Best Buy is a leading multinational retailer specializing in technology and entertainment products, offering a diverse range of consumer electronics, personal computers, and entertainment software. Established in 1966 and headquartered in Litchfield, Minnesota, the company operates numerous retail locations across the United States, Canada, and other regions. Best Buy's extensive product portfolio includes televisions, digital cameras, mobile electronics, home appliances, and entertainment software. The company also provides various services, such as extended warranties, product repairs, and installation services. Best Buy has significantly expanded its e-commerce operations, with online sales doubling since the onset of the COVID-19 pandemic. The retailer is recognized for its customer service initiatives, notably through its Geek Squad support team. With over 155,000 employees, Best Buy continues to play a vital role in the North American consumer electronics market, boasting a substantial share of both online and offline sales.
Founded in 2006 by security and medical monitoring expert Jeffery S. Prough, Critical Signal Technologies is dedicated to helping our clients stay safe and healthy in their homes. As the nation’s largest independent provider of Personal Emergency Response Systems and as one of the most innovative and respected providers of TeleHealth monitoring services, CST is committed to being Your Link to Life.
Swirl is an in-store mobile marketing platform provider that is helping retailers leverage the power of mobile to attract and influence consumers while they shop in retail stores. The company's indoor location-based marketing platform allows retailers to deliver highly targeted messages, content and offers to consumer smartphones while they shop in specific areas of the store. The platform combines patent-pending indoor location beacons with cloud-based marketing campaign management services and a software development kit that allows retailers to add an in-store mobile experience to any existing mobile app.
Lively’s is a leader in connected health for active aging. With health and safety solutions for older adults and their family caregivers, GreatCall’s innovative suite of mobile products and award-winning approach to customer care helps aging consumers live more independent lives. Products and services include: Lively Mobile, Lively Wearable, Lively Home, Jitterbug Smart2, Jitterbug Flip and health, safety and medical apps such as Urgent Care, GreatCall Link, MedCoach and 5Star. On December 20, 2016, GreatCall acquired Healthsense, the leading provider of passive remote monitoring services for the senior care continuum. The acquisition greatly expands GreatCall's portfolio of connected health services for senior living and healthcare. GreatCall is a wholly-owned subsidiary of Best Buy.
AddStructure offer a white-labeled natural language understanding (NLU) platform that Retailers and Brands can use to enable conversational commerce channels. Each day, millions of consumers interact with AddStructure's products: Signal Search, Path, and Scaffold. Applications of their technology range from review summarization (distilling thousands of reviews of a product into digestible pros and cons) to a complete conversational commerce system (chatting with an intelligent digital assistant to find and purchase products).
Zubie is a connected vehicle services company focused on providing consumers and businesses relevant vehicle health, location, and safety information. With a simple plug-in of the Zubie key, users can easily monitor their vehicle data through its Zubie mobile apps for both iOS and Android. Learn more about our low-cost fleet management solution for businesses at http://zubie.com/fleet or our consumer offering at http://zubie.com. A Zubie subscription includes the Zubie Key (OBDII device), iOS/Android apps, and online web portal.
mindSHIFT creats a managed IT environment where leading technology resources and proactive management are available and affordable for organizations of all sizes. mindSHIFT is accredited by the MSP Alliance, the international organization of managed services providers. As a member of the Managed Services Accreditation Program, mindSHIFT counts itself as one of the top managed IT services providers in the world.
Partsearch Technologies owns and operates an online replacement parts platform for consumer electronics and home appliances. The company maintains a catalog of various parts and accessories for purchase in the categories of electronics, major and small appliances, computers, wireless, outdoor power equipment, and home improvement products. It also provides parts procurement services to retail partners, warranty administrators, and their customers; operates consumer-focused online stores; and offers web-based solutions for independent contractors and small businesses. Partsearch Technologies serves customers in the service, in-warranty and extended warranty repair, retail, and consumer markets. The company was founded in 2000 and is based in Litchfield, Minnesota.
SiBEAM is a fabless semiconductor company developing intelligent millimeter wave technologies and leveraging the latest manufacturing methods to meet the demand for high-bandwidth services. SiBEAM is the first to build 60 GHz chipsets using CMOS technology. The first of many applications for SiBEAM’s innovative technology is based on WirelessHD.
Five Star Appliance
Acquisition in 2009
Five Star is the third largest retailer of consumer electronic appliances in China and is headquartered in Nanjing. Its sales revenue was 23 billion yuan in 2008. Five Star has opened 170 stores in seven provinces across China (Jiangsu, Anhui, Zhejiang, Shandong, Henan, Sichuan and Yunnan) and employs more than 8,000 people.
Napster offers the ultimate in interactive music experiences, creating better ways to discover, share, acquire, and enjoy the universe of music — anytime, anywhere. The Napster service is the easiest way to find, discover, and enjoy the universe of music online, on the go, and in the living room. With unlimited, on-demand access to music from a web browser, smartphone, and home entertainment devices, Napster lets you enjoy music your way anytime, anywhere. The service is available at www.napster.com in the U.S. and is also available in Canada, Germany, and the United Kingdom. The company is a fully owned subsidiary of Best Buy, Inc. (NYSE: BBY).
Mydeo is the social video site which now serves as the architecture for Best Buy's video sharing service. Best Buy Video Sharing is a subscription-based service for users to upload their personal videos for storage, but also allows them to share select videos on web sites and blogs, while controlling who views the video. Out of all the social video sites in America, Best Buy chose Mydeo which operates in Wimbledon Britain. Mydeo's foundations in Microsoft Movie Maker suggest that there was possibly an introduction between Mydeo and Best Buy from Microsoft. Best Buy owns a minority share as by terms of their partnership. Best Buy, the largest electronics retailer in the US, sells around a third of all video cameras sold each year. Significantly, a large percentage of those are sold to Mydeo's target audiences of families and small businesses, who tend to use Movie Maker.
Avnera is a fabless semiconductor firm making highly-integrated application targeted ICs for consumer audio and voice applications. Avnera has deep analog and mixed-signal circuit design expertise, including the know-how to integrate diverse circuit types onto single pieces of silicon. As such, Avnera IC's integrate RF, power management, audio data converters, host interfaces, & programmable DSPs onto low-cost CMOS, enabling very high performance at low total system cost. Avnera IC products target applications in PC accessory audio, iPod accessory audio, home theater, and consumer & enterprise voice. Avnera's list of customers includes names such as Logitech, Creative, Rocketfish, Panasonic, iHome, Vizio, Sanyo, Onkyo, Acoustic Research, Audioengine, Polycom, et al.
Speakeasy is one of the nation's leading broadband voice (VoIP), data and IT service providers. Speakeasy helps small businesses succeed by offering simplified voice and data solutions that improve the customer experience, increase employee productivity and help cut costs. Based in Seattle, Speakeasy has provided award-winning customer service since 1994 and joined the Best Buy family of companies in April 2007, working with Best Buy For Business to champion technology for small businesses throughout the U.S.
Geek Squad is the first national 24-hour task force dedicated to solving the world's technology challenges. Comprised of highly skilled and specially trained computing Agents, home entertainment installers (GSIs), AutoTechs and appliance repairers (GSRs), 20,000 active Geek Squad technicians patrol Geek Squad precincts in all U.S. Best Buy stores, at Geek Squad stand-alone U.S. store locations and at service centers nationwide.
In almost 30 years, Future Shop has grown from a “one store operation” located in Vancouver, British Columbia, to Canada’s largest retailer and e-tailer of consumer electronics with 140 stores from coast to coast, and an average of over 125,000 unique visitors to the website every day. (see store locations). Established in 1982, Future Shop’s first store was located in Vancouver, British Columbia and showcased 4,000 square feet of the latest consumer electronics. During the late 1980s, Future Shop followed an aggressive growth strategy, quickly expanding operations into the provinces of Alberta Manitoba and Ontario. By 1990, Future Shop had become Canada’s largest electronics retailer. Throughout the 90's Future Shop continued to expand into the remaining provinces in Canada and by fiscal 2001 annual sales had surpassed $2 billion. On March 28, 2015, Best Buy (Future Shop's parent company) announced the discontinuation of the brand and the permanent closure of 66 of its locations. The remaining stores were consolidated into the Best Buy chain.
Simplexity is changing the way telecommunications are bought and sold. The Simplexity.com website, and Simplexity's unique and powerful XACTtm architecture, have attracted major telecommunications carriers and strategic partners. The company's mission is to help bring clarity to the complex and confusing telecommunications marketplace. Simplexity enables users to learn about and compare the thousands of options available to them and enables carriers to interact directly with small and medium businesses, the fastest growing but most fragmented segment of the telecom market.
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