
Beats by Dre was founded in 2006 by rapper Dr. Dre and music producer Jimmy Iovine. The brand quickly gained popularity for its signature bass-heavy sound and fashionable designs. In 2014, Beats was acquired by Apple Inc. for $3 billion, making it one of the most significant acquisitions in the tech industry at that time. Since then, Beats has continued to innovate, launching new products and expanding its market presence.