Don’t miss the latest developments in business and finance.

Founder of US-based Bose audio firm dies at 83

Death announced yesterday by company president Bob Maresca and MIT; cause of death not released

APPTI Boston
Last Updated : Jul 13 2013 | 11:29 AM IST
The founder and chairman of the Massachusetts-based audio technology company Bose Corporation has died. Amar Bose was 83.

Bose's death was announced yesterday by company president Bob Maresca and the Massachusetts Institute of Technology, where Bose began his acoustics research and was on the faculty for more than 40 years. The cause of his death hasn't been released.

The company was founded by Bose in 1964. It's based in the Boston suburb of Framingham and known for making radios and noise-canceling headphones.

Bose in 2011 gave MIT the majority of company stock in the form of non-voting shares whose dividends are used to support education and research. MIT doesn't participate in management or governance of the company.

Also Read

First Published: Jul 13 2013 | 4:30 AM IST

Next Story