The recent troubles with Sonos’ app update brought a tidal wave of criticisms with which the audio speaker maker could not recover from, introducing a major shakeup that saw its former CEO, Patrick Spence, being forced to step down. With the company’s valuation now reduced to $1.7 billion, down from $5 billion during the pandemic, is Sonos in a position where it has little choice but to be acquired? There is always a possibility, and for a long time, Apple was reported to be the most likely entity to absorb its assets. However, according to the latest report, that is […]
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