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Oasys Summit 2024: ‘What a Difference a Year Makes!’

May 10, 2024 by Ted Leave a Comment

Hank Alexander, Oasys Executive Director

Earlier this month, folks from all over the country made a trek to Austin, Texas to participate in the Oasys Summit 2024. I was one of them. Only the second such gathering for the newly launched group, it was with great anticipation I joined them in Austin for great music, great food, and really fun and quirky pubs (do they call them pubs in Texas?)

But mostly, I joined them for an incredible industry conference that seemed particularly poignant as the young group feels very much like a true start-up, whose participants really bonded over great conversation, best practice sharing, savvy education from top industry experts, smart impactful keynote speakers, and the forging of iron-clad new friendships.

Learn more about Oasys Summit 2024

[Read more…] about Oasys Summit 2024: ‘What a Difference a Year Makes!’

Filed Under: Buying Groups, Shows & Events Tagged With: Hank Alexander, Nationwide Marketing Group, Oasys

Masimo Announces Double-Digit Drop in Revenues & Profits; Reveals Spin-Off Plans

May 9, 2024 by Ted 2 Comments

Masimo headquarters

Company Reveals Initial Plans for Spinning off Sound United Biz

Masimo Corporation (Nasdaq: MASI), yet another company in Tech that reported their financial results for the first quarter of Fiscal 2024 after the close of business on Tuesday, revealed that both revenues and profits had declined double-digit percentages in the quarter. What was remarkable about this result is that Masimo CEO Joe Kiani said in a statement in the release about the Q1 results that the company is “reaching a steady state.”

Investors apparently didn’t see it that way, as shares in MASI stock dropped almost 12% on Wednesday, the next trading day after the announcement.

See more on the Masimo Q1, Fiscal 2024 report

[Read more…] about Masimo Announces Double-Digit Drop in Revenues & Profits; Reveals Spin-Off Plans

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

Snap One Reports Results for Q1 of Fiscal 2024; Old Themes Continue

May 8, 2024 by Ted Leave a Comment

Snap One booth at CEDIA Expo 2023

Snap One Holdings Corp, soon to be part of Resideo Technologies’ ADI distribution business, reported their financial performance for the first quarter of Fiscal 2024 yesterday. In the wash, it looks much like its other recent quarterly reports – sales decline, losses increase, sales shift from its own proprietary brands to third-party brands, etc. But a couple of things did change, starting with my assessment that much less effort than usual was expended in creating this pretty thin report than is typical for them…there isn’t even a quote from CEO John Heyman or anyone in management…and the company even chose not to hold an earnings conference call with analysts as they typically do every quarter.

I suspect that this is due to the fact that the entire company – and its investors – are simply waiting for the new owners to take over.

See more on the Snap One Q1 Fiscal 2024 financial results

[Read more…] about Snap One Reports Results for Q1 of Fiscal 2024; Old Themes Continue

Filed Under: Financial, Management, Manufacturers Tagged With: Resideo, Snap One

Emerald Reports Fiscal Q1 2024 Results; All Good, Except for One Unit

May 7, 2024 by Ted Leave a Comment

Emerald Holding title slide

On Tuesday, Emerald Holding, Inc. [NYSE: EEX], aka Emerald Expositions, a national B2B tradeshow company, reported its financial results for the First Quarter of Fiscal 2024. Emerald, as most Strata-gee readers know, is the owner of the CEDIA Expo show, the Total Tech Summit show, and various publishing entities like CE Pro, Custom Integrator and more.

The consolidated results looked pretty good, but one business unit was a decided under-performer. Can you guess which one? Read on…

See what division under-performed in the Q1 fiscal 2024 report from Emerald

[Read more…] about Emerald Reports Fiscal Q1 2024 Results; All Good, Except for One Unit

Filed Under: Financial, Management, Media Tagged With: CEDIA Expo, CEPro, Commercial Integrator, Emerald Expo, Total Tech Summit

2024 CI Expo Brings the Latest Tech to N. Cal Integrators for the 15th Time

May 3, 2024 by Ted 2 Comments

Photo from a past CI Expo

One of the longest-running custom integration technology events, the Northern California Technology Conference, known as the CI Expo, will hold its 15th annual dealer show this month at the Hilton Oakland Airport on May 30th. An early proponent of knowledge sharing and bringing the technology to you, this event is free for integrators. You can’t get a better deal than that!

See more on the 2024 CI Expo

[Read more…] about 2024 CI Expo Brings the Latest Tech to N. Cal Integrators for the 15th Time

Filed Under: Distributors, Integrators, Sales Reps, Shows & Events Tagged With: CI Expo

Josh.ai Goes on Offense, Fires Off Motion to Dismiss Much of Snap One Lawsuit

May 2, 2024 by Ted Leave a Comment

Graphic with Snap One, Josh.ai, and AVA logos

In the matter of Snap One, LLC v. AVA, Inc, and Josh.ai, Inc., we finally see a substantive move after the initial filing by plaintiff Snap One and subsequent answers from the defendants AVA and Josh.ai. And that subsequent move is a doozy – Josh.ai has gone on offense and filed a motion to dismiss multiple major claims in the Snap One lawsuit.

Josh.ai’s filing is well written and puts Snap One on defense, forcing them to submit genuine facts and evidence to support their many claims, including a few allegations that were really quite salacious.

See more on Josh.ai’s Motion to Dismiss putting Snap One on defense

[Read more…] about Josh.ai Goes on Offense, Fires Off Motion to Dismiss Much of Snap One Lawsuit

Filed Under: Law Tagged With: AVA, Josh.ai, patent infringement, Snap One

Emerging Player Trident Announces New Taurus Z-Wave Series Chip

April 30, 2024 by Ted Leave a Comment

The Trident IoT website, maker of the Taurus Z-Wave chips

Trident IoT, a relatively new company founded by a group of industry veterans with extensive experience behind them (“over a century of industry knowledge” according to the company), announced this week that it is launching a new series of chips that it says will decrease the time-to-market for connected device manufacturers. This new series of chips is the Taurus Z-Wave Series.

But just what is the Taurus chip all about?

Learn more about the Trident Taurus Z-Wave Series Chips

[Read more…] about Emerging Player Trident Announces New Taurus Z-Wave Series Chip

Filed Under: Technology Tagged With: Trident IoT, Z-Wave

DTC Brands OSD Audio and Outlaw Audio Settle All Litigation; OSD Sues Homni

April 25, 2024 by Ted Leave a Comment

OSD Audio website

Santos Electronics Inc., dba OSD Audio, and Outlaw Audio LLC – both direct-to-consumer (DTC) brands – have settled all claims between them in their dueling lawsuits that began back in 2022, according to court filings from earlier this year. In that order from the court, I learned that the entire action was dismissed “with prejudice” – meaning it cannot ever be revised or otherwise litigated again (on these issues).

See more on the end of OSD Audio v. Outlaw Audio, and vice versa

[Read more…] about DTC Brands OSD Audio and Outlaw Audio Settle All Litigation; OSD Sues Homni

Filed Under: Law Tagged With: Dave Chai, Jonathan Lederman, lawsuit, OSD Audio, Outlaw Audio

Throwing Shade – Jury Finds Lutron Guilty of Infringement; Owes J. Geiger $34.6M

April 25, 2024 by Ted Leave a Comment

J. Geiger Shades, a related company to GeigTech, the design was copied by Lutron, the fury says

A Federal jury in the U.S. District Court for the Southern District of New York delivered a verdict against Lutron Electronics Co., finding that it had infringed on a window shade patent held by GeigTech East Bay, a South Carolina company. The jury awarded GeigTech $34.6 million in damages for Lutron’s infringement, a figure that Lutron called “grossly excessive.”

Learn more about Lutron losing to GeigTech

[Read more…] about Throwing Shade – Jury Finds Lutron Guilty of Infringement; Owes J. Geiger $34.6M

Filed Under: Law, News, Technology Tagged With: GeigTech, J. Geiger, Lutron, Savant

Draper at Home Appoints National Director for Custom Integration

April 24, 2024 by Ted Leave a Comment

Tabitha Quick, new National Director of CI for Draper at Home

Draper at Home, a division of Draper, Inc., announced this week that it has appointed a National Director of CI (custom integration), a new role at the company. The company said it created the new position in response to the continuing growth in Draper’s custom integration business.

Learn more about this new role for Draper at Home

[Read more…] about Draper at Home Appoints National Director for Custom Integration

Filed Under: People Tagged With: Draper at Home, shades, Tabitha Quick

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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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