In a letter to the media early Tuesday evening, Richard Stoerger announced the likely impending closure of Audio Design Associates (ADA), a company that was a founding member of CEDIA and a significant driving force in the early days of the “CEDIA channel.” The letter itself never explicitly explains the reasons for the possible closure, only offering vague allusions to: difficulty to “defeat the noise generated on a public level”… and … that they “just ran out of time and money”… and … a failure to “reckon with” how “difficult and expensive” it is to tell one’s story.
What DOW Electronics Really Gets in Acquiring Shifting Sands Stereo Distributing
In yet further indication of industry consolidation, Tampa, FL-based Dow Electronics announced this week that it would acquire Shifting Sands Stereo Distributing, Inc. of Dania, FL. Shifting Sands (SSSD) is a well-known custom electronics-oriented distributor that was also one of the founding members of the Digital Delivery Group – a national distributor group.
See more on this dramatic development impacting the entire Southeast… [Read more…] about What DOW Electronics Really Gets in Acquiring Shifting Sands Stereo Distributing
Ciornei Makes Triumphant Return to Russound
<May 16, 2012> Russound announced today that it has retained the OAC Group to work with the company on a variety of product and marketing projects. The announcement follows the company’s recent divestiture of Colorado vNet – selling it to Russound’s former Vice President of Sales Mike Anderson. But the development is most notable for what it appears to represent – the triumphant return of Oscar Ciornei to Russound. [Read more…] about Ciornei Makes Triumphant Return to Russound