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Bose history
Bose company history timeline
The company was founded in Massachusetts in 1964 by Amar Bose with angel investor funding, including Amar's thesis advisor and professor, Y. W. Lee.
In 1966, the Bose 2201 became the first product sold by the company.
Since its introduction in 1968, the 901 speaker series underwent several revisions in which sound quality was improved and the speakers were made suitable for the digital age.
Also in 1968, the company introduced the Bose 901 stereo speaker system, which used eight mid-range drivers pointing towards the wall behind the speaker, and a ninth driver towards the listener.
1972: Bose begins selling loudspeakers for professional musicians.
1978 Quest for noise cancelling technology begins.
1983: Company loses libel lawsuit against Consumer Reports magazine, at the United States Supreme Court level.
Amplifying the bass notes via an 80-inch tube folded into less than one cubic foot of space, Bose’s Acoustic Wave Music System was introduced in 1984.
1986 Prototype noise cancelling headphones make historic flight.
Bose donated two of these headsets to Dick Rutan and Jeanna Yeager, who piloted their light plane the Voyager on a nonstop around the world flight in 1986.
1989 First commercial acoustic noise cancelling headset.
1990: Lifestyle speaker systems are introduced.
A Bose loudspeaker was even used at the 1992 Winter Olympics in Albertville, France.
Greenblatt, Sherwin, “Continuous Improvement In Supply Chain Management,” Chief Executive, June 1993, pp 40-43.
The first Bose retail store was opened in 1993 in Kittery, Maine.
In 1994 Bose sued CSW after the latter claimed that its speakers were 'better than Bose at half the price.' After that suit was settled, Bose soon filed another lawsuit against CSW, this time alleging patent violations.
In a 1994 interview with Kathleen Lander of HPR magazine, Doctor Amar Bose indicated that Bose Corporation headquarters, known only as The Mountain for its commanding view of the countryside, was scheduled for expansion.
The expansion included construction of a new six-story, all-glass-facade, ultramodern headquarters building, which had room for 800 employees and was completed in 1997.
1998 Aviation headsets get smaller, lighter, better.
In early 1999 CSW filed a countersuit alleging that Bose had made false advertising claims when it stated that its Wave radio was the best reviewed product of its kind on the market.
1999: Company launches online sales from its web site.
Bose wins its seventh Plus X Award since 2007.
2008 Hall of Fame induction.
2010 Better in-flight experience for pilots: A20 Aviation Headset.
In 2011, then-chairman and primary stockholder Amar Bose donated the majority of the firm's non-voting shares to his former employer and alma mater, the Massachusetts Institute of Technology.
Following Amar Bose's death in 2013, Bob Maresca became the Chief Executive Officer.
2014: Official Headphone and Headset of the NFL
2015 Award-winning A20 Aviation Headset updated with enhanced features.
In June 2016, Bose and Flex manufacturing extended their strategic partnership.
At the end of 2017, Maresca stepped down as CEO and Bose President Phil Hess took the position.
2018 Aviation headsets get smaller, lighter, and more comfortable – again.
In 2018, the 901’s will celebrate 50 years of continuous production.”
2019 Updates and improvements to the ProFlight Series 2 Aviation Headset.
In January 2020, Bose announced that they would be closing all their more than 100 retail stores in North America, Japan, Europe, and Australia.
In August 2020, Bose named their first female CEO, Lila Snyder, who was formerly an executive at Pitney Bowes.
Bose announced it would close all of its retail stores in North America, Europe, Japan, and Australia in 2020, but would keep open another 130 stores in India, Southeast Asia, South Korea, China, and the United Arab Emirates.
"Bose Corporation ." International Directory of Company Histories. . Retrieved June 21, 2022 from Encyclopedia.com: https://www.encyclopedia.com/books/politics-and-business-magazines/bose-corporation-0
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