Emerald Expositions on Monday put out a final recap of the CEDIA Expo 2021 that took place earlier this month and while Group Vice President Jason McGraw called it “…a solid event,” the numbers they revealed told a much more sobering tale. Still, I need to say up front that I am actually impressed they released data from the event rather than the hazy and rough estimates as they have done in the past. It’s at least a step in the right direction towards some sort of transparency.
WhyReboot Sets Up National Sales Rep Network
Premium networking systems and services specialist WhyReboot announced this week that they have set up a national network of independent specialty manufacturers sales representatives. The company has appointed nine top rep firms across the country, expanding their local presence for both sales and support.
See the all-new WhyReboot rep network
[Read more…] about WhyReboot Sets Up National Sales Rep NetworkCOVID Forces Rocky Mountain Audio Fest to Cancel Again, This Time for Good
The resurgence of COVID due to the Delta variant is causing increasing pandemonium throughout the exposition industry. In the face of growing headwinds, Emerald Expositions insisted on moving forward with CEDIA anyway, kind of. But with dismal attendance and most of the exhibitors pulling out in the weeks leading up to it – it was far less than a normal event. Now we learn that another show – the audio-centric Rocky Mountain Audio Fest (RMAF) – after much pressure from media and exhibitor pull-outs, has decided to cancel its event, as well…this time for good.
See more on the cancellation of RMAF…
[Read more…] about COVID Forces Rocky Mountain Audio Fest to Cancel Again, This Time for GoodMelrose Unloads Nortek Control for Just $285 Million
Only Ergotron Remains…for Now…from the Original Acquisition
Melrose PLC, the private equity turnaround expert that purchased the entirety of Nortek back in 2016, unceremoniously let it slip in a bullet point of a report on financial results, that it has found a buyer for the last remaining piece of the Nortek puzzle they have struggled to turn around over the years. Although they did not name the buyer, Melrose says a contract has been signed for a $285 million deal – remarkably low considering all the brands included in this transaction.
See more on the sale of Nortek Control by Melrose
[Read more…] about Melrose Unloads Nortek Control for Just $285 MillionNew BMW iX Luxury EV Features Audio by Bowers & Wilkins
Bowers & Wilkins (B&W) announced today that they have partnered with BMW as the audio system provider for their new luxury electric SAV (sports activity vehicle)…the eagerly anticipated iX. The company says that engineers from both of the partners worked closely together to develop an audio experience that “feels as though you are there with the artist in the studio” – or what B&W likes to call “true sound.”
Learn more on Bowers & Wilkins’ collaboration with BMW
[Read more…] about New BMW iX Luxury EV Features Audio by Bowers & WilkinsPower is Dumb, Schneider Electric Can Make it Smarter for the Smart Home
Launches Square D X and XD Series Connected Wiring Device Lines
Schneider Electric is looking to take that dumb old 110v power coming into the typical residential home and make it smarter…much smarter. As part of its strategy to lead the digital transformation of energy management and automation in the home, the company has launched two new lines called the Square D X and XD Series of connected wiring devices. This opens up a whole new world of control convenience and possibilities for homeowners, and the integrators who serve them.
See more on Square D X and XD Series for the smart home
[Read more…] about Power is Dumb, Schneider Electric Can Make it Smarter for the Smart HomeCEDIA Expo Attendee Videos Show Wide Open Aisles, Draped Empty Halls, and Sparse Attendance
In a post yesterday, I suggested that the evidence seemed pretty clear – this year, attendees would find a very different CEDIA Expo. Today, the opening day of the event has seen a few videos and photos uploaded on Facebook, YouTube and other social media sites which seem to suggest that this is indeed a very different Expo.
See more on attendee’s CEDIA Expo videos…
[Read more…] about CEDIA Expo Attendee Videos Show Wide Open Aisles, Draped Empty Halls, and Sparse AttendanceCEDIA Expo Opens with Few Exhibitors; Not 500, Not 242, Only 76 Booths Remain
CEDIA Expo opens this week, with education sessions starting today and the show floor opening tomorrow. As Strata-gee has been reporting, over the last three weeks literally hundreds of exhibitors have pulled out of the event over concerns surrounding the surge of infections due to the Delta variant of COVID-19. With Emerald expositions vowing to forge ahead with the event no matter what, attendees to the event – whether many or few – will find themselves at a very different CEDIA Expo.
See more on this very different CEDIA Expo
[Read more…] about CEDIA Expo Opens with Few Exhibitors; Not 500, Not 242, Only 76 Booths RemainSnap One Reports 34% Increase in Q2 Sales, With a Reduced $1.1M Net Loss
Snap One Holdings Corp. (NASDAQ: SNPO) announced the results of their fiscal second quarter, the period that ended June 25, 2021. This is the first official report to investors for the newly public company, and Snap One executives were excited to talk about all the positive milestones they achieved in the quarter – first and foremost, launching a successful public offering. Aside from a technical glitch in their conference call with analysts, it was all good news from the company.
See more details on the Snap One quarterly report
[Read more…] about Snap One Reports 34% Increase in Q2 Sales, With a Reduced $1.1M Net LossDigital Projection Pulls Out of CEDIA Expo and All Tradeshows Through 2021
Digital Projection, Inc. (DP), a leading video technology provider, announced this week that it will withdraw its participation in CEDIA Expo 2021, as well as all large, in-person tradeshows for the remainder of 2021. While DP says they enjoy meeting face-to-face with “customers, partners, and friends,” the ongoing COVID-19 pandemic has forced them to reexamine the risks of such events and led to this decision.