May 29, 2017 12:50 PM ET

Household Durables

Company Overview of Bose Corporation

Company Overview

Bose Corporation engineers, researches, develops, produces, markets, and retails loudspeakers, electronics, and software for the needs of professional applications worldwide. It offers automotive systems, combat vehicle crewman headsets, tactical headsets, ride systems, custom solutions for homeowners, speakers, featured products, and headphones. The company also offers substantial support for distribution network, including product technical information and support, system design support, and after-sale support. It serves performing arts centers, theaters, houses of worship, stadiums/arenas, restaurants, retail stores, corporate buildings, and hospitality establishments, as well as automoti...

The Mountain

Framingham, MA 01701-9168

United States

Founded in 1964

Phone:

508-879-7330

Fax:

508-820-3465

Key Executives for Bose Corporation

President and Chief Operating Officer
Age: 69
Chief Financial Officer and Vice President of Finance
Age: 79
Vice President of Europe Division
Compensation as of Fiscal Year 2016.

Bose Corporation Key Developments

Illinois Resident Files Class Action Lawsuit Against Bose Corporation

A class-action lawsuit accuses Bose Corp. of breaking a federal wiretapping law by keeping tabs on customers' listening habits without their permission. The suit was filed on April 18, 2017, in Chicago by an Illinois resident named Kyle Zak, who bought a $350 set of Bose QuietComfort 35 wireless headphones last month. The headphones use a Bluetooth radio system to play music stored on a user's smartphone. Zak downloaded Bose Connect, a free smartphone app that helps users select and play their favorite tunes. But the lawsuit says that Zak didn't know the app kept track of every recording he listened to. The suit claims that the data was relayed to companies other than Bose, which could analyze Zak's listening habits without his permission. For instance, it's possible to determine someone's religion or sexual orientation by tracking his or her listening habits. The lawsuit asserts that Bose's data collection policy ‘demonstrates a wholesale disregard for consumer privacy rights and violates numerous state and federal laws,’ including a federal law governing wiretapping and unfair business practices laws of Illinois. The suit seeks at least $5 million in damages.

Doppler Labs Inc Files Lawsuit Against Bose Corp

Doppler Labs Inc. filed lawsuit against Bose Corp., accusing the company of tricking the smaller company into sharing details about its technology. Doppler alleges that Bose built its own version of Doppler's active listening earbuds and mimicked Doppler's product branding in order to confuse consumers. Doppler Labs Inc. is suing Bose for trademark infringement under federal laws and unfair and deceptive business practices under Massachusetts law. The allegations center around Doppler's Here Active Listening system, wireless earbuds that allow wearers to "instantly control real world audio so user can hear what user want to hear - no matter the situation. The buds tune out background noise at a crowded restaurant, for example, allowing the wearer to focus on the conversation at his or her own table. Doppler launched a Kickstarter crowd funding campaign for the technology on June 2, 2015. According to the lawsuit, Bose Senior Manager of Idea & Portfolio Management Chris Miller donated to the campaign on the first day, ensuring he'd be one of the first customers to receive the earbuds, which the lawsuit characterizes as an attempt to gain early access to a competitor's technology.

Bose Corporation Expands SoundLink Bluetooth Speaker Family

Bose Corporation has expanded its SoundLink Bluetooth speaker family with the launch of SoundLink Color II. With a more rugged water-resistant design, new colors, and the bold sound of the original, the Color II offers an even better combination of performance, durability and fun than its predecessor, making it ideal to take just about anywhere. The Color II connects wirelessly to smartphones and tablets to play streaming music in an instant. It packs a punch using Bose's proprietary dual-opposing passive radiators which brilliantly turn vibration in to powerful output, maximizing every inch of its small enclosure. At about 5" wide and high, and 2" deep - and weighing just 1.2 pounds - the Color defies its size, playing loud, low, and clear. The Color II is built for real-life. Its improved durability features an IPX4-rating for water-resistance to withstand pool splashes, spills, or getting caught in the rain. Its new soft-touch silicone exterior has a great look and feel, and helps absorb more dings, drops and bumps. And it comes in new colors - Aquatic Blue, Coral Red, Soft Black and Polar White. The Color II is engineered for immediate gratification. Integrated NFC technology offers touch-to-pair convenience, and set-up is fool-proof with plain-language voice-prompts. It features a built-in microphone for taking calls and accessing Siri, Google Now, and other phone VPAs. The lithium-ion battery will last for up to eight hours and is fully rechargeable via a USB port. And with the super-streamlined Bose Connect app, features and functionality are at fingertips - connect devices, switch between them, update software, and more. Bose SoundLink speakers are globally recognized as the standard for mobile audio. The original SoundLink Mobile speaker redefined the Bluetooth speaker category with revolutionary performance from a portable design. The SoundLink Mini and Mini II took the market by storm with an entirely new level of sound quality from an even smaller design. The SoundLink III pushed the boundaries further with an even more powerful experience. And the original Color became a hit with its rugged design and fun colors. 2016 ushers in the Color II, further establishing the Bose SoundLink line as the best-sounding, most-loved Bluetooth speakers in the world.

Similar Private Companies By Industry

Company Name Region
'boutKIDS, Inc. United States
2000 Concrete, LLC United States
2849 Coconut, LLC United States
3 Day Blinds LLC United States
3-D ImageTek Corporation United States

Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
June 16, 2016
Bose Corporation, Two Overseas Manufacturing Facilities
 

The information and data displayed in this profile are created and managed by S&P Global Market Intelligence, a division of S&P Global. Bloomberg.com does not create or control the content. For inquiries, please contact S&P Global Market Intelligence directly by clicking here.

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup

Most Searched Private Companies

Company Name Geographic Region
Lawyers Committee for Civil Rights Under Law United States
NYC2012, Inc. United States
Bertelsmann AG Europe
Rush University United States
The Advertising Council, Inc. United States

Sponsored Financial Commentaries

Sponsored Links

Request Profile Update

Only a company representative may request an update for the company profile. Documentation will be required.

To contact Bose Corporation, please visit www.bose.com. Company data is provided by S&P Global Market Intelligence. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.