October 4, 2024
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Analyst: Sonos deal could pave way for bigger investment in smaller speakers

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Santa Barbara-based Sonos announced April 11 it had acquired Netherlands-based Mayht for $100 million in cash, but shares of Sonos didn’t shift much in the days that followed as investors and analysts wait to see how the company plans to leverage the acquired technology. Mayht specializes in audio transducers, the foundational element within speakers that…

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