Onkyo Corporation, parent of the Onkyo, Integra, and Pioneer AV brands, is expanding its OEM business unit to help build its business and offset losses it has experienced over the last five years, according to a report by the Nikkei in Japan. Investors are said to be skeptical of the move, but the company is targeting the automotive segment in India where they expect to see significant growth.
Strategy
CEDIA Expo18: Vanco in Major Audio Expansion
Vanco has always seemed to be that reliable supplier in the background providing a steady stream of solutions like cables, connectors, and other accessories – not particularly glitzy or exciting, but steady and there. Well all that is about to change I learned when I spoke with Mark Corbin, Vanco’s recently appointed President at CEDIA Expo18 earlier this month. The company has begun a big initiative to become a major player in a category near and dear to my heart…audio.
See how Vanco is attacking the audio business with gusto… [Read more…] about CEDIA Expo18: Vanco in Major Audio Expansion
Krell’s Comeback Commences, See How Here
At CEDIA Expo 2018, I had the opportunity to meet with Krell Industries executives Walter Schofield and Gordon Shackelford to learn more about the steps the company is taking to address market concerns in the wake of a lot of nasty rumors about Krell’s viability. Step one of the new direction for Krell involved the hiring of Walter Scofield as its new Chief Operating Officer as Strata-gee recently reported just a few weeks ago. In this meeting, I was to learn of more steps coming.
See what Krell execs told me about the company’s comeback… [Read more…] about Krell’s Comeback Commences, See How Here
Sonos Gets Serious about Integration with Amp
Partners with Sonance; Expands Developers; Opens Up API
Sonos announced a new product today called Amp. Amp is essentially everything Sonos offers for wireless powered speakers…for a normal wired passive speaker system. This opens the door to allow the integration of a wide range of third-party speakers into the Sonos ecosphere. But Sonos views Amp as much more than that – as the heart and start of integrating Sonos into a sophisticated smart home installation.
In short, Sonos is getting serious about custom integration… [Read more…] about Sonos Gets Serious about Integration with Amp
Parent of Mission & QUAD Signs Deal with DTS
DTS announced this week that is has signed on International Audio Group (IAG), parent company of Mission and QUAD, as a new hardware partner in the DTS Play-Fi whole-home audio ecosystem. IAG joins a growing sphere of major brands supporting the DTS multi-room, wireless music system.
See more on this new DTS/IAG partnership… [Read more…] about Parent of Mission & QUAD Signs Deal with DTS
The Top 3 Integration Trade Media Groups Were All Acquired in Last 12 Months
Just What the Heck is Going On Here?
On Tuesday we learned that select properties of EH Media – owner of CEPro, Commercial Integrator, Security Sales & Integration, Campus Safety and others – had been acquired by Emerald Expositions (the new owner of the CEDIA Expo). Earlier this year, U.K.-based Future plc, a global media company, acquired U.S.-based NewBay Media – parent of Residential Systems, Sound & Video Contractor, AVTechnology and others. And almost exactly one year ago, IFA – producer of the largest consumer electronics trade show in the world (held in Europe) – “partnered” or acquired a significant stake in NAPCO Media’s consumer technology division – parent of Dealerscope, Technology Integrator, and Connected Design.
So that’s three of the top custom integration trade media companies all acquired within the last 12 months. What the heck is going on here?
It’s crazy days in the CI trade media world… [Read more…] about The Top 3 Integration Trade Media Groups Were All Acquired in Last 12 Months
Are You Prepared for the Coming Recession?
Five Steps to Take Now to Protect Your Business
Occasionally, I’ll chat with an integrator or other industry colleague about that ugly shared nightmare experience, otherwise known as the recession of 2007-2009. This recession, unlike others in the past, zeroed in like a torpedo on the residential construction market and dramatically reshaped the custom integration industry. For those of you joining the industry since that time, you dodged the bullet…but you also missed the lessons that survivors were forced to learn in order to keep afloat.
Why you need to prepare now for the next recession… [Read more…] about Are You Prepared for the Coming Recession?
Monoprice: King of Cut-Rate Cables, Expands
Intros ‘Carbon Collection’ of Home Décor Items
Monoprice, the company most successful at pursuing a low-price, cut-rate strategy in regards to cables, adapters, and accessories, and the bane of many upscale cable companies in the consumer electronics space, has continued to grow and expand, now adding housewares and home goods to their growing assortment.
See more on what Monoprice has been up to recently… [Read more…] about Monoprice: King of Cut-Rate Cables, Expands
Deep Dive: New Dana Innovations HQ & Training Ctr
Strata-gee Goes Through Dana Innovations 2-Day Training
For some time now, I’ve been picking up a lot of buzz about the new San Clemente, CA headquarters building of Dana Innovations, said to be a major upgrade from their previous digs and outfitted with an optimized, multi-room training center. Dana Innovations, parent company of power CI brands such as Sonance, iPort, and Trufig, is one of the top custom integration solutions providers of in-wall/in-ceiling speakers, multichannel amplifiers, keypads, touch panels, and more. They also are renown for their dealer training program, which the company runs year round.
So when I got an invitation to visit their facility close-up, I jumped at it. I’m not sure I knew what I was getting myself into…
Dana Innovations puts me through their intense 2-day training regime… [Read more…] about Deep Dive: New Dana Innovations HQ & Training Ctr
Savant Partners with AVAD in Push for Market Expansion
New Tools & Partners Open the Door to Entry-Level Buyers
Savant Systems LLC, one of the leading control and home automation brands in custom integration, has made two significant announcements recently, both sent within just a matter of three weeks between them. First was the announcement of new software tools: Savant Central Management, a new cloud-based management software, and Studio, an iPad-based field configuration tool. This announcement was followed with a second one – Savant is partnering with AVAD, a national custom integration-focused distributor with 20 locations across the U.S.
