An independent commercial finance company, Siena Lending Group, announced last week that it has worked with North Mill Capital to close on a three-year asset-based revolving credit facility in the amount of $25 million with D&M Holdings, Inc. and D&M Canada, Inc. Siena says that the funds will support D&M’s growth and their “seasonal working capital requirements.” It will also, apparently, help Denon grow their HEOS line. Why do we say that? Read on…
HEOS by Denon
Sonos Shoots Back; D&M Filings ‘Not Entirely Accurate’
The legal battle in the patent infringement case filed by Sonos, Inc. (Sonos) against D&M Holdings, Inc. dba The D+M Group, D&M Hodlings U.S. Inc., and Denon Electronics (USA), LLC (D&M) continues to heat up as lawyers launch new salvos against each other alleging – among other things – improper actions. In February, we reported that D&M’s legal team had filed a Motion to Disqualify the Sonos legal team, with the astonishing allegation that at one time these lawyers worked for both Sonos and D&M at the same time.
Now, Sonos’ legal team shoots back, saying D&M’s filings are “not entirely accurate”… [Read more…] about Sonos Shoots Back; D&M Filings ‘Not Entirely Accurate’
CE Week 2014 – As Others Talk Atmos, Denon Talks Heos
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???
