| Today's Top Story - 7.5.16 |
Kingswood Capital Management Acquires AVAD
By Matt Pruznick
Tom Jacoby has been recruited as the new CEO, and Fred Farrar as the new president of AVAD. Jacoby has been involved in the audiovisual industry for more than 30 years, previously serving as CEO of the Harman Consumer Group and director of Klipsch Group. Farrar brings decades of experience in investment management, having held several executive roles including executive vice president, operations, and board member of Klipsch Lanham Investments.
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| Feature of the Day |
Managed Services: Where AV Becomes IT
By Carolyn Heinze
When the AV design and integration firm HB Communications began expanding its managed services offerings beyond standard break/fix calls, the company worked with a third-party provider. Peter Charland, HBs vice president of managed services, explained that this served several purposes: It allowed the organization the time to develop its own internal infrastructure, helped staff identify what specific services their clients required, and what managed service technologies would comply with their security needs.
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