BOSE
 |
|
| Private | |
| Industry | Consumer electronics |
| Founded | 1964 |
| Founder | Amar Bose |
| Headquarters | Framingham, Massachusetts, U.S. |
|
Key people
|
Bob Maresca (President & CEO) |
| Products | Loudspeakers, headphones, audio equipment, car audio, Professional audio |
| Revenue |
 US$ 3.5 billion (2015) |
| Owner | Massachusetts Institute of Technology (majority non-voting shareholder) |
|
Number of employees
|
11,700 (2015) |
| Website | www |
Bose Corporation /ˈboʊz/ is an American privately held corporation, based in Framingham, Massachusetts, that designs, develops and sells audio equipment. Founded in 1964 by Amar Bose, the company sells its products throughout the world. Forbes estimates that in the 2015 financial year, Bose received revenue of US$3.5 billion and employed approximately 11,700 people.
Bose is best known for its home audio systems and speakers, noise cancelling headphones, professional audio systems and automobile sound systems. The company has also conducted research into suspension technologies for cars and heavy-duty trucks and into the subject of cold fusion. Bose has a reputation for being particularly protective of its patents, trademarks, and brands.
A majority of Bose Corporation's shares were given by Amar Bose in 2011 to his alma mater and former employer, the Massachusetts Institute of Technology. They receive cash dividends, but are prohibited from selling the shares and are unable to participate in the management and governance of the company.
On April 19, 2017, a lawsuit was filed against Bose alleging their smartphone application collects personally identifiable information on users.
The company was founded in 1964 by Amar Bose. Eight years earlier, Bose, then a graduate student at MIT, had purchased a stereo system and was disappointed with its performance. This led him to research the importance of reverberant (indirect) sound on perceived audio quality.
Bose began extensive research aimed at clarifying factors that he saw as fundamental weaknesses plaguing high-end audio systems. The principal weaknesses, in his view, were that overall, the electronics and speaker failed to account for the spatial properties of the radiated sound in typical listening spaces (homes and apartments) and the implications of spatiality for psychoacoustics, i.e. the listener's head as a sonic diffraction object as part of the system. Eight years later, he started the company, charging it with a mission to achieve "Better Sound Through Research", now the company slogan.
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Wikipedia