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Beats Electronics
Beats Electronics is an American producer of audio products headquartered in Culver City, California, U.S. The company was founded by rapper and hip-hop producer Andre "Dr. Dre" Young and Interscope-Geffen-A&M Records chairman Jimmy Iovine.
For a period, the company was majority-owned by Taiwanese smartphone maker HTC—the company reduced its stake to 25% in 2012, and sold its remaining stake back to the company in 2013; concurrently, Carlyle Group replaced HTC as a minority shareholder, alongside Dr. Dre and Iovine, in late 2013.
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- Part of Speech: proper noun
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- Industry/Domain: Music
- Category: Audio equipment
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