Formally established in 2008, Beats Electronics (Beats) comprises the Beats™ by Dr. Dre™ family of premium consumer headphones, earphones, and speakers as well as patented Beats Audio™ software technology and streaming music subscription service Beats Music™.
Through these world class offerings, Beats™ has effectively brought the energy, emotion and excitement of playback in the recording studio to the listening experience and has introduced an entirely new generation to the possibilities of premium sound entertainment.
For a period, the company was majority-owned by HTC. The company reduced its stake to 25% in 2012, and sold its remaining stake back to the company in 2013. In 2014, Apple Inc. acquired Beats for US $3 billion in a cash and stock deal, the largest acquisition in Apple's history.