bose

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. However, while they receive cash dividends, they are prohibited from selling their shares in Bose and are unable to participate in the management and governance of the company.
On April 19, 2017, a lawsuit was filled against Bose alleging their smartphone application collects personally identifiable information on users.

View More On Wikipedia.org