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This question is about Bose.
Who owns Bose?
The Massachusetts Institute of Technology (MIT) owns Bose. The company was founded by Amar Bose in 1964 and is most well known for its home audio systems, speakers, noise-canceling headphones, professional audio products, and automotive sound systems.
In 2011, non-voting shares were donated to MIT by founder Amar Bose. A yearly cash dividend is paid out to "advance the research and education mission of MIT", however, the terms of receiving the shares stated that MIT is not allowed to sell them, nor is MIT permitted to participate in Bose's management or governance.
Bose's annual report for the 2021 financial year saw annual sales at $3.2 billion, and the company employed approximately 7,000 people.
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