Strategy in TECH...
This week, ProSource announced that it was expanding its leadership team by adding well-known retail industry executive Jim Pearse as its new President. The duties of the president were once part of CEO Dave Workman’s role, but the group says this management team expansion is now necessary to support the group’s continued growth.
Future Ready Solutions (FRS), a distributor of cable and connectivity products, announced this week that it has appointed Lawrence Davis as Vice President of Business Development. Davis has a long career in tech, mostly in sales management for a wide range of prominent brands.
In a Zoom interview last week, I sought to take more of a measure of the man who now runs CEDIA, its new Global President and Chief Executive Officer Daryl Friedman. We first met, and I first told you about Friedman, back when his selection was first announced to the world just a little over 100 days ago. Friedman was in a series of round-robin press interviews and we only had a few minutes to interact. Now, 106 days later (at the time of this interview) he’s traveled the country, gotten his feet wet, and had much more depth of thoughts to share with Strata-gee readers.
Crestron Electronics announced today that it is acquiring 1 Beyond, an innovative provider of intelligent video products that enable more effective meetings – especially meetings that blend in-office and remote participants, known as hybrid meetings. The company said that the 1 Beyond team will stay at their existing base in Boston, MA. The terms of the deal were not released.
So Sony has just pulled a major donut – finally coming full circle. Sony Group’s CEO stood alongside Honda Motor’s CEO as the two companies announced that they were forming a joint venture with automotive manufacturing powerhouse Honda agreeing to partner with the sensor and mobile entertainment electronics king Sony to actually manufacture electric vehicles (EVs) – or what we’ve known up to this point as the Sony Vision-S vehicles. At last, our trip down the long and winding (and confusing) road has arrived at a final destination.
And with this announcement, we now have tech’s newest power couple…
Russound announced today that it is partnering with D-Tools, a leading software provider of system design tools, to offer a new productivity solution to its dealers. The company says this new program will turbocharger their dealers’ productivity.
Respected high-performance speaker maker ELAC announced this week that they are branching into the equipment protection product category by launching a series of surge protectors and power conditioners under the Protek name. But this new line is not just any ordinary equipment protection devices, the company applies its clever engineering capabilities to deliver an upgraded, higher-performing protection solution.
Here we go again! Yet another major blow has been dealt to the supply chain, this time from another round of COVID-19 hitting China, forcing lockdowns in many critical areas of the country – including Shenzhen. You may or may not know that much of the electronics goods manufactured in China come out of the Shenzhen region – so we all have a direct connection to the impact of this development. Add to this, new reports of container costs rising again and transportation disruptions from the Russian invasion of Ukraine. What’s next?
Last Friday, Snap One held a Virtual Partner Summit in which they unveiled a whole roster of new products to dealers participating in the online event. It was an impressive launch in key product areas for the company including OvrC, audio, new controllers, new soundbar and wireless sub, new architectural speakers, a major new operating system upgrade called OS 3.3.0, and more.
Certainly, the biggest news story of the year has been the dramatic and horrific invasion of Ukraine by Russia. This invasion was undertaken for illegitimate reasons and has resulted in an almost unbearable amount of pain for Ukrainian soldiers and citizens. The dismal news coming out of the region has forced countries, alliances, and even businesses to reassess their relationship with the clear aggressor in the war, Russia. Now, this reckoning has come to the Tech industry as well.
