Strategy in TECH...
Sonos [NASDAQ: SONO] announced this week that it will launch an all-new 8-inch in-ceiling speaker that it designed in conjunction with Sonance. Part of the company’s Architectural lineup of speakers, this new model extends both the size and the range of performance of the line.
AudioControl announced today that it has appointed Oceanic Distribution as its distributor for Australia. Based in Seattle, WA, AudioControl has long pursued a global distribution strategy. This new appointment will drive its business in Australia, a strong AV market in its own right.
Sometimes, those things most valuable in life – like air, for example – are unimportant to us until that moment we need it. For example, it does not occur to us that we rely on a safe, efficient, clean source of power until a big storm – a hurricane, tornado, forest fire, etc. – cuts it off. Mango Power offers a portable battery/inverter power station that will protect your access to clean battery-generated AC power…enough power to get you through most events…as well as enhance many other activities.
Snap One announced today the launch of three new services, part of a Software-as-a-Service subscription program that gets the manufacturer in direct communication with end users of every Control4-based system sold and provides new levels of customer support. The program is said to include a revenue share for its dealers. These programs are called Control4 Connect, Control4 Assist, and Control4 Assist Premium and allow for direct-to-consumer support by the company.
In the matter of Masimo Corp. v. Apple, Inc….AND…Apple, Inc. v. Masimo Corp. we have a full-blown, overt litigation war raging between two determined combatants. It is a complex battle that has opened multiple fronts with multiple separate actions initiated by each of the parties in District Courts, the U.S. International Trade Commission, the Patent Trial and Appeal Board, the U.S. Customs and Border Protection, and the U.S. Court of Appeals for the Federal District. Almost every one of the myriad decisions by all of these entities is appealed to final disposition.
However, Friday, January 12, 2024, turns out to be an especially important day.
Indy Audio Labs, the company that manufactures the respected high-end high-performance brands Acurus and Aragon, announced this week that it has appointed AWA Reps as its representative for the Great Lakes region. The company, which calls itself “leaders in immersive home cinema processing and amplification” is looking to shine a light on this appointment for dealers in the region.
On Wednesday, Masimo Corporation (NASAQ: MASI) released preliminary results for its Fiscal 2023 fourth quarter and full-year results and issued new guidance representing its outlook for Fiscal 2024. Even though its final results won’t be announced until next month (February) the company has enough information to issue these preliminary results now, giving investors a better picture of how their fiscal quarter and year will end.
Masimo also announced it would change its formulation for future guidance by excluding the extensive costs associated with its litigation with Apple.
Canada’s The Lenbrook Group announced today that it has spun off its digital media and content-related businesses as a separate unit, independent of its hardware brands. The new unit will be known as The Lenbrook Media Group and is to be headed by former MQA Ltd. CEO Mike Jbara.
Shelly Group AD (formerly Allterco Robotics), a maker of a range of task-specific IoT devices and smart building solutions under the Shelly brand, announced today that it is launching a new Gen3 series of devices at the upcoming Consumer Electronics Show 2024. Shelly offers an innovative line of devices primarily targeted at the DIY hobbyist market, but devices that are increasingly being embraced by integrators as handy problem solvers in the field.
Wow! It’s crazy that 2023 is now just about behind us, and what a dramatic and dynamic year it was! What were the key themes of the year? At the beginning of the year, I think most would say their greatest concern was the economy and their least concern was the tech industry. Yet the year turned out to be almost the exact opposite of that.
