dtsi – Scalper1

DTS Aims To Expand HD Radio Reach With Acquisition

Premium audio technology firm DTS (DTSI) turned up the volume on its stock Wednesday when it announced plans to acquire iBiquity Digital, the company behind HD Radio. Calabasas, Calif.-based DTS said that it will pay about $172 million for iBiquity, developer of the digital AM-FM audio and data broadcasting standard. DTS will finance the transaction with cash on hand and debt. It expects the transaction to close later this year, pending customary

Ultra HD Blu-ray could boost DTS, Dolby, Cowen says

Audio technology firm DTS (DTSI) is likely to get a lift from sales of Ultra HD Blu-ray Disc players and the continued adoption of 4K television sets, investment bank Cowen & Co. said Monday. Calabasas, Calif.-based DTS gets about 20% to 25% of its revenue from licensing its audio technology for Blu-ray Disc products. Later this year, Ultra HD Blu-ray Disc products will hit the market with four times the resolution of today’s Blu-ray with a richer color gamut and higher frame rate for greater realism. Last week, the Blu-ray Disc Association approved the specification for the new ultra-high definition Blu-ray Disc standard. That opens the door for consumer electronics manufacturers and retailers to sell more next-generation televisions and set-top boxes. It also will give Hollywood studios a chance to sell upgraded versions of its movies to disc collectors. “We expect optical discs to be a key format while native…