Dr. Amar Bose will donate the majority of his company's shares to the Massachusetts Institute of Technology, where he has been both student and teacher.
The 81-year-old founder of the Bose Corporation graduated with MIT's class of 1951, eventually taking bachelor's, master's, and Ph.D degrees. He joined the faculty in 1956 and taught electrical engineering until 2001. In a letter to his employees, Dr. Bose cited his debt to Professors Y.W. Lee, Norbert Wiener, and Jerome Wiesner.