Strategy in TECH...
Copious numbers of jet planes have made, and are still making their way to Dallas, each carrying within their fully-loaded bellies, hoards of passengers on their annual pilgrimage to the Mecca of technology – the event formerly known as Expo, now known simply as CEDIA 2016.
This morning, the Custom Electronic Design & Installation Association (CEDIA) announced that CEDIA EMEA and CEDIA headquarters in the U.S. has been completely “integrated” and is now one entity in whole. The news will be a huge surprise to some, and a point of confusion for others, as not many people understood the relationship between the two organizations. CEDIA EMEA, formerly CEDIA UK, is in fact an independent organization that licenses the rights to use the CEDIA name in Europe.
Now, things have changed.
Despite Crestron’s announcement earlier this year that they will exit the CEDIA show, Strata-gee has confirmed with CEDIA that Crestron Electronics, Inc. will in fact be exhibiting at this year’s CEDIA 2016 next week in Dallas, TX. Crestron will be exhibiting in booth 2510, a booth that they are sharing with Amazon Alexa.
In a letter to dealers sent Thursday evening, Kaleidescape CEO Cheena Srinivasan says the company is back in business, but in a leaner, lower overhead way. The news, which the industry rumor mill was buzzing about all day Thursday, is a bit of a surprise considering the company was completely shut down just a couple of weeks ago.
News comes out of Japan that the new owners of Sharp are in the process of buying back a building the old management sold off when seeking to improve profitability by reducing overhead. Now, new management – made up of former Foxconn executives – are doing an about-face and looking to repurchase the building, in a move that has Japanese media scratching their heads.
Sonos surprised the industry this week with several announcements, some of which were directly targeted at the custom integration market just two weeks before the launch of the CEDIA 2016 show. But one announcement didn’t surprise us – we first told you about it a month ago when we revealed that we had learned that after announcing they were pulling out of the show, Crestron was back…in partnership with none other than Sonos.
AudioControl announced last week that it was launching an all-new program called the Sound Partners Program. But this isn’t just a new program…it’s a unique concept in speaker/amplifier integration.
Sharp Corp., a division of Taiwan’s Hon Hai Precision Industry Co. – better known as Foxconn – is rethinking its previously determined plans for business success. As the company was struggling with financial hardships prior to the closing of their acquisition by Foxconn, Sharp made several cost cutting moves, including selling the North American and Europe rights to the Sharp TV brand to certain OEM manufacturers. Now, as they ponder how to drive revenue growth, there are reports they are changing their minds on these and other deals.
SupplyStream, the online aggregator of industry brands and products data, announced today that it has decided to change its name and business model in a move that they say will more properly align their branding with the reality of their business activities. The change takes place immediately.
As we recently told you, Russound has announced that it would be launching a line of 70-volt products designed to facilitate integrators’ entry into the commercial market. Now the company has released more details on just what their 70-volt offerings will include – and it appears to be a solid first step into the more commercial business.
