BEHRINGER APPOINTS STARIN AS EXCLUSIVE US DISTRIBUTOR
MUSIC Group, the corporate parent of pro audio brand Behringer has appointed Chesterton IN-based Starin Marketing. as its exclusive Fulfiller for all 50 US states and protectorates. Starin had previously represented Behringer in selected territories, with the rest of the country served by Shoreview Distribution. David O’Kelly, Vice President of Global Sales for MUSIC Group, stated, “Starin has proven to be an exceptional partner, delivering service levels that are earning praise from our dealers across America. I want to thank Shoreview for their loyal support but it became clear to us that a single source for Behringer products was in the best interest of our dealers and in turn our end users.”
Starin already distributed MUSIC Group brands Midas, Klark Teknik and Turbosound across the US exclusively. Founder/Principal Jim Starin offered, “We have a greatly expanded stock of goods that will vastly improve availability as well as national Freight and MAP programs that will greatly enhance profitability for our dealers.”
CLEARONE RESOLVES ARBITRATION PROCEEDINGS
ClearOne (Salt Lake City UT) previously reported in its periodic filings that it expected resolution by the end of 2012 of two pending arbitration matters concerning auction rate securities sold to ClearOne by Morgan Stanley & Co., Inc., and UBS Financial Services, Inc. ClearOne has determined the outcome of both matters, involving substantially identical claims against two different parties, effective January 14, 2013. Regarding the Morgan Stanley arbitration, the arbitration panel denied ClearOne’s claims in their entirety.
Regarding the UBS arbitration under a different panel, ClearOne has settled its dispute for $45 million, effective December 10, 2012. The settlement agreement was subject to confidentiality pending resolution of the related Morgan Stanley arbitration matter. The settlement award is subject to a 15% contingency legal fee payable to ClearOne’s litigation counsel.
“We are pleased the litigation surrounding auction rate securities has been settled in favor of ClearOne,” said Zee Hakimoglu, President/CEO/Chairman. “We will carefully evaluate over time, opportunities available to us and use the cash for selective infusions of technology, sales and marketing, infrastructure, and other investments to fuel our growth, as well as acquisitions that may strategically fit our business and are accretive to our performance.” |
Matrox Avio fiber-optic dual-DVI KVM extender
Matrox Avio fiber-optic dual-DVI KVM extender allows you to separate your workstation from the user environment and secure it up to 2 km away in a machine room.
Avio extends uncompressed data over a single fiber-optic cable and doesn't introduce any latency. Users experience the same system performance—fast 3D graphics and smooth HD, 2K and 4K video, without any cursor/mouse lag or dropped frames.
Compared to CAT5 type copper extenders, a fiber-optic solution supports longer distances and delivers better overall performance as it provides larger bandwidth to extend multiple HD video streams.
Learn more… |
MOOD MEDIA REBRANDS, INTEGRATING MUZAK, DMX BUSINESSES
Mood Media (Concord, ON, Canada) is rebranding to integrate its portfolio companies (Muzak, DMX and Mood Media) into a single global brand, Mood. During the past several years, Mood experienced growth through strategic acquisitions. [The company acquired Technomedia Solutions and GoConvergence recently; see NEWSLETTER, January 2013.] Mood provides music, digital signage, messaging, social/mobile applications, location-based services, scent marketing, and AV systems design and implementation to retail stores, hotels, restaurants and businesses.
According to Lorne Abony, Chairman/CEO, Mood, “Integrating each of our component companies under the Mood brand reaffirms our steadfast commitment to deliver services driven by creative purpose and designed with intent to help clients differentiate and grow their business.” Notably, Mood’s rebranding effort marks the end of an American brand and pop culture reference: Muzak. Its integration into the Mood brand, along with DMX, unifies the company’s offerings that include mobile, wireless and location-based interactive solutions. |
UNIV ACQUIRES AMERICAS BROADCAST SYSTEM INTEGRATION UNIT FROM KIT DIGITAL
Unified Video Technologies’ Broadcast subsidiary (UNIV, Miami FL), specialists in developing, integrating and operating complete high-performance media and broadcast ecosystems for broadcasters and enterprises, has acquired KIT Digital’s Broadcast System Integration Unit for the Americas (New York NY). KIT Digital divested the Unit as part of its restructuring process. According to the company, UNIV will enhance the system integration services that had been provided by KIT Digital through its consultative approach, which focuses on understanding and addressing the needs of customers in media-rich environments by developing and implementing high-performance workflows, providing media processing and introducing managed services.
“UNIV recognizes that enterprises in almost every field, including broadcasters, must quickly find solutions for effectively managing their video assets,” said Pablo Goldstein, UNIV CEO. “With media becoming essential for corporate functions, such as marketing, product development, in-house training, sales, product documentation, investor relations and more, video management solutions are a must for every company that has a growing library of video assets, as well as for companies in the media and entertainment industry. UNIV is committed to creating easy-to-use workflows that empower each enterprise to get the most out of its media assets, with the least hassle and expense.”
UNIV is headquartered in the former KIT Digital Broadcast System Integration Unit facilities and staffed by Unit professionals to ensure service continuity. |
Sound & Communications NEWSLETTER, Internet Edition, is self-managing and conforms to anti-spam agreements and policies worldwide.