Home automation company Control4 shares make trading debut

Shares of Control4 Corp., a Salt Lake City-based company that provides home automation systems, made their trading debut on the Nasdaq stock market Friday morning.

The company, which was founded in 2003 and has automated more than 120,000 homes since then, sold 4 million shares of its stock for $16 each, raising $64 million.

At the close of trading Friday, the company’s shares were $20.05, up $4.05 (25.31 percent) per share for the day.

In midday trading, the company’s shares were up $3.40 over their initial offering price, or 21.25 percent.

"This is one important day of many more to come," said Martin Plaehn, Control4’s president and chief executive. "There are tens of millions of families that can benefit from our technology and our goal is to connect the devices in those homes so they can all work together and improve people’s lives."

Meridian Introduces the Director DAC

Meridian's Director is the simple and direct way to enjoy higher quality audio from your system.

Why LG Bypassed Specialty Retailers on OLED TV Launch

LG Electronics USA is bypassing the specialty CE channel to give Best Buy's Magnolia stores a jump on selling its new CURVED OLED 55-inch TVs. LG launched the set at the Magnolia Design Center in Best Buy's flagship Richfield, Minn., store on Monday.

While consumers can see and order the $14,999 OLED TV at the Richfield location, the sets won't begin shipping for a few weeks. Best Buy will roll out the TVs at Magnolia stores in nine cities - including Los Angeles, New York, Miami, Houston, Dallas, Chicago, Seattle and San Antonio - during the summer.

James Fishler , senior vice president marketing LG Electronics USA, said the OLED TVs will be available to specialty dealers "in a couple of months." He would not provide a specific timeframe or say which dealers would have access to the sets. The Magnolia stores, he said, are one of the best venues for LG to introduce its new TV technologies.

"It's hard for manufacturers to get credit for enhancements in picture quality," Fishler told Dealerscope before the unveiling of the CURVED OLED TV at the Richfield Best Buy. "That's why we decided to partner with Magnolia, because they have the staff that can help explain it and simply showcase it."


First ENERGY STAR® Certified OLED TV Is 'CURVED OLED' From LG Electronics

Now Available to U.S. Consumers, New Super-Thin TV Combines Energy Efficiency, Picture Quality, Unique Design

Denon's IN-Command and E-Series Home Theater Receivers: New Names but the Same "Denon Difference"-With Added Features

Two new series of A/V receivers replace Denon's previous models, offering even-better home entertainment solutions for every budget, preference, and lifestyle.

FSR Unleashes Multi-Format Scaling Matrix Switcher

Reduces the challenges associated with integrating legacy analog gear with newly installed digital video products.

Affordable presentation switcher

A new multi-format video switch now available from Smart-e Limited offers significant savings for connecting multi-format video signals.

HARMAN's JBL Professional PRX700 Series Redefines Premium Performance for Portable PA Loudspeakers

Bryan Bradley, GM, HARMAN Professional Loudspeaker Group: "The PRX700 Series demonstrates JBL Professional's ability to deliver world-class technology at all price points, so that all customers have access to the best loudspeaker technology in the industry."

1 August 2013 For Immediate Release Lab.gruppen introduces new LUCIA decentralized installation amplifier

Putting power and audio processing exactly where it is required

Extron Now Shipping New Market-Leading Speaker Innovation for Suspended Ceilings

A unique design that greatly simplifies ceiling speaker installation and delivers significant time and cost savings

HARMAN's JBL Professional 3 Series Sets the Standard for Performance and Price in Studio Monitor Category

Bryan Bradley, GM, HARMAN Professional Loudspeaker Group: "The simultaneous launch of 3 Series Studio Monitors and our new PRX700 portable powered loudspeakers is an expression of our commitment and passion for the audio industry and our ongoing investment in innovation. It gives us great pleasure to present our customers with these new JBL lines developed to take their projects to the highest possible level."

CYBERPOWERPC Announces the Fang Taipan M2 Gaming Laptop -- Build Your Own Gaming PC, Your Way

CyberPower Inc. does not believe in cookie-cutter laptop PCs that leave you with few options for customization. The company today unveiled its Fang Taipan M2, a gaming laptop that comes one way: your way. The Fang Taipan M2 is the ultimate gaming laptop that can be customized for every buyer.

Severtson Screens Features Se"Vision 3D GX "Micro Perf" Curved Screens at 2013 CEDIA Expo

Now Shipping, the Se"Vision 3D GX Offers the Ultimate 3D Visual Experience, and is Perfect for Both Fixed and Electric/Motorized Applications in Home Theaters, Movie Theaters, Schools, Offices, Museums, Resorts, etc.

Honeywell Introduces Online Energy Savings Calculator To Save Homeowners Energy And Money

New Tool Helps Consumers Make Better Decisions as They Choose Programmable Thermostats for Their Homes

Announcing the New INSTEON Decorator-Style Screwless Wall Plates

INSTEON Wall Plates Provide a Matching Frame for INSTEON Switches, Keypads and Outlets

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Automation & Control - Featured Product

ELK Products -M1 GOLD with Two-Way Wireless

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