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...
Gibson Officially Announces Self-Tuning Guitar
Gibson Guitar has announced the world’s first self tuning guitar with what the guitar manufacturers claims is “robotic technology.” It is even calling the self-tuner, the Gibson Robot Guitar (Yeesh! Nothing makes you want to run out to your local guitar store with a name like that! —Ed.). Gibson has been on the forefront of incorporating the latest technology into their guitars, and the Robot Guitar is no...
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