In a shock move, Bose just announced a deal to acquire the McIntosh Group, the parent company of both McIntosh and Sonus Faber. That’s right, the biggest name in consumer audio, best known for its noise-canceling headphones and wireless speakers, now owns not one but two of the most storied names in luxury hi-fi.

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Bose has acquired the high-end audio brand McIntosh — a move that Bose says will “significantly” expand its product lineup. The acquisition, which also includes McIntosh subsidiary Sonus faber, also “opens new opportunities in the automotive sector,