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Sonos, Inc. provides multi-room wireless smart home sound systems. It supports streaming services around the world, providing customers with access to music, Internet radio, podcasts, and audiobooks, with control from Android smartphones, iPhone, or iPad. Read More The company was founded by Mai Trung, John MacFarlane, Craig A. Shelburne and Thomas S. Cullen in 2002 and is headquartered in Santa Barbara, CA.
Santa Barbara, California
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‘We have to go toe-to-toe with the giants every day’: How to survive in a tech industry dominated by behemoths
Sonos Inc. chief executive Patrick Spence knows where his company fits in. The smart-speaker producer, which listed on the Nasdaq last year and currently has a market cap of about US$1 billion, both partners and competes with Amazon Inc. (market cap $893 billion) and Alphabet Inc.’s Google (market cap US$793 billion.) Sometimes you’re sparring, sometimes you’re dancing Sonos CEO Patrick Spence “We have to go toe-to-toe with the giants every day. Sometimes you’re sparring, sometimes you’re dancing,” Spenc...
Seeking AlphaMay 20
Sonos hires Anki talent - Axios
Axios reports that Sonos (NASDAQ:SONO) has hired at least 20 engineers from abruptly shuttered consumer robot maker Anki. The fresh Sonos employees will form the backbone of a new San Francisco office....
Yahoo FinanceMay 15
Analyst: Google Assistant Could Boost Sonos Speaker Sales
“Hey Google, should I buy Sonos Inc. (NASDAQ: SONO)?” Google Assistant can now answer questions through the Sonos One and Beam Speakers. And those people who don’t have Sonos speakers may buy one because of the new Google function, DA Davidson said Wednesday. Scroll to continue with content Ad The Analyst DA Davidson’s Tom Forte reiterated a Buy rating and $20 price target on Sonos. The Thesis Forte sees the announcement by Alphabet Inc. (NASDAQ: GOOG)’s Google and Sonos as a catalyst for sales. The s...
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