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At Long Last, New Nest Products are Coming

March 9, 2017 by Ted Leave a Comment

Four New Models Would Double the Nest Line

nest logoBloomberg News is reporting that, after a long wait, Google Alphabet’s Nest division is finally preparing to launch multiple new models. Nest, which is seeking to become a dominant player in the connected home space, has laid relatively dormant in the wake of the tumultuous exit of founder Tony Fadell. Now, Bloomberg tells us, things will begin to heat up with new models to expand the product segments in which the company participates.

Find out what new items are coming from Nest by reading on… [Read more…] about At Long Last, New Nest Products are Coming

Filed Under: Brands, News, Pivot Point, Products, Tech Trends Tagged With: Alphabet, connected home, Google, Nest, smart home, Tony Fadell

Nortek Parent Melrose Reports Higher Margins & Sales

March 8, 2017 by Ted Leave a Comment

Melrose logoMelrose Industries PLC, an engineering turnaround company that recently acquired Nortek, Inc. (parent company of Core Brands) announced last week that it sees margins improving at Nortek already, even though it only acquired the company just last year. Not only that, but thanks to adding Nortek to its stable of investments, Melrose has seen its revenues triple – driving its stock to a record high.

See more on what Melrose had to say about Nortek… [Read more…] about Nortek Parent Melrose Reports Higher Margins & Sales

Filed Under: Brands, Financial, Management, Manufacturers, News, Pivot Point Tagged With: Core Brands, Elan, Melrose Industries PLC, Niles Audio, Nortek, SpeakerCraft, Xantech

Gibson Brands Successfully Refinances Significant Debt

March 8, 2017 by Ted Leave a Comment

Logo for Gibson BrandsB. Riley & Co., a full service investment bank, announced the closing of a series of refinancing transactions that have completely restructured the outstanding significant debt of Gibson Brands, Inc. Gibson, as we have reported on regularly, entered the consumer electronics space back in 2012, investing in brands such as Onkyo/Integra, Teac, and buying Philips accessory business. Recently, the company appeared to be running into debt difficulties, perhaps from taking on debt to purchase these companies.

See more on this debt restructuring by Gibson… [Read more…] about Gibson Brands Successfully Refinances Significant Debt

Filed Under: Brands, Financial, Management, Manufacturers, News, Pivot Point Tagged With: B. Riley & Co, Bank of America, Gibson Brands, GSO Capital Partners

Samsung Makes a Strategic Investment into an IoT Security Company

March 2, 2017 by Ted Leave a Comment

Samsung logoSamsung Electronics has made another major investment in the Internet of Things (IoT) space, becoming an early stage Series A investor in Bayshore Networks. The company made the investment via its Samsung NEXT Venture fund, an investment fund created by the company to find and take positions in companies that are driving businesses that will yield future profits for the company.

Who is Bayshore Networks and why did Samsung invest in them?… [Read more…] about Samsung Makes a Strategic Investment into an IoT Security Company

Filed Under: Asian Connection, Financial, Industry Trends, Management, Manufacturers, News, Research, Tech Trends Tagged With: Bayshore Networks, IoT, Samsung Electronics

Atlantic Technology Names Mike Miller as National Sales Manager

March 2, 2017 by Ted Leave a Comment

Photo of Mike Miller

 

Atlantic Technology, the specialty loudspeaker manufacturer home theater and architectural audio speakers based in Norwood, MA, announced this week that it has appointed Mike Miller its National Sales Manager. Miller, an experienced industry veteran, joins a company noted for its targeted, strategic products and leads the charge in driving national adoption of its solutions.

See more on this announcement from Atlantic Technology… [Read more…] about Atlantic Technology Names Mike Miller as National Sales Manager

Filed Under: Manufacturers, News, Sales Tagged With: Atlantic Technology, Mike Miller

D+M Group Sold From One PE Company to Another

March 1, 2017 by Ted 10 Comments

Sound United logosWe learned Wednesday that private equity powerhouse Bain Capital has apparently found a buyer for D+M Group, selling it off to another private equity company – Boston-based Charlesbank Capital Partners. CCP is the owner of DEI Holdings, a division of which is Sound United LLC, parent company of Polk Audio, Definitive Technology, and Polk BOOM. It is Sound United that will now also take over D+M Group and its brands Denon, Marantz, HEOS by Denon and Boston Acoustics.

See more on what we know about this deal for D+M… [Read more…] about D+M Group Sold From One PE Company to Another

Filed Under: Brands, Financial, News, Pivot Point, Strategy Tagged With: acquisition, Bain Capital, Boston Acoustics, Charlesbank Capital Partners, D&M Holdiings, D+M Group, Definitive Technology, Denon, HEOS by Denon, Jim Caudill, Kevin Duffy, Marantz, Polk, Ryan Caroll

Control4 & Triad CEOs Explain to Strata-gee Why Their Deal Makes Sense

March 1, 2017 by Ted Leave a Comment

Control4 logo, newControl4 Corp. announced Tuesday that it has decided to get into the speaker business – doing so by acquiring Triad Speakers, Inc. – whom it describes as “a leader in advanced audio technology with best-in-class, customizable speaker-solutions.” The lofty language in the announcement in praise of Triad caught us by surprise and, unlike some of their other acquisitions, we did not find this one immediately obvious.

So when given the opportunity to interview both CEOs about this unexpected development, we jumped at the chance to learn more about the “hows” and the “whys” of this unusual partnership.

See what the two CEOs told us about Control4’s acquisition of Triad… [Read more…] about Control4 & Triad CEOs Explain to Strata-gee Why Their Deal Makes Sense

Filed Under: Brands, Manufacturers, Marketing, News, Pivot Point, Strategy Tagged With: acquisition, Brad Hintze, Control4, Larry Pexton, Martin Plaehn, Triad Speakers

Integra Moves Into Distribution, Eliminating a Key Selling Point

February 23, 2017 by Ted 2 Comments

AVAD logo 2016This week we learned that Onkyo and Integra products would now be sold through AVAD, a distributor of custom integration products in the U.S. that is in the middle of changing its business model. Interestingly, this announcement came from AVAD, not from Onkyo/Integra, although Onkyo Vice President of Sales and Business Development Joe Petrillo is quoted in the official release.

But this simple announcement is being viewed as a game changer for many in the industry, who note that with the loss of its more “protected” status, Integra may have lost one of its key selling points.

See how some in the market are reacting to this decision by Integra… [Read more…] about Integra Moves Into Distribution, Eliminating a Key Selling Point

Filed Under: Distributors, Integrators, Manufacturers, News, Pivot Point, Strategy Tagged With: AVAD, Integra, Joe Petrillo, Onkyo

Existing Home Sales Hit 10-Year High

February 23, 2017 by Ted Leave a Comment

Home for sale photo

In new data released on Wednesday by the National Association of Realtors, existing home sales launched into 2017 with a 3.3% overall gain to a seasonally adjusted annual rate of 5.69 million units in January – their highest level in ten years. The organization says this result “signals resilience among consumers even in a rising interest rate environment.”

See what existing home sales means for the economy… [Read more…] about Existing Home Sales Hit 10-Year High

Filed Under: Associations, Consumer Trends, News, Research, Statistics Tagged With: Lawrence Yun, NAR, National Association of Realtors

With Company Leader Incapacitated and Heir-Apparent Arrested: Who’s In Charge at Samsung?

February 22, 2017 by Ted Leave a Comment

Samsung's Vice Chairman LeeAfter several years of non-stop success, Samsung has had a bit of a tough run lately. From exploding smartphone batteries to self-destructing washing machines to the arrest of the company’s Vice Chairman and heir-apparant…it’s been a challenging time, to say the least. But with the company Chairman Lee Kun-hee incapacitated due to failing health and his son, the Vice Chairman, now in police custody – the company’s biggest problem is a lack of leadership at the helm.

See how Samsung is addressing their leadership gap as a result of recent police action… [Read more…] about With Company Leader Incapacitated and Heir-Apparent Arrested: Who’s In Charge at Samsung?

Filed Under: Asian Connection, Crime, Management, Manufacturers, News, Pivot Point, Strategy Tagged With: Jay Y. Lee, Lee Kun-hee, Samsung Electronics

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Ted Green Bio

A former dealer, manufacturer, distributor & more. Focusing on business strategy, my goal is to help you make better decisions for greater success.

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