• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
  • Skip to footer
  • Home
  • About Strata-gee
  • Contact Us
  • Free Newsletter
  • Sponsor Strata-gee
  • Privacy Policy

Strata-gee.com

Strategy in TECH...

Crestron Infra-Bass
AudioControl Single Zone Amps
What Savant Can Do
Sonance James Small Aperture Series
  • Latest Posts
  • Strategy
  • Technology
  • Products
  • People
  • Statistics
  • Financial
  • Legal
  • Economic Data
  • Shows & Events
You are here: Home / Archives for Snap One

Snap One

After Year-and-a-Half Fight, All Claims are Dismissed in Snap One vs AVA

January 16, 2025 by Ted Leave a Comment

Graphic showing AVA, Josh.ai, and Snap One

Snap One vs Josh.ai Lawsuit Continues

Strata-gee has learned that the U.S. District Court in the District of Utah has granted a Joint Motion to Dismiss all claims between Snap One, LLC (now part of Resideo) and AVA, Inc. The motion is the result of a negotiated settlement between the parties. This solves one-half of a lawsuit originally filed in August 2023 between Snap One, LLC (plaintiff) versus AVA, Inc. (defendant), and Josh.ai, Inc. (defendant).

Josh.ai is not part of this settlement so that case carries on.

Learn more about the settlement between Snap One and AVA

[Read more…] about After Year-and-a-Half Fight, All Claims are Dismissed in Snap One vs AVA

Filed Under: Law, Management, News, Pivot Point Tagged With: Alex Capecelatro, AVA, Josh.ai, Snap One, Ted Haeger

Snap One Parent Resideo Releases 3Q/2024 Results; Organic Gains are Modest

November 14, 2024 by Ted Leave a Comment

Resideo 3Q/2024 earnings presentation cover image

Resideo Technologies, Inc. (NYSE: REZI) – the new parent company of residential integration company Snap One – recently released the financial results for its third quarter of fiscal 2024, the 90-day period that ended September 28, 2024. While the overall numbers looked fairly strong with revenues increasing 18% to $1.83 billion with gross profit expansion, when looked at organically, the results show a more moderate revenue growth of 4%.

See more on the Resideo results in 3Q/2024

[Read more…] about Snap One Parent Resideo Releases 3Q/2024 Results; Organic Gains are Modest

Filed Under: Feature, Financial Tagged With: Resideo, Snap One

Even With Snap One Included, Resideo Sees Revenues & Net Income Decline

August 16, 2024 by Ted Leave a Comment

Resideo image from presentation

Last week, Resideo Technologies, Inc. (NYSE: REZI), the new owner of Snap One, announced its financial results for the second quarter of Fiscal 2024. This is the first earnings report that follows the closing on its acquisition of Snap One, the largely residential AV integration business, and therefore the first earnings in which Snap One’s business contributed to the results. Even with Snap One included in its numbers, the surprise was that the company reported a 1% revenue decline…and a 40% drop in Net Income.

I’d call that an inauspicious start for this new partnership.

See more on the report from Resideo on Q2 fiscal 2024

[Read more…] about Even With Snap One Included, Resideo Sees Revenues & Net Income Decline

Filed Under: Feature, Financial Tagged With: ADI, Jay Geldmacher, Products and Solutions, Resideo, Snap One

Resideo, New Owner of Snap One & Control4, Reports Fiscal 2024 Q1 Results

June 13, 2024 by Ted Leave a Comment

Resideo cover page for Q1 2024 results

Resideo & Snap One Deal Expected to Close Friday, June 14th

Resideo Technologies, Inc. (NYSE: REZI), a manufacturer and distributor of security and related products for business and home – and soon to be the new owner of Snap One and Control4 – announced its fiscal 2024, first quarter financial results. Considering the looming event that will make Resideo an important partner to many in the custom integration business – the closing of its acquisition of Snap One/Control4 on Friday, June 14, 2024 – I am launching a more detailed coverage of the company.

So…given that Resideo is about to spend $1.4 billion, or 20% of their gross revenues – to acquire Snap One, you’d think that things must be going really, really well for Resideo. But are they???

See how Resideo did in its first quarter of fiscal 2024

[Read more…] about Resideo, New Owner of Snap One & Control4, Reports Fiscal 2024 Q1 Results

Filed Under: Financial, Management, Manufacturers, News Tagged With: Control4, Resideo, Snap One

Snap One Reports Results for Q1 of Fiscal 2024; Old Themes Continue

May 8, 2024 by Ted Leave a Comment

Snap One booth at CEDIA Expo 2023

Snap One Holdings Corp, soon to be part of Resideo Technologies’ ADI distribution business, reported their financial performance for the first quarter of Fiscal 2024 yesterday. In the wash, it looks much like its other recent quarterly reports – sales decline, losses increase, sales shift from its own proprietary brands to third-party brands, etc. But a couple of things did change, starting with my assessment that much less effort than usual was expended in creating this pretty thin report than is typical for them…there isn’t even a quote from CEO John Heyman or anyone in management…and the company even chose not to hold an earnings conference call with analysts as they typically do every quarter.

I suspect that this is due to the fact that the entire company – and its investors – are simply waiting for the new owners to take over.

See more on the Snap One Q1 Fiscal 2024 financial results

[Read more…] about Snap One Reports Results for Q1 of Fiscal 2024; Old Themes Continue

Filed Under: Financial, Management, Manufacturers Tagged With: Resideo, Snap One

Josh.ai Goes on Offense, Fires Off Motion to Dismiss Much of Snap One Lawsuit

May 2, 2024 by Ted Leave a Comment

Graphic with Snap One, Josh.ai, and AVA logos

In the matter of Snap One, LLC v. AVA, Inc, and Josh.ai, Inc., we finally see a substantive move after the initial filing by plaintiff Snap One and subsequent answers from the defendants AVA and Josh.ai. And that subsequent move is a doozy – Josh.ai has gone on offense and filed a motion to dismiss multiple major claims in the Snap One lawsuit.

Josh.ai’s filing is well written and puts Snap One on defense, forcing them to submit genuine facts and evidence to support their many claims, including a few allegations that were really quite salacious.

See more on Josh.ai’s Motion to Dismiss putting Snap One on defense

[Read more…] about Josh.ai Goes on Offense, Fires Off Motion to Dismiss Much of Snap One Lawsuit

Filed Under: Law Tagged With: AVA, Josh.ai, patent infringement, Snap One

D-Day Arrives; Control4 Integrators Begin Turning Clients over to Snap One

April 24, 2024 by Ted Leave a Comment

On Tuesday this week, a previously announced program being offered by Snap One – now Resideo – has begun. This program, called Control4 Connect, is a mandatory program that requires all integrators to connect all new client installations of Control4 products directly to Snap One’s central station for future software updates and data collection.

It is a new kind of transactional connection that establishes a direct relationship with the client for direct-to-user system updates and base-level client support supplied – not by the local integrator – but by Control4 support.

See more on this new industry scheme

[Read more…] about D-Day Arrives; Control4 Integrators Begin Turning Clients over to Snap One

Filed Under: Brands, Dealers, Integrators, Management, Manufacturers, News, Strategy Tagged With: John Heyman, Resideo, SaaS, Snap One

Credit Agency Moody’s Had This to Say About the Resideo Acquisition of Snap One

April 18, 2024 by Ted 3 Comments

Resideo website - Resideo has acquired Snap One

See Details Behind the Deal

The day after we learned about the acquisition of Snap One by security company Resideo, Moody’s Investors Service, Inc., one of the nation’s preeminent credit rating agencies, issued its initial judgment of the impact of this deal on Resideo’s creditworthiness. What they had to say kind of swung two ways so I thought I would share its perspective with you.

Read more on Moody’s judgment on the creditworthiness of Resideo now

[Read more…] about Credit Agency Moody’s Had This to Say About the Resideo Acquisition of Snap One

Filed Under: Financial Tagged With: acquisition, Resideo, Snap One

Security Company Resideo Acquires Snap One in $1.4B Transaction

April 15, 2024 by Ted 2 Comments

Resideo acquires Snap One

Will Merging Two Stagnant Businesses Reignite Growth?

This morning we learned that Snap One Holdings, Corp. (Nasdaq: SNPO) has been acquired by large security provider Resideo Technologies, Inc. (NYSE: REZI) and private equity company Clayton, Dubilier & Rice (CD&R) in a $1.4 billion deal. If you aren’t familiar with the Resideo name, you may know them by ADI, their distribution wing.

The deal is expected to close in the second half of 2024.

See more on Resideo / ADI / CD&R acquiring Snap One

[Read more…] about Security Company Resideo Acquires Snap One in $1.4B Transaction

Filed Under: Financial, News, Strategy Tagged With: ADI, Jay Geldmacher, John Heyman, Resideo, Snap One, Tom Surran, Tony Trunzo

Snap One Closes Out a Tough Year; They Say Next Year Will Be Better…Maybe

March 12, 2024 by Ted Leave a Comment

Cover page of Snap One Fiscal Q4 & FY 2023 results

Company Turns To Forced Client Fees to Improve Its Results

At the end of last week, Snap One Holdings Corporation [NASDAQ: SNPO] announced the results of its Fiscal Fourth Quarter and Full Year 2023. Much as we’ve seen quarter-by-quarter all year long, the company remained subsumed by a challenging “destocking” market, with Net Sales in Fiscal 2023 finishing down 5.6%, and its Net Loss last year increasing by another 146.3% this year. CEO John Heyman called it “another strong year.”

But was it truly “another strong year?”

See more details on the Snap One Fiscal 2023 performance

[Read more…] about Snap One Closes Out a Tough Year; They Say Next Year Will Be Better…Maybe

Filed Under: Financial, Management, Manufacturers Tagged With: Control4, John Heyman, Mike Carlet, Snap One

  • Page 1
  • Page 2
  • Page 3
  • Interim pages omitted …
  • Page 5
  • Go to Next Page »

Primary Sidebar

Search

Sign-Up for Our FREE Newsletter

loader

Latest Posts

T-Day+1: Tariffs…And So It Begins…

**UPDATED 5/22/25** - See a Selection of Tariff Increases from Around the … [Read More...] about T-Day+1: Tariffs…And So It Begins…

On Fire, Sonance Acquires Blaze Audio in Pro Audio Expansion

Sonance, a leading innovator of custom integration solutions founded more than … [Read More...] about On Fire, Sonance Acquires Blaze Audio in Pro Audio Expansion

  • T-Day+1: Tariffs…And So It Begins…
  • Masimo Tells SEC It Was the Victim of a Cyberattack
  • Masimo Sells Sound United to Harman; Excited? Temper Your Enthusiasm
  • Strata-gee Founder Hospitalized After Suffering Injuries in Accident on Monday

Categories

Sponsors

Crestron Infra-Bass
AudioControl Single Zone Amps
Sonance James Small Aperture
Savant
Oasys Residential Technology Group

Tag Cloud

acquisition Amazon Apple AudioControl B&W Bowers & Wilkins CEDIA CEDIA Expo CES Control4 Core Brands COVID-19 Crestron D&M Holdings Denon Emerald Expositions Foxconn Gibson Brands Gibson Guitar Google Henry Juszkiewicz Hon Hai Precision Industry Co. housing starts Integra Joe Kiani LG Marantz Masimo Nortek OLED Onkyo Panasonic patent infringement Pioneer Samsung Savant Sharp smart home SnapAV Snap One Sonos Sony Sound United SpeakerCraft Toshiba

Footer

Got News?

HEY PR & Marketing Pros: Have NEWS for Strata-gee readers?

Send it to: HotNews@strata-gee.com

Meta

  • Log in
  • Entries feed
  • Comments feed
  • WordPress.org

Sponsor Strata-gee

Strata-gee Ads

Archives

Translate

Ted Green Bio

A former dealer, manufacturer, distributor & more. Focusing on business strategy, my goal is to help you make better decisions for greater success.

Follow Ted Green

  • Facebook
  • X
  • LinkedIn
  • Instagram

Copyright © 2025 Strata-gee.com · The Stratecon Group, Inc. All Rights Reserved · Log in