- The company produces high-end audio equipment - McIntosh has become one of the best-known brands in the marketplace - The deal between the two also includes Sonus Faber - It assembles high-end speakers within Italy - The purchase will help Bose enter the high-end market - The terms or value of the McIntosh purchase were not disclosed - McIntosh was previously owned by Highlander Partners - McIntosh has been manufacturing equipment for 75+ years - McIntosh devices can cost tens of thousands of dollars - Sonus Faber speakers can cost up to $140k. - Bose sales for 2023 were approximately $3 billion - The luxury segment of the market ($5+k) grew 12% in 2023 - The market was $2.8 billion at the end of last year - Bose headphones could be worth around $350k