Bose Business Analysis

Introduction to Bose Corporation

Bose Corporation is a privately held American 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. According to the company annual report in the 2017 financial year, Bose received revenue of US$3.8 billion and employed more than 8,000 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 non-voting 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.

Bose Corporation Case Study
Industry Consumer electronics
Founded 1964; 54 years ago
Founder Amar Bose
Headquarters Framingham, Massachusetts, U.S.
Key people
Philip W. Hess
(President and CEO)
Products Loudspeakers, headphones, audio equipment, car audio, Professional audio
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