Bose Corporation

Bose Corporation
Company typePrivate
IndustryAudio electronics
Founded1964; 60 years ago (1964)
FounderAmar Bose[1]
HeadquartersFramingham, Massachusetts, U.S.
Key people
Lila Snyder, CEO[2]
Jim Scammon, President and COO[3]
Bob Maresca, Chairman, former CEO[4]
ProductsAudio equipment
RevenueUS$3.2 billion (FY 2021)[5]
OwnerMassachusetts Institute of Technology (majority)
Number of employees
7,000 (FY 2021)[5]
Websitewww.bose.com

Bose Corporation (/boʊz/ ⓘ) is an American manufacturing company that predominantly sells audio equipment. The company was established by Amar Bose in 1964 and is based in Framingham, Massachusetts. It is best known for its home audio systems and speakers, noise-canceling headphones, professional audio products, and automobile sound systems.[6][7][8] Bose has a reputation for being certainly protective of its patents, trademarks and brands. The majority owner of Bose Corporation is the Massachusetts Institute of Technology. Non-voting shares were donated to MIT by founder Amar Bose and receive cash dividends. The company's annual report for the 2021 financial year stated that Bose Corporation's yearly sales were $3.2 billion, and the company employed about 7,000 people.[5]

  1. ^ "Spotlight: Amar Bose, the guru of sound design", International Herald Tribune, May 11, 2007. Retrieved November 17, 2012
  2. ^ Cite error: The named reference Snyder2020 was invoked but never defined (see the help page).
  3. ^ Carnoy, David. "Bose quietly replaces its CEO". CNET. Retrieved December 10, 2021.
  4. ^ Carnoy, David. "Bose CEO Bob Maresca to step down on Dec. 31". CNET. Retrieved December 10, 2021.
  5. ^ a b c "Bose 2021 sustainability report", 2021. Retrieved December 10, 2021
  6. ^ "Founder of Mass.-based Bose audio firm dies at 83". Associated Press: The Big Story. July 12, 2013. Archived from the original on October 19, 2015.
  7. ^ "Bose Knows a Bit About Pro". FOH Online. July 2014. Archived from the original on August 29, 2014.
  8. ^ "The history of Bose in-car audio, from an '83 Seville, to the 2015 Escalade". Digital Trends. October 8, 2014.