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Manufacturing M&A image Manufacturing M&A » By The Online Investor Staff, updated Fri., Apr. 19, 1:58 AM Recent mergers and acquisitions in the Manufacturing M&A category.

This Slide: #32 of 100

Slide #32. Dolby Laboratories, Inc. — Doremi Labs

Acquirer: Dolby Laboratories, Inc. (NYSE:DLB)
Acquiree: Doremi Labs
Details: Dolby Laboratories, Inc. (NYSE:DLB) today announced it has signed a definitive agreement to acquire Doremi Labs, the leading provider of digital cinema video playback solutions. Together with Dolby's award winning Dolby Atmos object-based sound platform, Dolby and Doremi will enable exhibitors and content creators to redefine the movie experience for audiences around the world. Dolby is acquiring Doremi for $92.5 million in cash plus an additional $20 million in contingent consideration that may be earned over a four-year period.

Dolby Laboratories creates audio and imaging technologies. Co. designs and manufactures audio and imaging hardware and software products for the cinema, television, broadcast, and entertainment industries. These products are used in content creation, distribution, and playback. Co. provides a developer platform, Dolby.io, that enables developers access to its technologies through Application Programming Interface (APIs). These offerings include audio and video APIs for building communications, media, and streaming solutions. Co. has various licensing models: a two-tier model, an integrated licensing model, a patent licensing model, recoveries, and collaboration arrangements.

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DLB — Key Stats (updated 15 hours, 20 minutes ago)
Company Name:  Dolby Laboratories Inc
Website:  www.dolby.com
Sector:  Application Software
Number of ETFs Holding DLB:  65
Total Market Value Held by ETFs:  $872.51M
Total Market Capitalization:  $4.68B
% of Market Cap. Held by ETFs:  18.65%
 

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April 19, 2024  •  1:58 AM Eastern
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Buy (3.25 out of 4)
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