Kicking off their first ever virtual dealer event called Snap Pro Live, SnapAV unleashes a broad array of new products covering their wide gamut of product and service segments. Snap Pro Live runs for three days and kicked off today (Tuesday) afternoon with a keynote from CEO John Heyman – and this major product launch.
Event season is upon us, as evidenced by the two major events that took place last week – CEDIA Expo Virtual 2020 and Crestron NEXT. This year, thanks to COVID-19, these normally in-person events took place in the digital domain as virtual events. And the next big show that integrators are going to want to watch for – which will also be a virtual event – is the upcoming Snap Pro Live being produced by industry powerhouse SnapAV.
See more on Snap Pro Live from SnapAV…[Read more…] about Next Big Virtual Event to Watch For: Snap Pro Live from SnapAV
SnapAV announced today that it has engineered an all-new version of their popular OvrC remote monitoring and management system (RMM). This new version, launched in the wake of their acquisition of Control4 last year with its competitive Pakedge networking, as well as BakPak and Ihiji remote monitoring solutions, is said to combine the best of all of these systems.
SnapAV says OvrC is their ‘platform of the future.’ See more…[Read more…] about SnapAV Launches New Remote Monitoring Platform Integrating the Best of OvrC, BakPak¹ & Ihiji
As we hurtle headlong into the a new decade – the 2020s – it’s a good time to pause and take stock of some of the major events of our industry’s recent history by ranking the Top 10 Strata-gee stories of 2019 based on total page views. This ranking shows just what stories drew the most attention of Strata-gee’s eminently intelligent and inquisitive readers.
See which 2019 Strata-gee stories were tops with readers…[Read more…] about Reader’s Choice: The Top 10 Strata-gee Stories of 2019
That’s a Good Question **STORY UPDATED**
A funny thing happened this year at the 2019 CEDIA Expo…everyone I ran into kept asking me the same thing – what is the big story from the show? What’s funny is that I asked them the same question. Even when I ran into other members of the media…we often queried each other. Most kind of shrugged and would mention an item or two, but nothing that represented a major theme of the event.
However, there is an answer I came up with, but I’m not sure its the best answer…
See the “big” story from Expo 2019 and an update at the * below…[Read more…] about What Was the Big Story from the 2019 CEDIA Expo?
Strata-gee Interviews SnapAV’s John Heyman & Charlie Kindel
The industry is still adjusting to the new normal of SnapAV combining with Control4…even as it continues to gobble up more local distributors and talk about their e-commerce prowess. It can get a little confusing. Is SnapAV a manufacturer? An e-commerce play? A local distributor? Or are they attempting to be all of the above?
I spoke with SnapAV’s John Heyman and Charlie Kindel to try and help our readers sort this all out. It’s certainly a new world out there…but just what planet are we on?
See what I learned from these top SnapAV execs…[Read more…] about New, Larger SnapAV: The One-Stop Shop of Smart Home
As Strata-gee recently reported, there are currently seven active lawsuits that have been filed against Control4 and their Board of Directors in the wake of their acquisition by SnapAV. In a new DEFA14A filing with the Securities and Exchange Commission last Friday, the company addresses the issue of these lawsuits – saying that they are going to fight them. But then they do something very curious – they file an amendment to their original Schedule 14A filing, their Proxy Statement, with added information that appears to add missing material in response to allegations in the lawsuits filed against them.
Is Control4 trying to end-run the litigation just days before shareholders vote? See more below…[Read more…] about Did Control4 Just Try to End-Run Multiple Shareholder Lawsuits?
The Control4 Corporation has been hit with another class action lawsuit filed on behalf of all shareholders of their stock in connection with their acquisition by Wirepath Home Systems, LLC – better known as SnapAV. Filed by the law firm of Rigrodsky & Long, P.A., the lawsuit alleges certain violations of Securities Exchange Act of 1934 and names both Control4 and its Board of Directors as defendants.
See more on this litigation against Control4…[Read more…] about Control4 Hit With Another Class Action Lawsuit by Shareholders
Credit rating agency Moody’s Investors Service has downgraded the credit rating of Wirepath LLC (corporate name of SnapAV) from B2 to B3 in the wake of their announced acquisition of Control4. The primary reason for the downgrade is due to the fact that SnapAV will be forced to increase their debt by an additional $390 million to a new high of $683 million in order to close on this acquisition.
See more on SnapAV’s credit downgrade…[Read more…] about SnapAV Slammed with Credit Downgrade by Moody’s
In the wake of the recent announcement about the acquisition of Control4 by SnapAV, all executives associated with this deal have not been available to the media…their lips are sealed. But Control4 is a public company – at least until this deal closes and they go private – and a recent filing gives a dramatic, detailed view of how hard the parties worked to make this deal happen, and why Control4 really, really wanted to be acquired.