McIntosh and Sonus Faber audio brands are established names in high end audio, recognized for its craftmanship and artistry. The acquisition allows Bose to infuse its audio research and technology into the high-performance and luxury space while it continues to build on its premium solutions. From earbuds and Bluetooth speakers to the most luxurious systems possible for the home and on the road, Bose and McIntosh Group will now offer consumers a breadth of products and experiences for every listening occasion.
The combined forces of Bose and McIntosh Group will also leverage Bose’s 40-plus years of experience in automotive audio and McIntosh Group's legacy of performance and design. According to the announcement, the two brands will work together to expand their research and continue to engineer authentic in-car experiences that redefine automotive sound.
"Over the last six decades we’ve delivered the best premium audio experiences possible; now, with McIntosh Group in our portfolio, we can unlock even more ways to bring music to life in the home, on-the-go and in the car," says Lila Snyder, CEO of Bose Corporation. "We look forward to honoring the heritage of these brands, investing in their future and pushing the boundaries of audio innovation to bring customers experiences they’ve never heard before."
"Bose’s dedication to research and singular focus on audio provides a tremendous opportunity to complement and enable our own pursuit of delivering inimitable, ultimate-quality audio experiences," adds Daniel Pidgeon, CEO of McIntosh Group. "Gaining access to their expertise as a pioneer in automotive audio will also help us accelerate our presence and enable us to deliver solutions that are commensurate with our reputation and performance standards.”
Bose will continue to develop products and experiences in popular categories like headphones, speakers, soundbars, and car audio while advancing critical technologies such as noise cancellation, hearing augmentation, and immersive audio. McIntosh and Sonus faber will maintain its focus on amplifiers, loudspeakers, turntables, and other high-end products.
Bose acquired McIntosh Group from Highlander Partners, L.P., a Dallas-based private investment firm. Jones Day acted as Bose’s legal counsel. Additional information, including financial and other terms of the transaction, will remain confidential.
McIntosh Group has been a leading name in high-end audio equipment, in the market under several renowned brands that include McIntosh, Sonus faber and Sumiko Phono Cartridges. Sonus faber is a luxury designer and Italian manufacturer of handcrafted speakers, and other high-end audio equipment, based in Vicenza, Italy. Sonus faber also established automotive partnerships with Italian automakers Lamborghini and Maserati.
www.sonusfaber.com
www.mcintoshgroup.com
www.bose.com
