Premium Audio Amplified: Bose Corporation Acquires McIntosh Labs

The greater Binghamton area is famous worldwide for quite a few things, both present and from the past. IBM, Singer-Link, Endicott-Johnson, Eureka, and Dick's Sporting Goods to name a few.

Another company famous around the globe is McIntosh, the maker of some of the best, if not the best amplifiers, speakers, turntables, and other audio products on the planet. The company is celebrating its 75th anniversary this year.

On November 19th, the Bose Corporation, another audio company that makes superior audio products, announced in a website press release that it had acquired the McIntosh Group which includes McIntosh Laboratory and Sonus faber. Bose purchased McIntosh from Highlander Partners, L.P., which is a private investment firm in Dallas, Texas.

McIntosh is located on Conklin Avenue, Binghamton. Sonus faber is a luxury designer and Italian manufacturer of handcrafted speakers, and other high-end audio equipment, based in Vicenza, Italy, according to the Bose press release.

Over the last six decades, we’ve delivered the best premium audio experiences possible; now, with McIntosh Group in our portfolio, we can unlock even more ways to bring music to life in the home, on-the-go and in the car. We look forward to honoring the heritage of these brands, investing in their future, and pushing the boundaries of audio innovation to bring customers experiences they’ve never heard before. - Lila Snyder, CEO of Bose Corporation

With the purchase of McIntosh and Sonus faber, Bose notes that the company will continue to excel with its popular products, including headphones, speakers, soundbars, and car audio, among other projects, and McIntosh and Sonus faber will maintain its focus on amplifiers, loudspeakers, turntables, and other high-end products.

Bose’s dedication to research and singular focus on audio provides a tremendous opportunity to complement and enable our own pursuit of delivering inimitable, ultimate-quality audio experiences. Gaining access to their expertise as a pioneer in automotive audio will also help us accelerate our presence and enable us to deliver solutions that are commensurate with our reputation and performance standards. - McIntosh CEO, Daniel Pidgeon

The Bose press release notes that financial and other terms of the transaction are confidential.