Snap One

[Read more…] about Security Company Resideo Acquires Snap One in $1.4B Transaction

Filed Under: Financial, News, Strategy Tagged With: ADI, Jay Geldmacher, John Heyman, Resideo, Snap One, Tom Surran, Tony Trunzo

Masimo Management Slaps Politan & Koffey Back; Decries ‘False Claims’

April 2, 2024 by Ted Leave a Comment

Masimo logo

In a Dispute About Sound United, The Parties Don’t Sound United

Masimo Corporation (Nasdaq: MASI) announced on Monday that it could confirm that activist investment group Politan Capital Management – whose founder and Chief Investment Officer is Quentin Koffey – has provided it with notice of its intent to nominate two candidates to stand for election to the company’s Board of Directors at its upcoming 2024 Annual Meeting. This action by Politan, management says, “run[s] counter to the stockholders’ best interests…”

Oh-oh…the knives are coming out…

See more on Masimo’s response to Politan and Koffey

[Read more…] about Masimo Management Slaps Politan & Koffey Back; Decries ‘False Claims’

Filed Under: Financial, Strategy Tagged With: Joe Kiani, Masimo, Masimo Consumer, Politan Capital Management, Quentin Koffey

Masimo Drama Intensifies as Activist Investor Nominates 2 More Directors

March 26, 2024 by Ted Leave a Comment

Politan’s Koffey Makes Move to Seize Control of Company

One business day after Masimo Corp. [Nasdaq: MASI] announced plans for a spin-off of its Consumer division, the business unit formed by the acquisition of Sound United, activist investor Politan Capital Management and its CIO Quentin Koffey – a current Masimo Director – announced the nomination of two more independent director candidates for the Board of Directors. In a statement accompanying the announcement, Koffey takes the gloves off alleging Board dysfunction, uncooperative management, and says Kiani’s desire for control “is troubling.”

Pop a fresh bowl of popcorn and settle into a comfortable chair…things are getting pretty interesting in this story of escalating boardroom and management drama.

See more on the rising drama at Masimo

[Read more…] about Masimo Drama Intensifies as Activist Investor Nominates 2 More Directors

Filed Under: Financial, News, Strategy Tagged With: Joe Kiani, Masimo, Politan Capital Management, Quentin Koffey

Masimo Board ‘Authorizes’ Management to Prepare Spin-Off of Consumer Unit

March 22, 2024 by Ted 12 Comments

BREAKING NEWS

Masimo home page

In a release distributed late in the day on Friday after the close of financial markets, Masimo announced that the Board of Directors has “authorized” company management to prepare a spin-off of the company’s Consumer Business. Masimo Consumer is the business unit created when the company acquired Sound United in early 2022.

See more on Masimo spinning off the Consumer division

[Read more…] about Masimo Board ‘Authorizes’ Management to Prepare Spin-Off of Consumer Unit

Filed Under: Financial, Management, Manufacturers, Strategy Tagged With: Masimo, Sound United

Parasound CEO: Making Progress, But Wait Until You See What’s Coming

March 20, 2024 by Ted Leave a Comment

Title slide for Parasound Town Hall meeting

Company has Moved Its Headquarters to Las Vegas

Recently, Parasound conducted another online Town Hall meeting for dealers interested in learning more about the brand’s progress under the leadership of new owner, CEO David Sheriff. Held via Microsoft Teams on a recent Saturday to facilitate participation, it lasted an impressive 1¾ hours long with the majority of all participant questions answered.

See what CEO David Sheriff shared with Town Hall participants

[Read more…] about Parasound CEO: Making Progress, But Wait Until You See What’s Coming

Filed Under: Management, Manufacturers, News, Strategy Tagged With: David Sheriff, Parasound

AudioControl Acquisition by AVPro Global – Seven Months Later

March 8, 2024 by Ted 1 Comment

It has been a bit of a rollercoaster ride for everyone at AudioControl over the last couple of years. The company, a leading specialty manufacturer of integrator-focused, high-quality audio electronics, has had three different owners in the last two years. Have they finally found their new home?

See my update on the AVPro Global acquisition of AudioControl

[Read more…] about AudioControl Acquisition by AVPro Global – Seven Months Later

Filed Under: Brands, Management, Manufacturers, Strategy Tagged With: acquisition, AudioControl, AVPro Global

Walmart to Acquire Vizio for $2.3B; Here’s Why This Deal is Significant

February 21, 2024 by Ted Leave a Comment

Walmart is acquiring Vizio

Walmart announced Tuesday that it has agreed to acquire Vizio, the high-value TV maker, for $11.50/share in an all-cash deal worth a total of $2.3 billion. Walmart announced the acquisition as part of its highly positive and optimistic presentation of the retailer’s fourth-quarter earnings. Walmart stock popped on the earnings report, more encouraged by its forward optimism of more growth rather than on the acquisition itself.

But Walmart plans to have this acquisition drive profit growth going forward.

Learn more on Walmart acquiring Vizio, including what is significant about it

[Read more…] about Walmart to Acquire Vizio for $2.3B; Here’s Why This Deal is Significant

Filed Under: Manufacturers, Media, News, Retailers, Strategy Tagged With: advertising, media, Vizio, Walmart

Savant & GE Appliances Partner in Revolutionary ‘EcoBalance’ Home Energy Solution

February 15, 2024 by Ted Leave a Comment

Conceptual image of home using EcoBalance System from Savant & GE Appliances

GE Appliances and Savant Systems announced today that they are partnering in the launching of an innovative new home energy solution they call the EcoBalance System. The goal of this system is to offer the residential market a “whole-home, connected solution” that delivers the ability for consumers to take full control of energy delivery and utilization in their homes for unparalleled energy efficiency and management.

Learn more about the GE Appliances and Savant EcoBalance solution

[Read more…] about Savant & GE Appliances Partner in Revolutionary ‘EcoBalance’ Home Energy Solution

Filed Under: Brands, Energy/Ecosystem, Manufacturers, News, Strategy, Technology Tagged With: Bob Madonna, GE Appliances, GE Lighting, Savant Power, Savant Systems

Portal Inks Deals with Snap One & Sonos to Offer Proposal Software to Dealers for Free

February 15, 2024 by Ted Leave a Comment

Portal website home page with Snap One and Sonos logos

Portal, one of the custom integration industry’s most popular AV proposal & design software solutions used by thousands of custom integrators every day, has announced that they have struck a deal with two industry powerhouse brands – Snap One and Sonos – who will make the software available to their respective integration dealer bases. Both brands will underwrite the full monthly subscription cost for their dealers in an effort to help those integrators raise their level of professionalism, improve the efficiency of their operations, and increase their deal closing rates.

See more on the Portal program with both Sonos and Snap One

[Read more…] about Portal Inks Deals with Snap One & Sonos to Offer Proposal Software to Dealers for Free

Filed Under: Management, Manufacturers, News, Strategy Tagged With: Portal, proposal software, Snap One, Sonos

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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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