Strategy in TECH...
At times during CE Week 2014 we felt as though we were caught in some kind of a clash of the unknown Greek gods – Atmos vs. Heos. In one corner – Pioneer and Onkyo announced, displayed, and demonstrated the all-new 7+ channel Dolby Atmos surround sound systems…with a fair amount of fanfare. In the other corner, calmly confident Denon executives showed HEOS, the company’s new wireless multi-room Sonos-killing (they hope) system. Who would win the day???
Heading to the train station at 6:15am Wednesday morning, I exited my air-conditioned home and was immediately slapped across the face with so much humidity my glasses instantly fogged up – momentarily blinding me. And although it was still somewhat cool this early in the morning, the sun rays made it clear we’d be headed into the mid- to upper 80s in just a few short hours. Here we go again, I told myself. Welcome to another hot, humid, sweaty June in New York. Must be time for CE Week.
[Read more…] about CE Week: An Odd, Undefined Show Actually Surprises This Year
Regular readers of Strata-gee know that we have recently covered news of layoffs and distribution changes by Velodyne – a long-time specialty industry player. Although we had made many attempts to get the company to comment prior to our posting of these stories, we were told that no company executives were available at that time.
However, the day after our second story appeared, we heard from Velodyne’s press representative who said the company’s President was now available to speak with us about what is going on at Velodyne.
We first told you about Pioneer’s plans to sell off their struggling AV division just last month in a SYNCH Breaking News exclusive. Now word comes out of Japan as to the identity of the buyer for this business – a group that includes a private equity company and Onkyo.
Our company has, indeed, stumbled onto some of its new products. But never forget that you can only stumble if you are moving.
Richard P. Carlton, Former CEO, 3M Corporation
The HDBaseT Alliance, an organization formed to promote the HDBaseT technology and grow its market, announced today that Sony Corporation will join the group as a Contributor member. One of their biggest “gets” yet, Sony is said to be introducing new energy-efficient HD projectors with the HDBaseT functionality.
Power protection manufacturer SurgeX announced today that Jimmy Paschke, former Core Brands Director of CI, has joined the company as its new Southern Regional Sales Manager. The appointment is effective immediately.
Harman International Industries, Inc. announced today that is has acquired St. Louis-based Yurbuds, LLC., a manufacturer of headphones. Terms of the transaction were not disclosed. The acquisition seems surprising, given the fact that Harman already owns brands such as JBL and AKG that already offer headphones.
Just one day after we reported on layoffs at Velodyne’s audio division, we received word from the company that it is authorizing the Powerhouse Alliance, a national group of distributors, for its line of subwoofers. The agreement will make Velodyne subwoofers available to Powerhouse Alliances’ nationwide network of retailers and installers.
Multiple sources are reporting that Velodyne Acoustics, Inc. – a once high-flying specialty subwoofer manufacturer – has had a significant layoff in its audio division last week as the company seeks to redeploy its resources full-scale behind its LIDAR business. The company, which is driven by its enigmatic founder, David Hall, is betting its future (betting the farm, some would say) on its LIDAR technology which is used in self-driving vehicles (such as Google’s).
