Bose is Buying McIntosh
Bose announced that it is buying historic amplifier and speaker brand McIntosh Group from its private equity owners for undisclosed terms. McIntosh Group also includes high-end speaker brand Sonus Faber. This acquisition is about three things: 1. McIntosh gives Bose entry into luxury brands/opportunities, especially for its already successful automotive audio business 2. High-end audio is a difficult standalone business; there has been relentless consolidation throughout the industry, and McIntosh's owners were likely looking for an exit. 3. Bose tech enables McIntosh to get into mobile / personal products. I would expect to see a McIntosh headphones announcement, or possibly …
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