Dolby Buys Coding Technologies For $250 Million
Dolby Laboratories has inked a definitive agreement to acquire privately held Coding Technologies AB for approximately $250 million. Coding Technologies is a provider of audio compression technologies such as aacPlus, MPEG Surround and mp3PRO for the mobile, digital broadcast and internet markets. This acquisition is intended to broaden Dolby’s technology portfolio and expertise for emerging low-bandwidth media applications and...
BanPiracy Continues Intellectual Property Theft Efforts
BanPiracy, a company formed to fight intellectual property theft in the audio software industry and owned by the shareholders of Waves Audio Ltd., pledged to sue recording facilities which they determine to be in possession of unauthorized Waves software. The group also stated that several dozen recording studios, mostly in New York, Los Angeles and South Florida, are facing lawsuits. This summer, we dubbed the initiative the Waves...
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