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

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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

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Emerging Player Trident Announces New Taurus Z-Wave Series Chip

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The Trident IoT website, maker of the Taurus Z-Wave chips

Trident IoT, a relatively new company founded by a group of industry veterans with extensive experience behind them (“over a century of industry knowledge” according to the company), announced this week that it is launching a new series of chips that it says will decrease the time-to-market for connected device manufacturers. This new series of chips is the Taurus Z-Wave Series.

But just what is the Taurus chip all about?

Learn more about the Trident Taurus Z-Wave Series Chips

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DTC Brands OSD Audio and Outlaw Audio Settle All Litigation; OSD Sues Homni

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OSD Audio website

Santos Electronics Inc., dba OSD Audio, and Outlaw Audio LLC – both direct-to-consumer (DTC) brands – have settled all claims between them in their dueling lawsuits that began back in 2022, according to court filings from earlier this year. In that order from the court, I learned that the entire action was dismissed “with prejudice” – meaning it cannot ever be revised or otherwise litigated again (on these issues).

See more on the end of OSD Audio v. Outlaw Audio, and vice versa

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Throwing Shade – Jury Finds Lutron Guilty of Infringement; Owes J. Geiger $34.6M

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J. Geiger Shades, a related company to GeigTech, the design was copied by Lutron, the fury says

A Federal jury in the U.S. District Court for the Southern District of New York delivered a verdict against Lutron Electronics Co., finding that it had infringed on a window shade patent held by GeigTech East Bay, a South Carolina company. The jury awarded GeigTech $34.6 million in damages for Lutron’s infringement, a figure that Lutron called “grossly excessive.”

Learn more about Lutron losing to GeigTech

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Draper at Home Appoints National Director for Custom Integration

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Tabitha Quick, new National Director of CI for Draper at Home

Draper at Home, a division of Draper, Inc., announced this week that it has appointed a National Director of CI (custom integration), a new role at the company. The company said it created the new position in response to the continuing growth in Draper’s custom integration business.

Learn more about this new role for Draper at Home

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

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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

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After a Hopeful February, March Housing Starts Drop Double-Digit Percentage

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This is a new home; housing starts declined in March

Residential construction, known as housing starts, dropped in March by a surprising double-digit percentage. Most industry analysts believe that the slowdown is due to stubborn inflation readings motivating the Fed to keep interest rates high which is affecting mortgage rates and home affordability.

After solid gains in February raised hopes in the segment, the March numbers were a chilling splash of reality as home inventory is low and mortgage rates are high.

See more on housing starts in March

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

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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

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Highly Regarded Exec Frank Sterns to Consult on Custom Integration for Nationwide MG

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Frank Sterns, consultant to Nationwide Marketing Group

Frank Sterns, a well-known and highly regarded (some would say renowned) industry executive, has been retained to consult on custom integration matters with Nationwide Marketing Group. Clearly a sign of just how serious the large diversified Nationwide organization is about targeting custom integration, Sterns brings a wealth of Grade A experience as a leader in the custom integration space.

See more on Nationwide retaining Frank Sterns

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Security Company Resideo Acquires Snap One in $1.4B Transaction

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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

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