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Sound United Acquired by Medical Products Maker Masimo Corp. in $1B Deal

February 16, 2022 by Ted 9 Comments

Masimo website home page
Masimo Corp’s website [Click to enlarge]

BREAKING NEWS

Sound United, LLC, one of the audio industry’s leading providers of high-quality branded electronics and loudspeaker products, announced late Wednesday that it is being acquired by Masimo Corporation, a global provider of medical products, in a deal valued at $1.025 billion. The two companies have entered into a definitive agreement in a transaction that is expected to close later in 2022.

See more on Masimo acquiring Sound United

[Read more…] about Sound United Acquired by Medical Products Maker Masimo Corp. in $1B Deal

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

Don’t Revamp Your Business for the Latest Fad Guru; Be Your Own Guru

February 10, 2022 by Ted Leave a Comment

business guru at a trade conference

GUEST POST: All It Takes is Common Sense to Improve Your Biz

Recently, an integrator I know goes to a trade conference. The principal hears a presentation on a new way to run his business, which is already generating a solid $5-6 Million in revenues. The presenter, a sort of business guru, is impressive and has authored a book.

This guru has a “system” he wants to sell you on…

[Read more…] about Don’t Revamp Your Business for the Latest Fad Guru; Be Your Own Guru

Filed Under: Financial, Integrators, Management, Manufacturers, Strategy Tagged With: best practices, Bob Brown, guru

Sony Forecasts a Record Profit; Says NOT Entering the Car Building Biz

February 3, 2022 by Ted Leave a Comment

New Financial Info Shows Sony Continues to Transform Biz

On the eve of closing out their current fiscal year (fiscal 2021) on March 30, 2022, Sony Group announced their latest financial results for the first nine months of the fiscal year…and included a surprising new upgrade of their forecast, now saying they’ll have a record operating profit for the year. This was a high note for the company, a company that has benefitted from consumers spending more time at home playing video games on their PlayStation, thanks to the COVID-19 pandemic.

But the company also answered the question that many – including me – had about Sony entering the automobile business via their new Sony Mobile division – and in so doing, reiterated their plan to move away from a hardware-centric business.

See more on where tech leader Sony is headed

[Read more…] about Sony Forecasts a Record Profit; Says NOT Entering the Car Building Biz

Filed Under: Asian Connection, Financial, Management, Manufacturers, News, Strategy Tagged With: COVID-19, Sony

Dave Nauber, Head of Classé for Nearly 20-Yrs, Leaves Company at End of March

February 2, 2022 by Ted 6 Comments

Dave Nauber - Sound United Director of Brand for Classe

BREAKING NEWS

In an internal email circulated to company employees on Monday, Joel Sietsema, Sound United’s Brand President of Marantz and Classé, announced a “change to the leadership structure of the Marantz and Classé organization.” That change is a big one – Dave Nauber, leader of the Classé brand for nearly 20-years, will be leaving the company at the end of March, “to pursue new opportunities.”

Read more about this change at the top of Classé

[Read more…] about Dave Nauber, Head of Classé for Nearly 20-Yrs, Leaves Company at End of March

Filed Under: Brands, Management, Manufacturers, News, People, Strategy Tagged With: classé, Classe, Dave Nauber, Joel Sietsema, Sound United

Snap One Acquires Canadian Distributor Staub Electronics

January 20, 2022 by Ted Leave a Comment

Snap One acquires Staub Electronics

Snap One announced on Thursday that it has acquired Staub Electronics, a distributor based in Canada who has been the Snap One distributor there for ten years as an independent entity. Snap One says this “strategic move” will “elevate [the] partner experience in Canada.”

See more on Snap One’s acquisition of Staub Electronics

[Read more…] about Snap One Acquires Canadian Distributor Staub Electronics

Filed Under: Distributors, Financial, Management, News, Strategy Tagged With: acquisition, Snap One, SnapAV, Staub Electronics

Samsung Sent Jets to Return 20 COVID-Infected Execs & Staff at CES 2022

January 18, 2022 by Ted 1 Comment

From CES 2022

How Many Infected at CES? CTA & NV Health Official’s Won’t Say

Multiple media outlets, including the venerable Reuters News Agency, are reporting that Samsung Electronics chartered two jets to return a total of 20 of their executives and staff who became infected with COVID-19 at CES 2022. In addition to this, South Korean health officials are reporting that a total of 70 Korean nationals – including the 20 Samsung employees – returned (or are trying to return) from CES infected by COVID.

Was CES 2022 an echo of the rumored CES 2020 super-spreader event?

[Read more…] about Samsung Sent Jets to Return 20 COVID-Infected Execs & Staff at CES 2022

Filed Under: Associations, Shows & Events, Strategy

CEDIA CIT Certification Awarded Global Accreditation

January 17, 2022 by Ted Leave a Comment

The Custom Electronic Design & Installation Association (CEDIA) announced today that its Cabling & Infrastructure Technician (CIT) Certification has received third-party accreditation which means that it conforms with the global ISO/IEC 17024:2012, General Requirements for Bodies Operating Certification of Persons standards. This is according to the ANSI National Accreditation Board (ANAB), a subsidiary of the American National Standards Institute (ANSI), which oversaw the process that determined the CIT Certification program fully conforms with ISO/IEC 17024 global standards.

See more on the CEDIA CIT accreditation…

[Read more…] about CEDIA CIT Certification Awarded Global Accreditation

Filed Under: Associations, Education, Integrators, News, Strategy, Training Tagged With: CEDIA, certification

ISE Postpones February Show Due to Rising Omicron Infections

January 13, 2022 by Ted Leave a Comment

Photo from ISE 2017

Taking Action to Prioritize Attendee Safety

Integrated Systems Europe (ISE), a popular custom integration trade show that takes place in Barcelona, Spain, announced this week that the show managers have decided to postpone the event from its originally scheduled run of February 1-4, 2022 to now May 10-13, 2022. The reason for the postponement is due to the rapid rise of Omicron-variant COVID-19 infections in Spain as well as its impact on international travel overall.

See more on the ISE decision to postpone the show…

[Read more…] about ISE Postpones February Show Due to Rising Omicron Infections

Filed Under: Associations, News, Shows & Events, Strategy Tagged With: AVIXA, CEDIA, Integrated Systems Europe, ISE, Mike Blackman

CES 2022 Forced to Remove Programs from Schedule in Wake of Cancellations

January 5, 2022 by Ted Leave a Comment

Day 1 of CES 2022 at the Venetian
Just before opening at the Venetian on Day 1 of CES 2022

Heading to CES 2022? Be sure to check the online version of the show schedule regularly, as Advertising Age (Ad Age) is reporting that CES has apparently removed “a slate of programs,” including several previously scheduled sessions and panels planned for Tuesday. The move is said to be a result of so many companies and executives canceling or otherwise pulling out of the show.

See the latest news on CES 2022

[Read more…] about CES 2022 Forced to Remove Programs from Schedule in Wake of Cancellations

Filed Under: Associations, Marketing, News, Shows & Events, Strategy Tagged With: CES, CES 2022, Consumer Electronics Show, Consumer Technology Association, COVID-19, CTA, Gary Shapiro, Omicron

CES Shortened by a Day as ‘An Additional Safety Measure’

December 31, 2021 by Ted Leave a Comment

Photo of CES show floor

BREAKING NEWS – Event Shortened Jan. 5-8, 7

Strata-gee readers reached out to me on late Friday as word circulated that the Consumer Technology Association (CTA) was taking the unusual step of cutting the Consumer Electronics Show (CES) short by one day “…as an additional safety measure.” That is essentially all that an announcement from the association says about this decision, which on the face of it seems to call into question the safety of attending the event at all.

See more on CES being shortened by one day

[Read more…] about CES Shortened by a Day as ‘An Additional Safety Measure’

Filed Under: Associations, Shows & Events, Strategy Tagged With: CES, Consumer Electronics Show, Consumer Technology Association, COVID, COVID-19, CTA, Gary Shapiro

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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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