DTS Acquires Manzanita Systems
September 11 2014 - 4:30PM
Business Wire
Strategic Acquisition Bolsters DTS’ Suite of
Tools Supporting Adoption of DTS Technologies in Online and
Streaming Applications
DTS Inc. (Nasdaq: DTSI), a leader in high-definition audio
solutions, today announced that it has acquired Manzanita Systems,
the industry-leading developer of MPEG software solutions for
digital television, video on demand (VOD) and over-the-top (OTT)
markets, in a move designed to enable DTS to offer greater value to
its customers in those markets.
“We are committed to growing our business in the
network-connected media ecosystem and believe that the acquisition
of Manzanita Systems will help DTS further strengthen its position
in the space,” said Geir Skaaden, Sr. Vice President of Digital
Content and Media Solutions, DTS.
The acquisition will enable DTS to leverage Manzanita’s toolset
offerings to more rapidly deploy new technologies into the market,
broaden customer support capabilities and accelerate progress in
the network-connected market. Together, DTS and Manzanita will
provide industry-leading content packaging and delivery solutions
for emerging media formats, which in turn supports greater
strategic alignment with studios, music labels and other content
providers.
“As part of DTS, we will continue to offer the industry’s most
advanced transport stream analyzers and software multiplexer
solutions,” said Greg Vines, Vice President, Product
Commercialization, DTS. “Joining DTS allows us to take advantage of
its much larger platform and scale to further develop our product
portfolio and offer customers even greater value.”
DTS will be showcasing streaming demos that utilize tools
developed by Manzanita Systems at IBC 2014 at its stand located in
Hall 2, 2.B50. Media and analysts interested in setting up a demo
and interview can contact dts@globalresultspr.com.
For more information about DTS, please visit www.dts.com, or
connect with DTS on Facebook and Twitter (@DTS_Inc).
Manzanita Systems:
Manzanita Systems is a leading provider of MPEG software
solutions for digital television, VOD, and digital ad insertion.
Renowned for adherence to standards, Manzanita’s transport stream
analyzer and multiplexer are indispensible tools that enable
service providers, broadcasters, post-production houses, and
manufacturers of digital video technologies to produce better MPEG
content, workflows, and solutions. The Manzanita products are
available as standalone applications and SDKs for offline and
real-time applications. Learn more about Manzanita’s proven
solutions at http://www.manzanitasystems.com.
About DTS Inc.
DTS Inc. (Nasdaq:DTSI) is a premier audio solutions provider for
high-definition entertainment experiences—anytime, anywhere, on any
device. DTS exists to make the world sound better. DTS' audio
solutions are designed to enable recording, delivery and playback
of simple, personalized, and immersive high-definition audio, and
are incorporated by hundreds of licensee customers around the world
into an array of consumer electronics devices. From a renowned
legacy as a pioneer in high definition multi-channel audio, DTS
became a mandatory audio format in the Blu-ray Disc™ standard and
is now increasingly deployed in enabling digital delivery of
compelling movies, music, games and other forms of digital
entertainment to a growing array of network-connected consumer
devices. DTS technology is in televisions, personal computers,
smartphones, tablets, digital media players, video game consoles,
Blu-ray Disc players, audio/video receivers, soundbars, DVD based
products, automotive audio systems, set-top-boxes, and home theater
systems. Founded in 1993, DTS' corporate headquarters are located
in Calabasas, California. DTS also has offices in Los Gatos and
Santa Ana, California, Washington, China, France, Hong Kong,
Ireland, Japan, Singapore, South Korea, Taiwan and the United
Kingdom. Copyright 2014, DTS, Inc. DTS, the Symbol, and DTS and the
Symbol together are registered trademarks of DTS, Inc. All other
trademarks are the properties of their respective owners. All
rights reserved.
DTS-C
Media Relations Contacts:Mike Kilroy and Valerie
ChristophersonGlobal Results Communications,
Inc.dts@globalresultspr.com(949) 689-9550orInvestor Relations
Contact:Geri WeinfeldDTS Inc.Geri.Weinfeld@dts.com(818)
436-1231
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