Onkyo to Slash Overall Company Headcount by 30%, Cutting Management by 50%

Also: Consolidating Facilities & Moving Headquarters It appears that the other shoe is dropping in the wake of the failed acquisition of Onkyo Corporation’s branded A/V division by Sound United last month, as the company now says it will reduce … Continue reading

Sound United to Acquire Onkyo’s Audio Division

We seem to be in a week of big deals. First, we learned that SnapAV had acquired Control4, then we learned that the original founder of Paradigm has acquired back the Paradigm, Anthem, and Martin Logan brands from the private … Continue reading

Classé Rises Again as Part of Sound United

Sound United announced yesterday it had completed the acquisition of shuttered high-end brand Classé Audio from former owner Bowers & Wilkins. Terms of the deal were not disclosed. The announcement confirms the deal of which Strata-gee reported last month when Sound … Continue reading

Surprise! Sound United Makes Bid to Acquire Classé

BREAKING NEWS Will High-End Classé Represent Sound United’s Crown Jewel? Just when you thought it was all over, Strata-gee has learned that a new suitor – Vista, CA-based Sound United – has emerged to make a bid to acquire Classé … Continue reading

D+M Group Sold From One PE Company to Another

We learned Wednesday that private equity powerhouse Bain Capital has apparently found a buyer for D+M Group, selling it off to another private equity company – Boston-based Charlesbank Capital Partners. CCP is the owner of DEI Holdings, a division of … Continue reading

Industry Personality & Technology Enthusiast Len Schneider Passes Away

A truly unique industry personality – and unabashed technology enthusiast – Len Schneider passed away Monday, after a brief illness. Most recently known as the President of TechniCom Corp., an industry marketing company offering product development capabilities and technical writing … Continue reading

D&M Holdings Borrows $25 Million to Build More HEOS

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 … Continue reading

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 … Continue reading

D+M Group Cuts Licensing Deal for Denon & Marantz Professional Businesses

D+M Group (formerly D&M Holdings), continues their program of divesting businesses it determines are “non-core” to the company’s central focus on the consumer-based Denon, Marantz and Boston Acoustics brands. This week, we learned that the company has cut a deal … Continue reading