Crestron announced on Monday that it was joining with members of the Bargetzi family to create the Fred Bargetzi Memorial Scholarship, created to honor the memory of the company’s much-beloved and long-time Chief Technology Officer Fred Bargetzi, who passed away in January of this year. The scholarship will be for select students of Bargetzi’s alma mater, the University at Buffalo, and will serve both “to empower students at the University at Buffalo to succeed in their education by removing barrier’s from their progress”…and to offer a lasting legacy of the CTO who was so meaningful to one of this industry’s greatest technology companies.
News
Snap One Files for an IPO Laying Out Its Strategy for Growth & Perhaps Profit
In 2020, Company Revenues Grew 37.8% to $814.1M But With a Net Loss of $25.2M
Snap One Holdings Corp (Snap One) – formerly SnapAV – has filed an S-1 registration with the Securities and Exchange Commission (SEC) in preparation for an initial public offering (IPO) of its stock on a public exchange. In this S-1 filing, we learn much about the company’s current position and what its plan is to grow the operation to even loftier heights.
See more on the Snap One S-1 registration…
[Read more…] about Snap One Files for an IPO Laying Out Its Strategy for Growth & Perhaps ProfitAudioControl Rolls Out Drivers for Full Integration into Creston Home Systems
AudioControl announced this week that it has released certified drivers for Crestron Home for its line of specialty electronics. This news means that the company’s products, already popular in home automation systems, will now integrate into the rapidly expanding Crestron Home ecosystem.
See more on these new drivers from AudioControl
[Read more…] about AudioControl Rolls Out Drivers for Full Integration into Creston Home SystemsLG’s Highly Unique ‘Rollable’ 4K OLED TV Finally Rolls into the U.S. Market
I first told you about the remarkable new form factor for OLED TVs back in 2019 when LG showed a rollable OLED technology concept (along with a separate bendable OLED technology as well). It was an interesting concept and resembles a simple sideboard cabinet in which the screen rolls up out of the cabinet like a motorized shade – only rolling up. LG had shown it more as a concept piece back at the 2019 CES – a demonstration of the technology, but not a real product at that time.
Now, rollable OLED TV is for real.
See more on the remarkable LG rollable 4K OLED TV…
[Read more…] about LG’s Highly Unique ‘Rollable’ 4K OLED TV Finally Rolls into the U.S. MarketSputtering Supply Chain Hit Again – Surge of COVID in Vietnam Closes Factories
Brands Like Apple, Samsung, Nike & Adidas Have Been Forced to Close
In a new hit to the supply chain, top brands report that they have been forced to close down factories in Vietnam as the country struggles with a COVID resurgence of surprising resiliency. Notable brand names like Samsung, Nike, Adidas, Apple, Coca-Cola have all at one time or another over the last 90-days been forced to close some or all of their factories as employees came down with the illness.
See more on this new supply chain disruption…
[Read more…] about Sputtering Supply Chain Hit Again – Surge of COVID in Vietnam Closes FactoriesThe New West Coast Experience Center for Savant? A Stunner…
Nestled in the hills over the Nevada plains, not far from the bright lights of Las Vegas, Savant Systems partnered with design-led development firm Blue Heron and integrator Eagle Sentry to create what they call their West Coast Experience Center – otherwise known as a stunning residential home showcasing a million dollars worth of Savant technology (as well as a few technology partners). The ultra-modern home, clearly destined for an ultra-rich niche, featured a design that was – to my eyes – just stunning…and the installation is a true testament to Savant’s theory that installed AV should be “hidden in plain sight.”
You’re going to want to see Savant’s new West Coast Experience Center…
[Read more…] about The New West Coast Experience Center for Savant? A Stunner…Crestron CEO Randy Klein Announces His Retirement
Crestron Electronics announced on Friday that long-time company President and CEO Randy Klein will retire from the company “later this year.” The news was a bit of a surprise and the company said that Crestron Chairman and COO Dan Feldstein – son of company founder George Feldstein – will assume the role of President and CEO after Klein retires.
See more on this changing of the guard at Crestron
[Read more…] about Crestron CEO Randy Klein Announces His RetirementCrestron Home is Center of Attention in a Pair of New Partnerships
Somfy and Josh.ai Say Dealers Demanded They Partner with Crestron Home
Ever since Crestron launched Crestron Home it became obvious that there had been a sea change in the company’s go-forward strategy. The new Home operating system was easier to program and deploy, more visually attractive for end-users, and more clearly differentiated from their more robust high-end programming solutions. But also, the company’s style of operation changed as well, from doing it all in-house to opening itself up to partnerships.
Now we learn of two more in a long line of technology partnerships as the company continues to evolve and propel Crestron Home down the path to becoming the dominant smart home OS in the industry. The new partnerships are with Josh.ai and Somfy, both well-regarded technology players in the custom integration channel.
See more on the new Crestron, Josh.ai, and Somfy partnerships
[Read more…] about Crestron Home is Center of Attention in a Pair of New PartnershipsWhy a Study Conducted in Iceland Just Might Rock Your (Work) World
While there were many horrible ramifications of the COVID-19 pandemic that sickened and killed many Americans and people around the world, one interesting byproduct has been a renewed look at our world of work and how it can be changed and/or improved. News organizations around the world are just now talking about the results of a recently concluded study in Iceland that may change our world of work forever.
See what researchers discovered about work & productivity in Iceland…
[Read more…] about Why a Study Conducted in Iceland Just Might Rock Your (Work) WorldLG Hits All-New Record in Preliminary Fiscal 2021 2nd Quarter Results
LG Electronics Inc (LG) released preliminary results for their fiscal 2021 second quarter, and they were an eye-opener. In fact, even in the wake of their surprising decision to exit the smartphone business, the company says they booked an all-new record in the quarter.