Strategy in TECH...
Canada’s The Lenbrook Group announced today that it has spun off its digital media and content-related businesses as a separate unit, independent of its hardware brands. The new unit will be known as The Lenbrook Media Group and is to be headed by former MQA Ltd. CEO Mike Jbara.
A new study on corporate return-to-office (RTO) plans shows that 8 in 10 companies say they will track employee office attendance in 2024. The survey also found that those who fail to follow company policy on in-office attendance will face negative consequences for not complying.
Wow! It’s crazy that 2023 is now just about behind us, and what a dramatic and dynamic year it was! What were the key themes of the year? At the beginning of the year, I think most would say their greatest concern was the economy and their least concern was the tech industry. Yet the year turned out to be almost the exact opposite of that.
The amount of activity coming out of the Nationwide Marketing Group is pretty mind-blowing with a lot of moving pieces as its multiple operating divisions are each executing on its part of the overall organization’s “Drive to 1,000” member growth program. Today, Nationwide announced that its newest venture, the Ellipsys Commercial Technology Group, has added two more “founding vendor partners,” both well-known and highly valued brands within the commercial community.
Azione Unlimited, a leading buying group of custom integrators that calls itself the Smart Home Association, has for years been recognized as a leading provider of compelling education and knowledge sharing for its member companies. Now, the organization announces a reinvention of the education process that they call the Dynamic Education Ecosystem.
Upscale Distribution, a distributor of high-end, high-fidelity audio components that originated in association with Southern California retailer Upscale Audio, has announced that it is rebranding as Harmonia Distribution. The new brand is not just a new name, but rather a reflection of a changed mission and new, more independent direction for the company.
As part of this new business model, the company has named a new president who will guide the Harmonia Distribution down this new path.
Nationwide Marketing Group’s Oasys Residential Technology Group division reported this week that its membership has grown “over 100%” in 2023, a remarkable achievement in a relatively short period of time. It also propels the overall organization towards its publicly stated goal of achieving a total of at least 1,000 custom integration members across its three brands as part of its “Drive to 1,000,” first announced in March this year.
Darren Myers doesn’t look like your typical audio electronics engineer. He also doesn’t sound like a typical audio engineer. A young guy with fresh ideas…maybe they make sense, maybe they don’t…I had an unusual, thought-provoking, and even at times surprising conversation with Darren Myers, Parasound’s Vice President of Research and Development.
See what Myers thinks about the revitalization of Parasound and what he believes is an exciting and expanding future for the entire high end audio industry.
Draper, Inc. announced this week that it has added a new 100,000 sq. ft. building to its campus in Spiceland, Indiana. This is its tenth building and this addition brings the company’s total footprint in Spiceland to no less than 500,000 sq. ft.
In a shocking twist to a long-running patent battle, U.S. District Court Judge William H Alsup declared Sonos’ ‘966 and ‘885 patents at trial are unenforceable and invalid effectively countermanding a jury decision on behalf of Sonos and a royalty award of $32.5 million. Furthermore, the judge’s order suggests that Sonos abused the patent system by attempting to use it to “punish an innovator” and to “enrich a[n] [innovation] pretender.”
