Bose Corporation has acquired Skullcandy Inc. from a fund managed by Mill Road Capital Management, adding the lifestyle audio company to its portfolio of brands. Financial terms were not disclosed.
According to the source, the acquisition follows an existing technology partnership that brought Sound by Bose to Skullcandy earbuds and headphones. Skullcandy will remain a separate brand within Bose's Premium Consumer Audio business and will continue to be based in Park City, Utah.