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April 7, 2018

Sonos IPO?

  • April 7, 2018
  • 38 replies
  • 2314 views
May be in the works.

http://variety.com/2018/digital/news/sonos-ipo-plans-1202745164/
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    38 replies

    Paulw123
    Virtuoso
    July 7, 2018
    If it's like the UK, then if its over 100 people they have to give 90days notice, so companies do tranches of 99 max...
    July 10, 2018
    I'm curious. Are there any definite hints that Denon is planning a takeover once Sonos goes public or is it pure speculation at this point?

    I think it will be Logitech. They are going to do a squeeze play on the stock as soon as it goes public.

    If they do, I'm out as soon as it happens. Logitech has already tried this when they acquired Slim Devices (aka Squeezebox). You see where they are now. I don't think enough of Logitech's product development culture has changed over the years to allow Sonos to continue being successful if Logitech picks them up.

    BTW, Denon is owned by a private equity firm now, Sound United, a division of DEI Holdings. That deal apparently happened March 1 last year. So it seems weird that Sonos would be going public, just to be bought by a private equity firm. BTW, this private equity firm also has hands into Boston Acoustics and Polk Audio. Unless they're looking to build an audio powerhouse to compete against the likes of Bose (Boston/Polk/Sonos audio engineers/speaker design, D&M home theater products, and Sonos smart speaker tech)...


    At least if Logitech buys up enough stock to get a controlling interest they will probably bring back a hard button remote to the product line. They might even add a line-in jack to the Sonos One so it can be used as a computer speaker.
    Local music library with carefully constructed playlists - no shuffling!, Integration with Homeseer Automation, No touch screen devices, No streaming services, No Apple products ever
    Smilja
    July 10, 2018
    At least if Logitech buys up enough stock to get a controlling interest they will probably bring back a hard button remote to the product line. They might even add a line-in jack to the Sonos One so it can be used as a computer speaker.
    Dream on!
    »And the world is like an apple whirling silently in space, Like the circles that you find in the windmills of your mind.« (›Windmills Of Your Mind‹ [1967]. Music by Michel Legrand ; English lyrics written by Alan & Marilyn Bergman)
    melvimbe
    July 10, 2018
    A lot of speculation here. I'm not an expert in this area, but I doubt that this IPO means that another company could buy up a controlling interest in Sonos. I would assume that the existing owners will still have enough interests to prevent that from happening.

    As far as the CFO being held responsible for the layoff, why? Why assume that the CFOs decisions are ultimately responsible for the layoffs? Was it his (or her) decision for the IPO? Why he responsible for sales numbers? Was he responsible for the shift in the companies focus, requiring different skills then what they currently have on staff?

    I just don't see the point of making baseless assumptions around this. Wait and see.
    Danny
    jgatie
    July 10, 2018
    Without baseless assumptions, this place would have about 1/10th the traffic it has now.
    July 11, 2018
    Lol. And a good search function, if correctly used, would bring that 10% down by half.
    Paulw123
    Virtuoso
    July 11, 2018
    Hope Ryans job is safe....
    Ryan S
    Retired Sonos Staff
    July 11, 2018
    Hope Ryans job is safe....

    Thanks for the concern 🙂 So far so good. Someone has to bring announcements to the board.
    Mark good posts by pressing the like button, and select the best answer on questions you've asked to help others find solutions.
    MikeV
    July 11, 2018
    Thanks for the concern 🙂 So far so good. Someone has to bring announcements to the board.
    So where's the announcement about 9.0 dropping today? 🙂 I found out from my app store already, but there's nothing here about it! 🆒 ::flee::
    The S in IOT stands for Security.
    Ryan S
    Retired Sonos Staff
    July 11, 2018
    Thanks for the concern 🙂 So far so good. Someone has to bring announcements to the board.
    So where's the announcement about 9.0 dropping today? 🙂 I found out from my app store already, but there's nothing here about it! 🆒 ::flee::

    Couple hours... we like to make sure the software is available for all platforms and that it's confirmed working before officially announcing things here.
    Mark good posts by pressing the like button, and select the best answer on questions you've asked to help others find solutions.