XTEN-AV has received a minority investment from Resideo Technologies. The investment will allow the provider of pro-AV design and proposal software to accelerate product development and offer enhanced support to its user base. Resideo is a global manufacturer of technology-driven products that provide critical comfort, energy management and safety and…
Business
Clevertouch moves UK headquarters to support growth
Clevertouch has moved into new purpose-built premises to support increased year-on-year growth and improved efficiency in logistics and warehouse support for partners. The new UK headquarters and warehouse was opened this week by Dale Strang, interim CEO of parent company Boxlight. The new HQ has been constructed to achieve net zero…
London mayor’s rejection of Sphere costs owner $116.5m
The mayor of London's rejection of a new Sphere in Stratford, east London has cost the owner of the Las Vegas Sphere $116.5m. This is the non-cash expense recorded in Sphere Entertainment Co's latest financial results, following a decision to abandon the London project in the face of political opposition.…
Wesco Anixter takes conference rooms as a service global
Business-to-business (B2B) distribution, logistics, and supply chain firm Wesco International has announced the worldwide launch of its Conference Room-as-a-Service solution. Revealed on Monday, the company will demo its subscription-based programme at the Integrated Systems Europe (ISE) 2024 from 30 January to 2 February this year. Wesco Anixter, Wesco's global brand,…
Midwich sets up global venture capital arm Midwich Ignite
Midwich Group has launched a corporate venture-capital arm that will focus on high-growth start-ups and scale-ups within AV and the wider technology ecosystem globally. Midwich Ignite will operate as a standalone enterprise and will focus on sectors such as emerging AV technologies, smart and connected spaces, hospitality and event technology,…
AVI-SPL introduces global Enterprise Managed Services
AVI-SPL has launched an Enterprise Managed Services solution covering AV, digital signage, and UC technology throughout the modern workplace, in rooms and the cloud. Announcing the new service, the company said no other managed service in the industry supports as broad a technology set in as many countries. AVI-SPL added…
Northamber achieves Direct Distributor status with Yealink
Yealink has elevated Northamber to Direct Distributor status. As a Direct Distributor, the UK-based provider of AV, UC&C and IT solutions and services will gain access to an enhanced level of training, marketing support and technical assistance from Yealink. Yealink offers a comprehensive portfolio of UC&C solutions including IP phones,…
Xyte secures $30m funding for hardware as a service model
Xyte, developer of "the first all-in-one servitisation platform for device and hardware manufacturers", has announced a $30 million investment round. The investment includes $20m in Series A funding led by Intel Capital, with participation from Samsung Next and existing investors S Capital and Mindset Ventures, as well as $10m in…
George Michael could return to stage as ‘HoloWham’
George Michael could return to the stage as a hologram next year – almost a decade after his death. Accounts filed by the former Wham! star's company, Nobby's Hobbies Holdings, at Companies House indicate that the estate has plans to branch out into live events. The publicly available documents says:…
Midwich expects ‘record performance in challenging market’
Midwich Group plc expects to report record revenue for 2023 of around £1.3bn, according to a trading update issued today. The figure represents growth of approximately 7% year on year (6% at constant currency), with organic revenue in line with the prior year. A positive product mix resulted in a gross…