Sonos announced Monday it is moving its new $1,000 Sonos PlayBook to its headquarters in San Francisco, a move that will allow it to begin building its new office building later this year.
The move comes after months of speculation that the company was seeking a new headquarters, and is the latest in a series of moves by the company in recent months.
Sonos moved its $1.4 billion headquarters to the Santa Clara Valley in December, and announced last year that it had reached a $5 billion investment round led by private equity firm Colony Capital, led by venture capitalist Fred Wilson.
In December, Sonos also announced that it was buying Beats Electronics, the maker of the popular headphones and speaker brands Apple and Samsung.
Sono CEO Jeff Jones, who also leads Sonos parent company Beats Electronics and is currently on leave, was in California for a conference when he announced the move.
Sonus CEO Mike Sonus will remain on the CEO role, and will continue to be a director.
“Sonos is always on the lookout for the next great idea, and this new headquarters gives us the flexibility to grow our product and service, while expanding our talent base,” Sonos said in a statement.
“We are very excited to share the new Sonos headquarters with our talented and dedicated team of engineers and designers.
It’s an exciting time for Sonos and we are thrilled to have them here.”