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A Reinvigorated Crestron Says, ‘Welcome Home’ With New Crestron HOME OS 4 Release

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Crestron residential showroom for Crestron Home
Crestron’s new residential showroom in Rockleigh, NJ [Click to enlarge]

Crestron Electronics Corp. (Crestron), one of the largest and most popular custom integration control brands delivering literally thousands of products to both the commercial and residential smart home channels, announced today the launch of Crestron Home OS 4. This exciting new update brings much to the party, not only a more polished and graphically appealing look and feel but also a more intuitive end-user operability. Oh, and not to mention, some exciting new functionalities.

All of which, I got to see for myself in the company’s completely renovated residential-specific showroom. This company is on the move…

See more on Crestron Home OS 4 and my visit to the company…

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Snap One Reports 2nd Quarter Fiscal ’23 Results; Net Sales Declined, Net Loss Reduced

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Snap One cover photo

Last week, Snap One Holdings Corp. (Nasdaq: SNPO) released its financial results for the second quarter of fiscal 2023, the 13-week period ending June 30, 2023. The company reported mixed results with a continuing sales decline but with a reduced net loss in the quarter.

See more on the SnapOne 2nd quarter fiscal ’23 report

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Snap One Sues Josh.ai and AVA for Patent Infringement and So Much More

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image with Snap One, AVA, and Josh.ai

Lawsuit Alleges Unethical Biz Practices from CI Brands Perceived as Upstanding Citizens

On Monday, Snap One revealed that it had filed a lawsuit against two other well-known, if smaller, brands, alleging patent infringement and a range of illicit and unethical business practices that it claims violated existing contractual agreements. The defendants in this matter are Josh.ai and AVA.

The allegations, if true, are really quite surprising.

See more on Snap One vs Josh.ai and AVA

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Think You’ve Seen It All? Draper at Home Brings Innovative Shading & AV to CEDIA Expo ’23

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Draper at Home outdoor screens

Draper, Inc., a leading manufacturer of commercial and Draper at Home residential shades and screens will be showing a wide array of solutions for both indoor and outdoor spaces at the upcoming CEDIA Expo 2023 in Denver, CO running September 7-9. Included in their displays this year are some of their latest designs, some offering unique solutions to sometimes challenging situations.

See more on Draper at Home offerings for CEDIA Expo ’23

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Masimo CEO: ‘We are Disappointed with Our Results This Quarter’

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Masimo slide from their Q2 fiscal '23 quarterly earnings presentation

Masimo Corporation (Nasdaq: MASI) (Masimo) announced the final financial results for the second quarter of fiscal 2023, the 90-day period that ended on July 1, 2023. About three weeks ago, the company released a preliminary report on the quarter, alerting investors to an unexpected drop in revenues. As they predicted, revenues did decline, although not as poorly as they suggested might be the case.

See the actual Masimo results for the second quarter of fiscal 2023

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Savant Realigns Ops, Salesforce, & Pricing for Next Phase of Growth

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Savant president JC Murphy
JC Murphy, President of Savant, on Zoom call with Strata-gee

There has been a flurry of activity in the Savant ecosphere lately, much of it causing a buzz in the industry. Over the last few weeks, I’ve had several integrators reaching out to let me know about some of these changes. Not all felt they were positive and many questioned the motivations behind the moves. Accordingly, I reached out to Savant to see if I could get some insight into just what is going on. The company responded by making President JC Murphy available to update me on a few of their recent moves.

See what Savant’s JC Murphy told me about recent changes

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Nice Announces ‘Pivotal Changes’ in N.A. Operations to Drive Growth

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Home page on the Nice website

Nice North America, part of the globally significant Nice S.p.A. of Italy, announced this week that it has implemented what it calls pivotal changes within its North American operations (U.S. and Canada) that it believes will “further boost growth and innovation.” It is the first major structural change here in the U.S. since Italy’s Nice acquired Nortek Security and Control from Melrose PLC back in October 2021.

See the changes Nice is making in North American Ops

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AudioControl Residential Division Acquired by AVPro Global Holdings

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Some AVPro Global products

BREAKING NEWS

This morning, AVPro Global Holdings, Inc., a maker of a wide variety of audio/video gear and services, announced it has acquired the residential division of AudioControl from AAMP Global. Like King Solomon, the move “splits the baby” in half along its logical business lines with AVPro Global taking over AudioControl’s residential division, while AAMP Global retains its mobile electronics business.

See more on the AudioControl acquisition by AVPro Global

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Denon Launches Two New 8K AVRs w/3D Audio for Small to Midsize Spaces

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Denon AVR-S770H audio/video receiver

Ignoring the Masimo noise swirling around them, portfolio brand Denon launches two new audio video receivers (AVRs) with impressive technology targeted for small-to-midsize spaces, such as dens, family rooms, home offices, and the like. With support for 8K video and 3D audio, these new models offer an unusual blend of performance and features at a moderate price making them perfect for alternative smaller format spaces needing a more modest cinema implementation.

Learn more about these new Denon AVR models

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‘There is No Solace I Can Offer;’ VOXX CEO Announces 14% Cut in Jobs

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VOXX letter to employees

In a letter to employees earlier this month, VOXX International Corp. (Nasdaq: VOXX) CEO Pat Lavelle painted a dark picture of the economic environment the company finds itself mired in, noting its significant sales declines and mounting losses. If you were a VOXX employee reading the opening phrases of this letter, I’m pretty certain a feeling of dread would sweep over you – sensing where this communication is heading.

And you would be right, as later in the correspondence, Lavelle reveals a plan to cut “more than 150 employees” along with a series of other steps to cut costs and lower overhead. And these cuts are on top of the job cuts the company has already implemented in 2022, as it tries again to right the ship.

See more on VOXX management’s missive to employees

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