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And BAM! Just Like That, Savant Acquires GE Lighting to Become a Major Lighting Supplier

May 28, 2020 by Ted Leave a Comment

Savant and GE Lighting logos

WSJ Says Deal Valued at Around $250M

On Wednesday, we learned that Savant Systems Inc. (Savant), has acquired the lighting business from none other than the mighty GE. Terms of the transaction were not released, but the Wall Street Journal reports that “the transaction valued the unit at around $250 million, according to a person familiar with the matter.” GE has been a major lighting provider for over a hundred years.

See more on this HUGE Savant & GE deal…

[Read more…] about And BAM! Just Like That, Savant Acquires GE Lighting to Become a Major Lighting Supplier

Filed Under: Brands, Financial, Management, Manufacturers, News, Products, Strategy Tagged With: C by GE, GE, GE Lighting, J.C. Murphy, Robert Madonna, Savant, Savant Systems

Smart Appliances are Still Looking for a Home

July 6, 2018 by Ted Leave a Comment

Samsung family hub
Samsung Family Hub

 

New research shows that while a majority of internet users own some type of smart device, almost no one owns a smart appliance – even though many manufacturers like Samsung have been pushing the category for a couple of years now. If consumers believe in “smart” technology, what’s going on with smart appliances??

See more on the lack of adoption of smart appliances in the home… [Read more…] about Smart Appliances are Still Looking for a Home

Filed Under: Consumer Trends, Industry Trends, Manufacturers, Research, Social Media, Statistics, Strategy, Survey, Tech Trends Tagged With: Bosch, Bosch Home Connect, GE, LG, remote diagnostics, Samsung, smart appliances, Whirlpool

Hitachi Spending Nearly $1B to Launch IoT Research Center in U.S.

April 20, 2016 by Ted Leave a Comment

Hitachi's logoHitachi announced this week that it will invest ¥100 billion ($915 million) building a state-of-the-art research center in the United States to develop Internet of Things (IoT) products and technologies. A significant commitment by the company, with the project expected to take over three years to complete – the facility will be located in Santa Clara, California.

See more on this major R&D center in the U.S. by Hitachi… [Read more…] about Hitachi Spending Nearly $1B to Launch IoT Research Center in U.S.

Filed Under: Asian Connection, Financial, Industry Trends, Manufacturers, News, Pivot Point, Research, Tech Trends Tagged With: GE, General Electric, Hitachi

After 62 Years, New Jersey’s M. Rothman & Company Sold to Z. Reiss

July 20, 2012 by Ted 1 Comment

>BREAKING NEWS<

M. Rothman & Co. Headquarters BuildingIn news that is likely yet another indicator of the depths of the struggles of the consumer electronics industry, M. Rothman & Company, Inc. – a large consumer electronics distributor based in Ramsey, New Jersey and a one-time powerhouse supplier of a wide variety of electronics and appliances for the entire New York Metropolitan marketplace, has been sold to Z. Reiss & Associates. While rumors have been circulating about Rothman for some weeks – we have only now been able to confirm the company is in fact been sold to another New York-based distributor. [Read more…] about After 62 Years, New Jersey’s M. Rothman & Company Sold to Z. Reiss

Filed Under: Distributors, Economic Trends, Industry Trends, Management, News, Pivot Point, Strategy Tagged With: AT&T, Billy Rothman, Douglas Rothman, GE, JVC, LG, M. Rothman & Co., Martin Rothman, New York metro market, Pioneer, Russell Rothman, Siemens, Toshiba, VTech, Z. Reiss

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Ted Green Bio

A former dealer, installer, manufac-turer, distributor & more. With a focus on business strategy, my goal is to help you make better decisions for more success.

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