We first met the Rosewater Energy Group at the 2012 CEDIA Expo – a coming out party for the new company that makes a residential energy storage hub with batteries to store your energy from either the power company or renewable sources (i.e. solar or wind) and a capacity large enough to power your whole home with processed and purified 115 volt sine-wave power. Founded by well-known industry personality Joe Piccirilli, Rosewater is on the leading edge of a new concept in energy delivery, storage, and usage.
Strategy
Panasonic Pulls the Plug on Plasma
BREAKING NEWS
Multiple news outlets including Reuters, Bloomberg, and the Nikkei reported today that sources at Panasonic are saying the company will exit the plasma TV business by the end of this fiscal year, which ends in March 2014. The news, while not totally surprising, means that there will be no plants anywhere in Japan producing plasma sets, and is likely the beginning of the end for the technology as LCD continues to take a greater share of even larger screen sizes.
See more on this surprising news out of Osaka, Japan… [Read more…] about Panasonic Pulls the Plug on Plasma
Buying Group Kerfuffle Continues to Smolder
Yesterday, we reported on an unusual flare-up involving Azione Unlimited, VIA International, and the Home Technology Specialists of America (HTSA) – initially fueled by a press release from Azione that announced VIA was resigning all buying groups. In the wake of this announcement, we contacted both VIA and HTSA, who suggested that Azione’s release was not accurate.
Our post yesterday reported what both sides were saying. But today, they said more…as the kerfuffle continues… [Read more…] about Buying Group Kerfuffle Continues to Smolder
Azione Notifies Market that VIA International Resigns from All Buying Groups – VIA & HTSA Respond
The new retail buying group Azione Unlimited announced today that VIA International – a new mega-integrator made up of six separate integration companies merged into one – has resigned from all buying groups, effective October 1st. The announcement caught our eye as it was only tangentially about Azione (who lost two members as a result), yet offered assertions about VIA’s actions with no apparent participation from anyone at VIA.
VIA…and HTSA…react to Azione’s press release… [Read more…] about Azione Notifies Market that VIA International Resigns from All Buying Groups – VIA & HTSA Respond
TiO – Turn it On – It Just Might Turn YOU On
Perhaps it is a touch poetic that TiO, the new division launched by Automated Control Technology Partners, and the company that emerged from the ruins of Colorado vNet (then 3vNet) – should launch their exciting new home automation system the year that CEDIA returns to Colorado. We’ve seen the system, and even though we have yet to have the opportunity to operate it (it was a non-powered display) we saw enough to strongly advise that you get to know it…and quickly.
In fact, if you are at CEDIA, we would recommend you set your sights on the Tio booth #3628… [Read more…] about TiO – Turn it On – It Just Might Turn YOU On
Gibson Brands Strikes Again – Seeks to Acquire Cakewalk from Roland
Gibson Brands announced this week that it it has signed a letter of intent with Roland Corp. and Cakewalk, Inc. to acquire Cakewalk Inc., a music software company, for an undisclosed amount. The deal is pursuant to the successful negotiation and execution of a definitive agreement.
And with acquisition, Gibson says it will launch a new brand, Tascam Professional Software to sell the Cakewalk product line. See more on this acquisition below… [Read more…] about Gibson Brands Strikes Again – Seeks to Acquire Cakewalk from Roland
Ex-Niles Audio President Frank Sterns Appointed VP of Custom Installation at Sony
BREAKING NEWS
We have learned today that former President of Niles Audio, Frank Sterns, is now the Vice President of Custom Installation at Sony Corp. This new appointment, effective this week, marks a significant change for Sterns who has been consulting to a variety of primarily smaller custom integration brands for the last two years.
See more on Sterns appointment at Sony… [Read more…] about Ex-Niles Audio President Frank Sterns Appointed VP of Custom Installation at Sony
Gibson Brands Goes Looking for an Advertising Agency on AMC’s ‘The Pitch’
Gibson Brands (formerly Gibson Guitar) announced today that CEO Henry Juszkiewicz will be featured on an episode in season two of AMC’s reality show “The Pitch.” The show chronicles the steps that rival advertising agencies go through to win new clients.
See more on Gibson’s participation on ‘The Pitch’… [Read more…] about Gibson Brands Goes Looking for an Advertising Agency on AMC’s ‘The Pitch’
What DOW Electronics Really Gets in Acquiring Shifting Sands Stereo Distributing
In yet further indication of industry consolidation, Tampa, FL-based Dow Electronics announced this week that it would acquire Shifting Sands Stereo Distributing, Inc. of Dania, FL. Shifting Sands (SSSD) is a well-known custom electronics-oriented distributor that was also one of the founding members of the Digital Delivery Group – a national distributor group.
See more on this dramatic development impacting the entire Southeast… [Read more…] about What DOW Electronics Really Gets in Acquiring Shifting Sands Stereo Distributing
Core Brands Hires New Marketing VP to Replace Starkey
In an announcement considered a surprise by most in the industry – Core Brands announced that it has named Joe Roberts as VP of products and marketing. Roberts will replace Paul Starkey, the former President of Core Brands’ Elan division and, most recently, Senior VP of Marketing for the company.