Dolby Laboratories, Inc.(DLB)- NYSE
  • Feb. 24, 2014, 5:35 PM
    • Dolby (DLB -0.9%) is acquiring Doremi Labs, a maker of video playback servers for digital cinemas, for $92.5M in cash + $20M in performance pay-outs.
    • Doremi's hardware, which include 4K playback servers, complements Dolby's Atmos audio playback systems for theaters. The company also offers theater management software and post-production/mastering systems.
    • Dolby's product sales fell 29% Y/Y in the December quarter to $18.1M (8% of total revenue).
    | Feb. 24, 2014, 5:35 PM
Company Description
Dolby Laboratoties, Inc. develops and delivers products and technologies that improve the entertainment experience. The company offers products, services and technologies to creators and distributors of entertainment content, such as motion picture, television, and music recording studios,... More
Sector: Technology
Industry: Diversified Electronics
Country: United States