Bose buys McIntosh

In 1977 Harman accepted an appointment in the Carter administration as Under Secretary of the United States Department of Commerce. Then US law required appointees to have no direct business interests in day-to-day activities. When Harman took office in 1976, he sold his company to conglomerate Beatrice Foods for $100 million^[21] to avoid a conflict of interest. Beatrice promptly sold many portions of the company, including the original Harman Kardon division, and by 1980 only 60% of the original company remained.

Bet you didn't know that!  Yes, Harmon Kardon.  How weird.

It will be interesting to see how Bose impacts what Mc and Sonos are currently doing.  Did they buy them for the brand name and brand recognition or to help them grow and be more profitable doing what they do.  Time will tell.  Consolidation in business is inevitable because if you’re publicly held or want to cash in there’s always a bigger company with money to invest.  I have Bose headphones, Bluetooth speakers and an old desktop radio and CD player.  They do what they do very well.  I don’t have a Mc but have always wanted a pair of blue meters.  Looking forward to what comes next from both companies.  

It's not 1950 anymore. Mac won'r be missed.

It is better to keep your mouth closed and let people think you are a fool than to open it and remove all doubt.