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Beats Electronics
AddedFeb 13, 2024
UpdatedJun 24, 2026
Beats Electronics

Beats Electronics

Acquired

Beats Electronics: An Apple subsidiary, crafting premium American audio products since 2006.

HQ
Santa Monica, CA, US
Founded
2006
Overview
M & A
Compare
Fundraising
Employees
News

Beats Electronics LLC, also known as Beats by Dr. Dre, is an American consumer audio products manufacturer founded in 2006 by music producer Dr. Dre and record company executive Jimmy Iovine. Headquartered in Culver City, California, the company aims to deliver premium sound experiences through its range of high-quality headphones, earphones, and speakers. Since 2014, Beats has been a subsidiary of Apple Inc., aligning its vision with Apple's commitment to innovation and superior user experience.

Notable figures associated with Beats Electronics include its founders, Dr. Dre and Jimmy Iovine, both influential in the music industry. The company has achieved significant milestones, including widespread brand recognition and a substantial market share in the premium audio segment. Its acquisition by Apple for $3 billion in 2014 stands as one of the largest in Apple's history, underscoring Beats' impact on the audio technology landscape.

Beats Electronics - M & A Snapshot

Open M & A

  • Apple

    Acquired Beats Electronics • $3B • May 28, 2014

Beats Electronics - Similar Companies

Beacon Audio logo

Beacon Audio

Bose logo

Bose

bose.com

Sonos logo

Sonos

sonos.com

Skullcandy logo

Skullcandy

Status Audio logo

Status Audio

status.co

xFyro logo

xFyro

xfyro.com

Shure logo

Shure

shure.com

Dolby Laboratories logo

Dolby Laboratories

dolby.com

HearNotes logo

HearNotes

hearnotes.com

Koss logo

Koss

koss.com

Sound ID logo

Sound ID

soundid.com

Davi Audio logo

Davi Audio

daviaudio.com

Plantronics logo

Plantronics

Instabeat logo

Instabeat

instabeat.com

Wearbuds logo

Wearbuds

Beats Electronics - Quick Facts

Who are Beats Electronics' competitors?

Companies similar to Beats Electronics include Beacon Audio, Bose, Sonos and Skullcandy.

When was Beats Electronics founded?

Beats Electronics was founded in 2006.

Where is Beats Electronics' headquarters located?

Beats Electronics' headquarters is located in Santa Monica, CA, US.

When was Beats Electronics' last funding round?

Beats Electronics' most recent funding round was for $3B (USD) in May 2014.

How much has Beats Electronics raised to-date?

As of May 28, 2014, Beats Electronics has raised a total of $3.8B (USD).

Beats Electronics - Classification

Technology
  • Audio
Geographic Exposure
  • Global
Revenue
  • Transactional
Customer
  • Consumers
Main Product
  • Headphones
  • Speakers
Tags
  • eCommerce
  • Hardware
NAICS
  • 334300Audio and Video Equipment Manufacturing
  • 334310Audio and Video Equipment Manufacturing
  • 330000Manufacturing
  • 334000Computer and Electronic Product Manufacturing
SIC
  • 3650Household Audio And Video Equipment, And Audio Recordings
  • 3600Electronic And Other Electrical Equipment And Components, Except Computer
Show 6 more industry codes
NAICS
  • 710000Arts, Entertainment, and Recreation
  • 335000Electrical Equipment, Appliance, and Component Manufacturing
SIC
  • 3900Miscellaneous Manufacturing Industries
  • 7900Amusement And Recreation Services
  • 7920Theatrical Producers (except Motion Picture), Bands, Orchestras
  • 7929Bands, Orchestras, Actors, And Other Entertainers And Entertainment