Strategy in TECH...
Multiple sources are reporting – and we have confirmed – yet another management shake-up at Nortek, Inc…Denise Nemchev has abruptly left the company. Nemchev was brought in as Nortek’s Vice President of Business Transformation in April 2013. In August of this year, and in the wake of the dismissal of Sean Burke as head of the Technology Solutions Segment, Nemchev was promoted to President of the AV Tech segment.
Now, about 90-days later, she too is gone.
It seems like there is a new gold rush – the rush to provide streaming services to satisfy the seemingly insatiable level of demand from consumers. Almost every day, some new hardware company announces they will provide streaming services through their device. But in a meeting with Autonomic at CEDIA Expo last month, we learned that some things may not be what they seem…
Somebody has to do something, and it’s just incredibly pathetic that it has to be us.
Jerry Garcia, of the Grateful Dead
The DaVinci Group, a recently launched manufacturer and marketer of largely custom integration oriented products, announced that it has named Aim High Audio Sales and Distribution as its 2013 Rep of the Year. Aim High Audio represents The DaVinci Group products in the Southeast and Florida regions.
Tokyo-based TDK Corp., a diversified tech manufacturing company, announced this week it would launch a high-tech “product development center” in California’s Silicon Valley to develop next generation electronic parts. TDK is mostly known in this country for its past dominance in the magnetic tape business, but is actually quite diversified and one of the leading electronic component manufacturers (i.e. capacitors, sensors) in the world with revenues in excess of ¥8.5 billion ($83.7 million).
If one morning I walked on top of the water across the Potomac River, the headline that afternoon would read “President Can’t Swim”.
Lyndon B. Johnson
In what was a rapidly developing situation last week, California distributor Electronic Stockroom announced on Monday this week that it was closing its doors. Owner Glen O’Brien will refocus his energies on his sales representative company, Novidor & Firestorm. But Electronic Stockroom was also a founding member of the national distributor group, Catalyst AV.
What will Catalyst AV do now that the large California territory is without a member?
Seiko Epson Corp. will launch their own version of smart glasses in April, according to a report by the Japan Times. These glasses, called Moverio BT-200, run on Google’s Android operating system and allow users to watch movies and browse the Internet…all while walking around.
Japan’s public broadcaster, Nippon Hoso Kyokai (NHK) announced today that it has successfully completed the test of a long-range terrestrial broadcast of a high quality 8K video signal – a system that they call Super Hi-Vision. The news is seen as significant, as previous tests had only achieved reliable broadcasting over much shorter distances.
