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Bose acquires Skullcandy, will run it as separate audio brand

Bose has acquired headphone and speaker maker Skullcandy, which will continue operating from its Park City, Utah base as a distinct brand under Bose's consumer audio division. The deal's financial terms were not disclosed, though the two companies have collaborated for years, including Bose audio tech featured in Skullcandy's Crusher 1080 headphones. Bose CEO Lila Snyder said the move expands the company's reach through new brands and partnerships.