Audiovox, Klipsch Deal Closes

Audiovox completed its acquisition of Klipsch Group for $166 million. As a wholly owned subsidiary of Audiovox, Klipsch Group will operate as a stand-alone entity that will continue to be run by its current management team in its current Indianapolis headquarters, Audiovox said. Audiovox expects the addition of Klipsch to generate about $170 million in additional net sales and $25 million in EBITDA in fiscal 2012, which started March 1 of 2011. Revenue for the combined companies in fiscal 2012 will be around $730 million "with potential upside for growth based on market conditions and continued execution of strategic growth initiatives," the company added. Audiovox president/CEO Patrick Lavelle said the acquisition of Klipsch's worldwide properties "gives us entre into the high-end installation market at both the residential and commercial level." In addition to its top market position in the U.S., "Klipsch brands are recognized throughout EMEA, the Americas, and the Asia-Pacific region, and we plan to continue expansion into other key international markets." Lavelle continued. He also said Audiovox intends to continue to support Klipsch's R&D capabilities and its quality reputation, both of which he described as "second to none." The purchase was financed through Audiovox cash and a new $175 million asset-based revolving credit facility.

Tobii unveils the world's first eye -controlled laptop

Tobii Technology unveiled the world's first laptop with integrated eye control. The prototype laptop has been developed in collaboration with computer manufacturer Lenovo and will be shown publicly for the first time at CeBIT in Hannover, March 1-5.

Smartec presented megapixel IP -camera with CCD and SXVGA resolution

Smartec product line of the network cameras has been supplemented with the new STC-IPM3095A Day/Night IP-camera, designed for video surveillance of the applications with higher requirements for image quality.

Powerline Communication: Cost Effective Networking for the African Grid

Yitran will feature their full line of PLC networking technology at the upcoming African Utility Week in Cape Town, South Africa from March 15-17.

IMAGE Screens Introduces the Amazing Cadre Manual Masque Video Projection Screen

High-quality attention to detail on flat and curved models - like piano hinge attachments, the industry's blackest masking panels and velour frames, and optional acoustically transparent masking panels - set new standards.

Haivision Enhances Makito(TM) and Barracuda(TM) Lowest Latency H.264 Encoders With Real -Time Metadata Capabilities

Haivision Makes Serial, Network, and Embedded KLV Metadata Support Available for Popular Makito and Barracuda Compact H.264 Encoders

Niles Audio ICS Ceiling Mount Loudspeakers Named CEA Mark of Excellence Finalist

Unique design and advanced technologies in new ceiling mount loudspeakers blend seamlessly into any décor and deliver outstanding, predictable audio performance

KEF T Series Flat Panel Speakers Named CEA Mark of Excellence Award Finalist

New T Series Combines the Ultra-Thin Profile of Flat Panel Speakers with the High Definition Detail, Bass and Dynamic Range Performance of High Quality Audiophile Speakers

Jay Kelleher Named Kramer's New Consultant Relationship Manager

Accomplished Employee Takes on Important Task

IOGEAR 2 -Port Dual -View Dual -Link DVI KVMP Switch Stands Alone Among KVM Products

Feature-rich DVI KVMP switch shares video on two 30"+ dual-link DVI monitors with a single console while supporting audio, 3D Graphics and the highest resolutions for commercial or home settings.

Consumers not ready to embrace cloud -based digital locker solution for music and video

Parks Associates finds lack of single solution inhibiting consumer adoption of cloud media solutions

Jetstream HD Brings Content To Any iPad, Anywhere

You might say that the world simply doesn't need another streaming media device. And you could be right. But could we use another streaming media device that actually does something different and unique? Yeah, we could get into that. JetStream HD might be that device. Rather than being a software solution, this is actually a software + hardware combination. The product launched this week at DEMO Spring 2011, with a $199 box promising to change the way iPad users think about streamed content. In time, the product will be able to stream to iPhones, iPod touches and maybe even Android phones. The $199 box accepts an Ethernet cable, which is used to link it to a PC/media storage system in your home. From there, it can be connected to a wireless router. Than, any content on a home PC or server can be streamed to the iPad on-the-go, over the Internet. JetStream HD requires that users are authenticated via an iOS app, which ensures that only they can view the media. This enables remote access viewing of the content, and it works well with both Wi-Fi or 3G connections. Of course, 3G viewing will look a bit softer, but that's the nature of the beast.

Analog Way's Eikos awarded at the InAVation Awards 2011

Eikos by Analog Way is a powerful Multi Layer Mixer Scaler Seamless Switcher.

Analog Way announces Axion2, a new High End Remote Controller

February 2011 - Analog Way, a leading designer and manufacturer of image converters and presentation switchers, is pleased to unveil Axion2 (Ref. ARC200), a new High End Remote Controller.

Analog Way completes its Smart Series with unveiling of Smart Quad

February 2011 - Analog Way, a leading designer and manufacturer of image converters and presentation switchers, is pleased to unveil Smart Quad (Ref.SQD200), a new High Resolution Seamless Switcher dedicated to Quadravision.

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Automation & Control - Featured Product

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