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Bose Corporation is an American manufacturing company that predominantly sells audio equipment. The company was established by Amar Bose in 1964 and is based in Framingham, Massachusetts. It is best known for its home audio systems and speakers, noise-cancelling headphones, professional audio products, and automobile sound systems. Bose has a reputation for being certainly protective of its patents, trademarks and brands. The majority owner of Bose Corporation is the Massachusetts Institute of Technology. Non-voting shares were donated to MIT by founder Amar Bose and receive cash dividends. The company's annual report for the 2021 financial year stated that Bose Corporation's yearly sales were $3.2 billion, and the company employed about 7,000 people.