Strata-gee.com

Strategy in TECH...

You are here: Home / Archives for News

News

Masimo COO Sends Conditional Letter of Resignation to the Board

by Leave a Comment

Masimo COO Bilal Muhsin

Bilal Muhsin Has ‘No Intention of Remaining’…’If Quentin Koffey…Take[s] Control’

In a new filing with the Securities and Exchange Commission (SEC), Masimo Corporation (Nasdaq: MASI) reveals that Bilal Muhsin, its Chief Operating Officer (COO) has sent a conditional letter of resignation to the Board of Directors. The move is yet another escalation in the proxy war for control of the company between Masimo management and activist investment group Politan Capital Management – one of the company’s largest shareholders that already holds two seats on its Board.

See more on this resignation of the Masimo COO

[Read more…] about Masimo COO Sends Conditional Letter of Resignation to the Board

It May Be Hot in NJ, But the Country is Hit by a Blizzard of Masimo Filings

by 3 Comments

Masimo from proxy website

Politan: Sound United Must Go

The annual Masimo (Nasdaq: MASI) shareholder meeting is now just four weeks away, and on Wednesday we saw a blizzard of proxy filings by both Masimo management and activist investor Politan Capital Management. The gloves are off and the pugilists are swinging. But how is this fight shaping up? Who has the upper hand?

See more on the Masimo vs. Politan proxy battle

[Read more…] about It May Be Hot in NJ, But the Country is Hit by a Blizzard of Masimo Filings

Jeff Murray, CEO of AVPro Global, Named ‘Person of the Year’ at InfoComm

by 1 Comment

AVPro Global booth at InfoComm 2024

Jeff Murray, CEO of AVPro Global Holdings (parent of AudioControl), was named “Person of the Year” at InfoComm 2024 by Commercial Integrator (CI) magazine. Part of its CI Best awards program, Murray was selected as its first-ever Person of the Year, a new category for the award program.

See more on Jeff Murray of AVPro Global named Person of the Year

[Read more…] about Jeff Murray, CEO of AVPro Global, Named ‘Person of the Year’ at InfoComm

Krell Owner Rondi D’Agostino Dies; Iconic Audio Brand Loses Guiding Light

by 3 Comments

Rondi D'Agostino with her dog

Tributes on social media began flowing over the weekend as news emerged late last week that Rondi D’Agostino, co-founder of premium audio brand Krell, had died. While details on the passing remain sparse, the high-end community is mourning the loss of the leader of an iconic audio brand.

See more on the passing of Rondi D’Agostino

[Read more…] about Krell Owner Rondi D’Agostino Dies; Iconic Audio Brand Loses Guiding Light

Azione Unlimited Elects OneVision Executive to Board of Advisors

by Leave a Comment

Azione Unlimited, part of the Nationwide Marketing Group family of dealer buying groups, announced this week that Brad Camp has been elected to the organization’s Board of Advisors. Unique to the world of buying groups, Azione not only places executives from the dealers who are members of the organization on their Board, but also seats executives from vendors and supporting service organizations.

See more about Azione electing Camp to its Board of Advisors

[Read more…] about Azione Unlimited Elects OneVision Executive to Board of Advisors

Tidal Says All MQA Titles Will Be Deleted From the Service by July 24th

by 2 Comments

Tidal and MQA logos separating

Tidal Music AS (Tidal) has announced that users “will no longer be able to access music in the MQA or 360 Reality Audio formats via any TIDAL application or integration.” So that’s that…MQA is done and gone…as of July 24, 2024. The company says it will replace all MQA tracks with “the highest quality FLAC version” available.

See more on Tidal eliminating MQA from its service

[Read more…] about Tidal Says All MQA Titles Will Be Deleted From the Service by July 24th

Resideo, New Owner of Snap One & Control4, Reports Fiscal 2024 Q1 Results

by Leave a Comment

Resideo cover page for Q1 2024 results

Resideo & Snap One Deal Expected to Close Friday, June 14th

Resideo Technologies, Inc. (NYSE: REZI), a manufacturer and distributor of security and related products for business and home – and soon to be the new owner of Snap One and Control4 – announced its fiscal 2024, first quarter financial results. Considering the looming event that will make Resideo an important partner to many in the custom integration business – the closing of its acquisition of Snap One/Control4 on Friday, June 14, 2024 – I am launching a more detailed coverage of the company.

So…given that Resideo is about to spend $1.4 billion, or 20% of their gross revenues – to acquire Snap One, you’d think that things must be going really, really well for Resideo. But are they???

See how Resideo did in its first quarter of fiscal 2024

[Read more…] about Resideo, New Owner of Snap One & Control4, Reports Fiscal 2024 Q1 Results

ELAC Launches Debut 3.0 with Legendary Sound in Upgraded Style

by Leave a Comment

ELAC Debut 3.0 loudspeakers
The new Debut 3.0 loudspeaker line from ELAC [Click to enlarge]

High-performance, affordable speaker manufacturer ELAC announced this week that it is launching its Debut 3.0 line of loudspeakers. The Debut 3.0, the company says, is the perfect blend of legendary ELAC sound performance in a style that is upgraded over some of its previous designs.

Learn more about this all-new ELAC Debut 3.0 loudspeaker line…

[Read more…] about ELAC Launches Debut 3.0 with Legendary Sound in Upgraded Style

MESSY-mo! Masimo is a Mess – Proxy War, Board Battles, Spin-Off Conflict, Whole Co. Up for Sale, JV Partner Emerges, DOJ & SEC Investigations

by 1 Comment

Masimo proxy cover image

The Future of Sound United Continues to Hang in the Balance

SEE STORY UPDATE NEAR END – It is total pandemonium in Masimo land as the company and Politan are engaged in a massive and really, really ugly proxy war ahead of the company’s annual meeting scheduled for July 25, 2024, at the Masimo headquarters in Irvine, CA. Details in dueling proxy filings so far have revealed many things we didn’t know up to now. And almost none of what has been revealed…is good.

Company CEO Kiani is in a fight for his professional life…Sound United is dangling in the wind of an uncertain future – and, frankly, even the entire company’s path forward is a question mark.

See More on matters at Masimo and the Sound United situation…

[Read more…] about MESSY-mo! Masimo is a Mess – Proxy War, Board Battles, Spin-Off Conflict, Whole Co. Up for Sale, JV Partner Emerges, DOJ & SEC Investigations

Atlantic Home Entertainment to Demo Premium A/V Gear at T.H.E. Show SoCal

by Leave a Comment

Atlantic Home Entertainment & Stereo owners Tom Farinola & Monique Farinola
Atlantic Home Entertainment & Stereo owners Tom Farinola, Monique Farinola, and Krypto Farinola

Atlantic Home Entertainment and Stereo, a Southern California-based integrator, will be demonstrating some of its top-performing audio/visual brands in installations appearing in multiple lounges at the upcoming T.H.E. Show SoCal taking place this year from June 7-9 at the Hilton Orange County/Costa Mesa. Now in its 28th year, T.H.E. Show draws some of the top brands in high-end specialty electronics, speakers, and headphones. Last year the event drew around 6,600 attendees.

See more about Atlantic Home Entertainment appearing at T.H.E. Show SoCal

[Read more…] about Atlantic Home Entertainment to Demo Premium A/V Gear at T.H.E. Show SoCal