The founder of Bose Corp., Amar Bose, died on Friday, aged 83. Bose had been a professor at the Massachusetts Institute of Technology unveil his death.
Bose's discoveries lead to new designs for speakers and other audio components that led him toward his path of being a billionaire. Bose's first contracts were actually quite large, with the National Aeronautics and Space Administration - you know, NASA - for improvements on audio communications.
It wasn't long after this contract that Bose entered the commercial audio market and have seen huge success since.
- >> NEXT STORY: RumorTT: Shortage in Retina display panels means no refreshed iPad mini this year
- << PREVIOUS STORY: Hulu won't be sold and will instead invest $750 million to 'propel future growth'