It is with great sadness that I announce the passing of my colleague and good friend Craig Bell. Craig was one-of-a-kind and his contribution to this world was significant. Craig was with Bryston for over 25 years as our V/P of sales and marketing in the USA. His professionalism and sense of humor was something I admired in him greatly. He had a way of cutting through the clutter of life and getting to the root of any given issue.
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Here we go again, a complete disconnect between fundamentals and valuation. Snapchat, a social media company known for its disappearing photo app, that lost $515 million in 2016 and $404 million in 2015, went public on Thursday and as of closing today, the stock has surged 55% to $27.09 per share giving the company a market valuation of $31 billion.
"If you're ready to take a global approach to distribution in a rapidly changing ProAV industry, Stampede has the infrastructure, resources, talent, and programs to make that dream an immediate commercial reality" - that's the message delivered by Stampede President & COO Kevin Kelly to more than 200 vendors, sales team members, and industry analysts that made the 2016 Stampede Vendor Summit
The Power Audio Video Group Vendor Fair buying show in Montreal, which took place from September 18-20, attracted more than 300 dealers, many representing multiple locations under the AVU, FotoSource, Le Clef de Sol and SonX Plus banners.
Audio brand Marantz, announces the HD-CD1, a Premium-class CD Player in a mid-size design. While small in size, it makes use of state-of-the-art Marantz technology carried over from the company's high-end CD players, including the HDAM-SA2 amplifier modules. This unit builds on the success of HD-DAC1 Headphone Amplifier and HD-AMP1 Integrated Amplifier. The new HD-CD1 CD Player is expected to be available in September for $799 CDN.
Last night could not have gotten any better down by the lake in old Oakville. A warm, steady breeze had sailboats heeling, seagulls were fishing at the river's mouth creating a magnificent back drop against the lighthouse - If I had taken a picture and told you I was in Nantucket you'd have believed me.
Erikson Consumer has announced that the company has been named the exclusive Canadian distributor for premium New York City-based headphone brand Master & Dynamic. Erikson will carry Master & Dynamic's full headphone line including the widely praised MW60 Wireless over ear headphones and the ME05 earphones.
In an open letter posted at medium.com, teach leaders portray Donald Trump as a leader that lacks innovation who would be disastrous for technology if he were to be successful in his bid to become the President of the United States. "Donald Trump proposes "shutting down" parts of the Internet as a security strategy - demonstrating both poor judgment and ignorance about how technology works"
Kingswood Capital Management a private equity investment firm, has announced that it has acquired AVAD, LLC, including its wholly owned subsidiary, AVAD Canada Ltd.
Cembalo Audio Laboratories has announced the appointment of D2MK Solutions as its Canadian sales representative. Founded by Canadian designer Philip Marvin, Cembalo Audio Laboratories is a proudly Canadian high-end audio manufacture that designs a headphone amplifier branded "Spring 1" hand crafted in Canada.
A new study released today from Juniper Research has found that smartphone and tablet-based mobile point-of sale terminals offered by companies such as Montreal-based Lightspeed, or app based solutions such as Square, will take on a significant role in businesses, handling 40% of the estimated $12.1 trillion in retail transactions by 2021, up from an expected 12% in 2016.