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Legrand Buys Milestone AV

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Legrand, the parent company of Middle Atlantic, Luxul, ON-Q and Vantage, signs a definitive agreement to buy Milestone AV Technologies, the owner of brands including Da-Lite, Vaddio, Sanus, Projecta and Chief.

Legrand MilestoneFinancial details on the deal are not available, but Reuters reports it cost $950 million (or €835m), as based on enterprise value.

Legrand plans to bring the Milestone and Middle Atlantic brands under the Legrand AV division. Both Milestone and Middle Atlantic product lines should remain in the market place, making an AV offering the company can expand globally.

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The CEDIA EMEA 2017 Awards Shortlist

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CEDIA Harry PotterCEDIA names the shortlisted finalists for the projects categories in the 2017 CEDIA Awards, the celebration of the best in media room, home cinema, integrated home and superyacht installations from across EMEA.

The winner will be announced at the black-tie ceremony on 29 September held at the Warner Bros. Studio Tour London - The Making of Harry Potter.

“We have been overwhelmed with the standard of the submissions this year,” the organisation says. “The standard increases every year and it’s great to see the amount of professionalism and technical excellence our members continue to offer their clients. I’d like to thank all of our technical judges this year for their support and dedication throughout the process so far and we look forward to announcing the winners in September.”

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General Atlantic Sells SnapAV

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SnapAVThe affiliates of Hellman & Friedman LLC (H&F) enter a definitive agreement to acquire AV manufacturer and distributor SnapAV from owner General Atlantic for an unannounced sum.

SnapAV sells glue products, security, networking and automation products to residential and commercial AV installers. It wholesales approximately 2700 SKUs across 14 brands, and serves installers across the US with an eCommerce model.

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Vogel's Buys Marmitek

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TV mount and support vendor Vogel's announces the acquisition of Dutch developer of smart audio and video applications Marmitek. The financial details of the deal are not available as yet.

Vogel's MarmitekAccording to Vogel's, the acquisition positions it more explicitly as a specialist in product-based solutions aimed at both home and professional markets. It should also strengthen the respective market position of both companies.

Post-acquisition Marmitek will remain an independent company, even if the two companies will benefit from each other's strengths-- Vogels's will make use of Marmitek knowledge in home entertainment, while Marmitek will take advantage of the Vogel's distribution network.

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Vin Bruno Joins Rayva Board

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Former CEDIA president and CEO Vin Bruno finds a new job as he joins the board of Rayva, the company offering the concept of pre-engineered, turnkey home theatre packages.

RayvaFounded in 2016 by industry veterans George Walter, Theo Kalomirakis and David Rodarte, Rayva is an effort to bring the dedicated home theatre back in the industry. It pitches turnkey systems complete with architectural drawings, audio, video, lighting and control products, acoustical panels, seating, and even installation and warranties.

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CEDIA 2017 Registration Open

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Registration for CEDIA 2017 is officially open, with the show offering attendees concentrated access to the new products, breakthrough innovations and targeted training.

CEDIA Expo“CEDIA 2017 brings together the best of everything our industry has to offer; world-class CEDIA training and certification, countless opportunities to network and make valuable connections, and a robust show floor brimming with the latest and greatest solutions for the residential technology space,” CEDIA says. “Our market continues to expand exponentially and attending CEDIA 2017 is the best way to stay ahead of the ever-changing technology curve.”

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Vin Bruno Leaves CEDIA

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CEDIA announces the resignation of global president/CEO Vin Bruno. According to the organisation, Bruno resigned in order to "focus on new opportunities in the residential and commercial technology industries."

Vin Bruno“On behalf of the Board, the CEDIA team and the global CEDIA community, I would like to extend my sincere thanks to Vin for his service and guidance during his tenure as CEO," CEDIA chairman Dennis Erskine says. "Under Vin’s leadership, we have completed the goal of global alignment for the organization and sold ownership of the CEDIA show to focus on the most important needs of our members."

Bruno joined CEDIA in September 2015, following a role as marketing director at Crestron. Prior to that he was VP at VCOM International Multimedia, a distributor of professional AV and digital equipment.

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