Founder and Chairman of Bose Corporation Dead at 83
(NEW YORK) -- You may have his sound in your home, Amar Bose, the founder and chairman of the Massachusetts-based audio technology company that bears his named has died at age 83. Bose began to study acoustics at the Massachusetts Institute of Technology, where he was on the faculty for more than 40 years.
While Bose speakers were expensive, they had a reputation for high quality.
Bose's company, which was privately held, specialized in long-range research that the Wall Street Journal says could never have been done by a public company. In 2011, Bose donated the majority of the stock in his corporation to MIT, which was to use the dividends for education and research.
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