M&A Deal Summary

Sonos Acquires Mayht

On April 11, 2022, Sonos acquired electronics company Mayht for 100M USD

Acquisition Highlights
  • This is Sonos’ 1st transaction in the Electronics sector.
  • This is Sonos’ largest (disclosed) transaction.
  • This is Sonos’ 1st transaction in the Netherlands.

M&A Deal Summary
Date 2022-04-11
Target Mayht
Sector Electronics
Buyer(s) Sonos
Deal Type Add-on Acquisition
Deal Value 100M USD

Target

Mayht

Nieuw-Vennep, Netherlands
Mayht is 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.

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Buyer(S) 1

Buyer

Sonos

Santa Barbara, California, United States
Category Company
Founded 2002
Sector Electronics
Employees1,867
Revenue 1.7B USD (2023)
DESCRIPTION

Sonos is a consumer electronics company. Sonos delivers an unparalleled sound experience, thoughtful home design aesthetic, simplicity of use and an open platform. Sonos, Inc. was founded in 2002 and is headquartered in Santa Barbara, California.

DEAL STATS #
Overall 2 of 2
Sector (Electronics) 1 of 1
Type (Add-on Acquisition) 2 of 2
Country (Netherlands) 1 of 1
Year (2022) 1 of 1
Size (of disclosed) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-11-20 Snips SAS

Paris, France

Snips SAS is an artificial intelligence voice platform for connected devices that provides private-by-design voice technology. Snips Voice Platform turns speech into action with cutting-edge machine learning. Snips SAS was founded in 2013 and is based in Paris, France.

Buy $38M
Mergr

Product

Company

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