Bose

Bose Corporation is a privately owned company http://www.alacrastore.com/storecontent/datamonitor-company-profiles/mtx08335 which was founded in 1964 by Amar Bose, the company now has an annual revenue of $1.8Billion http://www.smartindian.com/bose.htm. Bose are Audio technology developers and product manufacturers, based in Framingham, Massachussets, USA. Specialist marketplaces that Bose trade within are Headphones and Headsets, Home Theater Systems, iPod Sound Accessories and Speaker Systems.

In an NPD Group survey of the US market covering the period November, 2008 - April, 2009 Bose ranked http://www.twice.com/article/307509-Market_Share_Reports_By_Category.php?rssid=20328:

  1. Ranked 3rd in the $1.4Billion Home Audio market and
  2. Ranked 3rd in the $3.3Billion Portable Audio market.

2008 and 2009 have been challenging years for Bose. The economic recession caused over 1,000 job losseshttp://odeo.com/episodes/23910669-Tabloid-Bose-Cuts-1-000-Jobs to be announced in January 2009.

Bose have 125 retail stores in the USA and others around the world. http://www.bose.com/controller?url=/locator/bose_stores/index.jsp

Bose have a subsidiary called Electroforce http://www.bose-electroforce.com/home.cfm who provide materials testing and durability simulation instruments.

Background

Bose Corporation was founded in 1964 by Amar Bose, initially Bose Corporation worked on military audio and sound contracts. Amar Bose is a prolific inventorhttp://web.mit.edu/invent/iow/bose.html and has registered dozens of patentshttp://web.mit.edu/invent/iow/bose.html for audio and sound technology.

The company builds all types of high-end audio equipment, from commercially available music players and home theaters to auditorium sound systems and equipment for military aircraft and submarines and even NASA.http://law-wire.blogspot.com/2008_05_01_archive.html - A quote from the blog of Law Wire

In 1987, Dr Bose was awarded theInventor of the Year title by the Intellectual Property Owners Association for his inventions in "Acoustic waveguide speaker technology"http://law-wire.blogspot.com/2008_05_01_archive.html.

In 2008, Amar Bose was inducted into the National Inventors Hall of Famehttp://www.reuters.com/article/idUS56518+14-Feb-2008+PRN20080214 in Akron, Ohio for his work in Audio Technology.

Now in December, 2009 Amar Bose (at the age of 80) who was founder of Bose Corporation some 45 years ago is still working day to day and still operates as CEOhttp://investing.businessweek.com/research/stocks/private/person.asp?personId=160655&privcapId=160654&previousCapId=160654&previousTitle=Bose%20Corporation.

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