France’s Legrand announced today it has signed an agreement to acquire Milestone AV Technologies in a deal valued at $950 million. The deal is another example of continued industry consolidation, although in this case, it was largely a play by Legrand for Milestone’s predominantly commercial business rather than the residential portfolio.
NuVo
Legrand Will Pay You Cash to Sell Nuvo Speakers
Legrand announced this week that it is launching a cash rebate program for installers on 17 recently launched Nuvo speaker products. This sales incentive program is being offered both to dealers who buy Nuvo direct, and those who purchase Nuvo products through distributors.
See more on this “cash reward’ program on select Nuvo products… [Read more…] about Legrand Will Pay You Cash to Sell Nuvo Speakers
NuVo Moves Beyond Integrators with New Wireless System Launched at CES 2013
NuVo Technologies, a darling of the custom integration industry, has launched a new wireless system that it intends to market for self-installation by consumers – bypassing integrators and installers altogether. The new system is being shown at CES 2013 and the company claims its so easy to set up that “just about anyone can.”
Learn more about this surprising new system from NuVo… [Read more…] about NuVo Moves Beyond Integrators with New Wireless System Launched at CES 2013
France’s Legrand Buys NuVo Technologies
The French conglomerate Legrand’s North American subsidiary announced today that it has purchased Hebron, Kentucky-based NuVo Technologies, LLC. NuVo, a whole house audio solutions provider will continue to run as a freestanding, independent company focusing on the home audio market according to the Legrade announcement. While the products will continue to feature the NuVo brand, the company will now operate under the auspices of Legrand’s Home Systems division.
