Savant Systems

Savant Expands Integrator Opportunities via Alliances

September 25, 2020 by Ted Leave a Comment

Savant has partnered with Devialet speakers, shown here in white

Cuts Tech & Distribution Deals with Robern and Devialet

No question about it, Savant is on a roll. Just four months ago in May, the company surprised the industry by announcing their acquisition of GE Lighting, instantly transforming the company into one of the top lighting providers in the US. But, clearly, they weren’t done yet, as the company announced two new partnerships at CEDIA Expo Virtual – one with Robern, a luxury bathroom furnishings manufacturer…and the second with Devialet, a unique design-centric powered speaker maker out of Europe.

See more on Savant’s expanding partnerships

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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

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…

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Savant Sister Company Racepoint Energy Acquires NOON Home

January 22, 2020 by Ted Leave a Comment

Racepoint Energy, sister company of Savant Systems LLC, announced this week that it has acquired innovative residential lighting control provider NOON Home. Based in Campbell, CA, NOON offers an impressive array of intuitive lighting and intelligent control solutions.

Learn more about NOON & Savant…

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Savant Says Audio Can Be Smarter Too With SmartAmp

May 30, 2019 by Ted Leave a Comment

Popular home automation systems provider Savant Systems has been extending and expanding their product line-up with ever newer, ever smarter solutions for years. And now Savant says audio too can be smarter thanks to its new SmartAmp smart audio amplifier, being launched now in conjunction with their participation in the Pacific Coast Builder Conference.

See Savant’s new SmartAmp audio amplifier

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On Eve of Trial, Savant & Crestron Settle Lawsuit

December 16, 2014 by Ted 2 Comments

BREAKING NEWS

We’ve learned today that the long running legal battle between automation giants Savant Systems and Crestron Electronics has been settled on the eve of the case going to trial. The suit was originally filed in September 2010 by Savant Systems, LLC, which alleged that Crestron Electronics, Inc. had – amongst other things – engaged in a variety of anti-competitive and unfair trade practices. Crestron denied Savant’s allegations and launched their own countersuit alleging that Savant had – amongst other things – engaged in tortious interference with contractual relations; and, unfair & deceptive acts in the conduct of trade.

Scheduled to go to trial in January, the parties have now settled the matter… [Read more…] about On Eve of Trial, Savant & Crestron Settle Lawsuit

Private Equity Kingpin KKR Invests into Savant; Sets $215 Million Valuation

September 3, 2014 by Ted Leave a Comment

The Wall Street Journal (WSJ) reported Tuesday that private equity powerhouse Kohlberg Kravis Roberts & Co. L.P. (KKR) has invested $90 million for a 35% stake in Savant Systems, LLC (Savant). While this is a minority stake, KKR is obviously bullish on the home automation supplier making what the WSJ says is an “eight-figure bet” that places a $215 million valuation on the home automation supplier.

See more on this news on a rapidly rising home automation supplier… [Read more…] about Private Equity Kingpin KKR Invests into Savant; Sets $215 Million Valuation

Core Brands Awards The Bulk of Its Brands to Atlantic Integrated For NY Metro

July 2, 2014 by Ted Leave a Comment

Core Brands, LLC, a division of Nortek, Inc., announced Tuesday that Atlantic Integrated, a Rockleigh, NJ-based sales representative company, has been awarded most of its brands for representation in the New York Metropolitan region and Fairfield County, CT. This appointment is effective immediately and represents a realignment of the brands under one rep firm.

See more on this major announcement for the NY metro market… [Read more…] about Core Brands Awards The Bulk of Its Brands to Atlantic Integrated For NY Metro

Prominent West Coast Rep Closes Company to Join Savant; He Tells Strata-gee Why

March 20, 2014 by Ted 14 Comments

Savant Systems announced today that it has appointed Mike Kavanaugh as its Sales Director for the West Coast effective April 14, 2014. Kavanaugh, a well-known and prominent custom integration rep, is the principal of MK Marketing, a successful 20+ year sales representative company based in Southern California.

Now Kavanaugh is closing down MK Marketing to become a Savant employee – surprising many… [Read more…] about Prominent West Coast Rep Closes Company to Join Savant; He Tells Strata-gee Why

Social Media’s Buzzing about Savant Systems’ New CEO

January 29, 2014 by Ted 1 Comment

Savant Systems, LLC announced on Tuesday that it has hired William J. Lynch as its new CEO. Who is Lynch, you ask? He is the ex-Barnes & Noble CEO who left there in the middle of last year. The Savant announcement surprised many as, on paper, Lynch looks like an unlikely candidate for the role.

Since the announcement, social media has buzzed about this appointment. See more… [Read more…] about Social Media’s Buzzing about Savant Systems’ New CEO

HTSA Announces Their Top Vendors for 2013

October 30, 2013 by Ted Leave a Comment

The Home Technology Specialists of America (HTSA) on Tuesday announced their top vendor awards for 2013. These awards were handed out at their Fall 2013 dealer conference held last week and included a special Lifetime Achievement Award.

Savant Systems

Savant Expands Integrator Opportunities via Alliances

Cuts Tech & Distribution Deals with Robern and Devialet

See more on Savant’s expanding partnerships

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