Bose to purchase high-end audio company McIntosh

Photo: McIntosh

Bose plans to buy the McIntosh Group from private equity firm Highlander Partners for an undisclosed amount. Aside from the McIntosh brand, The deal also includes Sonus faber, an Italian company that produces hand-made premium high-end speakers. The acquisition will give the audio company access to the luxury audio equipment market and more opportunities to provide audio for luxury car brands like Maserati and Lamborghini.

Bose CEO Lila Snyder told CNBC in an interview it isn't ruling out the possibility of introducing more premium McIntosh-branded headphones and accessories. “We do think there’s a real opportunity around wearables in the luxury and high-performance space as well, which is something that we would expect you to see from us down the road,” Synder said.

SOURCE: 1 + 2