July 24, 2017 11:50 PM ET

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Company Overview of Sonos, Inc.

Company Overview

Sonos, Inc. manufactures wireless music systems. It offers speakers, home theatres, and components. The company offers its products through retail stores, as well as online worldwide. Sonos, Inc. was founded in 2002 and is based in Santa Barbara, California with additional offices in Cambridge, Massachusetts; Hilversum, the Netherlands; Shenzhen, China; and Penang, Malaysia.

614 Chapala Street

Santa Barbara, CA 93103

United States

Founded in 2002

Phone:

805-965-3001

Fax:

805-965-3010

Key Executives for Sonos, Inc.

Founder and Chief Executive Officer
President and Chief Operating Officer
Co-Founder and Chief Financial Officer
Co-Founder and Vice President of Sales and Marketing
Managing Director of Sales and Operations for EMEA
Compensation as of Fiscal Year 2017.

Sonos, Inc. Key Developments

Sonos Presents at Goldman Sachs Third Annual Innovation Symposium, Jun-27-2017 09:10 AM

Sonos Presents at Goldman Sachs Third Annual Innovation Symposium, Jun-27-2017 09:10 AM. Venue: New York, New York, United States. Speakers: Patrick Spence, CEO.

Sonos Introduces PLAYBASE- an Off the Wall Approach to TV Sound

Sonos announced PLAYBASE, the latest addition to its wireless home sound system and the newest speaker in their home theater lineup. Inspired by the simple insight that up to 70% of all TVs stand on furniture and are not mounted to the wall, PLAYBASE is a thin, yet powerful speaker that sits discreetly under the TV. Priced at USD 699 and available in both black and white, PLAYBASE will be available globally starting on April 4, 2017. At just 58 mm in height and packing 10 drivers, PLAYBASE offers everything you'd expect from a Sonos speaker – great sound when the TV is on and music all the time when it's off. It was designed to disappear into the home. Appearing as if it was cut from a single piece of granite, it challenges conventional expectations of sound from a thin speaker. The construction comes together with no visible seams resulting in incredibly clean lines, an ultra-flat top surface, and more than 43,000 holes that make up an acoustically transparent grill. PLAYBASE was built from the ground-up by Sonos with unique manufacturing processes and materials to meet the level of quality Sonos stands by, including a complex insert molding process and a custom-designed glass-filled polycarbonate exterior to keep vibration to a minimum and withstand the weight of a TV for years to come. Designed for TVs that aren't wall-mounted, PLAYBASE is easy to control and set-up using just two cords (optical and power). It expands to other rooms when wirelessly connected to user Sonos home sound system, and is equal parts TV speaker and music speaker, with access to more than 80 music services. Later this year, like every other Sonos speaker, you'll soon be able to control PLAYBASE using user voice and any Amazon Alexa enabled device. PLAYBASE and PLAYBAR are Sonos for user TV space, allowing listeners to choose the best set-up to fit any room. Through a unique balance of hardware and software, all of PLAYBASE's 10 custom-designed drivers with dedicated amplifiers – six mid-range, three tweeters, and one woofer – are powered by software to precisely control the sound coming from each transducer. The result is a sound stage much wider than the speaker itself. With software, we're also able to deliver flexible control experiences – whether with user TV remote, Sonos app, or select partner apps—and add new features over time. This includes Trueplay, recently available for Sonos' home theater products, which adjusts the sound of PLAYBASE to the specifics of any particular room. In addition, Dialogue Enhancement and Night Mode, both options within the Sonos App, allow for enhanced vocal clarity or toned down bass for loud action scenes.

Cantrex Nationwide Group Announces Partnership with Sonos

Cantrex Nationwide Group announced its partnership with Sonos. This relationship means that Cantrex Nationwide independent retailer-members who are Sonos authorized resellers can now leverage Cantrex for financing their Sonos purchases. The new agreement with Cantrex Nationwide provides Sonos authorized reseller’s greater financial flexibility when ordering and paying for Sonos' broad range of home audio products for the digital age: Flexible financing options to match business needs and improve cash flow. Uniformity to financial payment terms, Cantrex terms can be applied to Sonos Typically, much higher credit limits than what is currently offered through Sonos Simplified vendor management by using one Cantrex account: streamline administrative processes to reallocate resources where they are needed. Existing Cantrex Nationwide members can immediately contact their Sonos representative to apply to become a Sonos authorized reseller and Sonos authorized resellers are invited to contact a Cantrex Nationwide representative to explore their opportunities in joining the Group.

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