Bose Takes Over Skullcandy, Plans to Invest in Brand’s Growth

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Bose has purchased Skullcandy from a fund managed by Mill Road Capital Management, adding the audio brand to its Premium Consumer Audio business. Skullcandy will retain its identity and headquarters in Park City, Utah, while gaining access to Bose's technology, resources and distribution network. The acquisition builds on an existing collaboration that has brought Bose audio technology to Skullcandy products, including the Method 360 ANC earbuds and Crusher 1080 ANC headphones. The companies have not revealed the financial terms of the deal.
Source: gadgets360-tech