Nanolumens, VisibilityOne, and Snap One Featured as Notable Figures in this Week's Audiovisual Industry News
The Pro AV industry is buzzing with recent developments, including strategic partnerships, company news, and acquisitions that are shaping the future of the sector. Here's a roundup of some of the most significant happenings.
### Strategic Partnerships
LinkLab, a rebranded services portfolio under Almo Pro AV, has partnered with Ion Visual Solutions to enhance Direct-View LED (DVLED) deployment and support for integrators nationwide. This partnership aims to provide comprehensive services, tools, and support to integrators, further strengthening the Pro AV industry's capabilities [2].
Sonance has partnered with AV Tools in Mexico to expand its professional audio solutions. This partnership leverages AV Tools' expertise and local relationships to enhance Sonance's presence in Mexico [4].
### Company News and Acquisitions
Gentex Corporation acquired VOXX International’s automotive and consumer electronics businesses for $196 million, expanding Gentex's footprint across the automotive, Pro AV, and consumer electronics markets [1].
HARMAN International announced the acquisition of Sound United, Masimo's consumer audio division, for $350 million, strengthening HARMAN's position in the premium audio market [1].
PAI Partners acquired a majority stake in Audiotonix, a global leader in professional audio mixing consoles, from Ardian. This investment supports Audiotonix's portfolio, including DiGiCo and Allen & Heath [1].
AVI Systems rebranded as FORTÉ, shifting from an AV integrator to a collaboration-centric managed service provider, reflecting the industry's shift towards IT integration and managed services [3].
### Industry Trends
The Pro AV industry is witnessing a convergence with IT, with companies shifting towards managed services and platform fluency. Microsoft's ecosystem is playing a significant role in this convergence [3]. There is also a growing emphasis on service-led business models, which are unlocking new recurring revenue streams in the AV industry [1].
### Personnel Changes and New Partnerships
AVPros.io appointed Mark Delguidice as the new VP of sales. Delguidice brings a distinguished career spanning 34 years in the AV industry [5]. Delguidice began his career in AV installation in 1991, pioneering the concept of a company dedicated to providing highly skilled AV Installation Technicians [6].
ProdataKey's cloud-based access control system allows integrators and owners to scale the system based on their unique needs. The variety of credentialing options means each business owner or system administrator can choose to utilize Bluetooth, mobile push buttons, wearable credentials, or high-security fobs and keycards to authenticate access permissions [7].
Absen has a new distribution partnership with SignNova, a value-added distributor specializing in digital display solutions [8].
Jarod Parish joined Eleven Engineering's research and development design team [9]. Rex Whitehead, Eleven Engineering EVP, sales & marketing, stated that Parish's education and experience make him the ideal fit for helping expand their technologies and product offerings.
Kramer Americas has revised its pricing structure, offering additional savings to the Americas market. The savings can be up to 30% and include key products across the Kramer AV portfolio [10].
John Dodson, in his new role at Nanolumens, works closely with partners and clients across the region to bring Nanolumens' LED solutions to various industries [11].
Juice Goose announced a new strategic partnership with GerrAudio Distribution, appointing them as the exclusive distributor for Juice Goose's rack-mountable power solutions across Canada [12].
Bridge Technologies joined the RAVENNA partner community, leveraging the power of ST 2110 to facilitate monitoring of all kinds of broadcast networks [13].
Snap One is now distributing hardware and software solutions from ProdataKey, marking its first entry into the access control space [7].
VisibilityOne has appointed John Elms as chief executive officer [14]. Elms led Critical Alert, a provider of nurse call solutions, before joining VisibilityOne.
In conclusion, the Pro AV industry is experiencing a wave of changes, with strategic partnerships, company news, and acquisitions reshaping the landscape. The industry is also witnessing a convergence with IT and a shift towards service-led business models, creating new opportunities for growth and innovation.
- The strategic partnership between LinkLab and Ion Visual Solutions focuses on enhancing Direct-View LED deployment and support for integrators, aiming to provide comprehensive services and strengthen the Pro AV industry's capabilities [2].
- HARMAN International's acquisition of Sound United, Masimo's consumer audio division, is designed to strengthen HARMAN's position in the premium audio market [1].
- In the Pro AV industry, there is a growing emphasis on service-led business models, which are unlocking new recurring revenue streams, a trend that is highlighted by AVI Systems' rebranding as FORTÉ [1].
