Sonos Announces Acquisition of Mayht Holding BV
Sonos, Inc. (NASDAQ:SONO) ("Sonos") today announced the acquisition of Mayht Holding BV ("Mayht"), a Netherlands-based company that has invented a new, revolutionary approach to audio transducers. Transducers are the foundational element within speakers that create sound, and Mayht has re-engineered them to enable smaller and lighter form factors without compromising on quality.
"Mayht's breakthrough in transducer technology will enable Sonos to take another leap forward in our product portfolio," said Patrick Spence, CEO. "This strategic acquisition gives us more incredible people, technology and intellectual property that will further distinguish the Sonos experience, enhance our competi
