You may not be aware that Bose is owned by Massachusetts Institute of Technology - donated entirely by Amar Bose upon his death. MIT’s endowment fund exceeds $23.5 Billion.
@musicearlyadopter If I recall correctly, the shares Amar Bose donated to MIT were non-voting shares. While they make up the majority of the market cap of the company, MIT does not have a controlling interest.
I have fond memories of taking Prof. Bose’s acoustics class in 1980. He was emphatic about the need to measure not the physical properties of sound systems, but rather the listener’s response (including psychoacoustics). I took his class right around the time that he was forming, and demonstrating, the ideas that would later become the Acoustimass system -- a hidden subwoofer at frequencies where location cues are mostly absent, and small satellite speakers that provided directional information in the higher frequencies.
Much can be said about the directions that Bose Corporation took after Prof. Bose passed away, but I will remember him as infinitely curious, highly creative, and an excellent teacher.