Bose buys McIntosh, Sonus faber as it eyes expansion of in-car audio [Yahoo! Finance]
Rivian Automotive, Inc. (RIVN)
Company Research
Source: Yahoo! Finance
Bose describes the acquisition as a strategic move that will “infuse its industry-leading audio research and technology into the high-performance and luxury space,” according to a press release . The details of the transaction were not included. The joining of these two U.S.-based corporations appears to be aimed at expanding their reach into the automotive world, at least initially. Bose says it intends to leverage its 40-plus years of experience in automotive audio along with McIntosh's performance and design to engineer “authentic in-car experiences that redefine automotive sound.” Recently, much of the innovation in the automotive audio space has been centered around immersive formats like Dolby Atmos. Both Mercedes and Lucid have announced Atmos-capable systems, and in August 2024, Rivian revealed that it will offer Dolby Atmos Music via Apple Music , despite refusing to integrate Apple's CarPlay technology Bose is no stranger to in-car audio: Its systems are a familiar sig
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News
- Tesla Superchargers: GM, Ford, Rivian, and other EV brands with access [TechCrunch]TechCrunch
- Fortune [Fortune]Fortune
- How CFOs can avoid the ‘innovator's dilemma' [Yahoo! Finance]Yahoo! Finance
- Three Big Reasons to Love Rivian (RIVN) [Yahoo! Finance]Yahoo! Finance
- How CFOs can avoid the ‘innovator's dilemma' [Fortune]Fortune
RIVN
Earnings
- 11/7/24 - Beat
RIVN
Sec Filings
- 11/19/24 - Form 4
- 11/19/24 - Form 4
- 11/12/24 - Form 8-K
- RIVN's page on the SEC website