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Sonos Announces Acquisition Of Mayht Holding Bv

Apr 11, 2022over 3 years ago

Acquiring Company

Sonos

Acquired Company

Mayht Holding BV

Santa BarbaraAudioMusic

Description

Sonos, Inc. (Nasdaq: SONO) (“Sonos”) today announced the acquisition of Mayht Holding BV (“Mayht”), a Netherlands-based company that has invented a new, revolutionary approach to audio transducers. Transducers are the foundational element within speakers that create sound, and Mayht has re-engineered them to enable smaller and lighter form factors without compromising on quality.

Company Information

Company

Sonos

Location

Santa Barbara, California, United States

About

Sonos is a sound experience company making it easier than ever for millions of listeners around the world to play more, hear more, and feel more.

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M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed