DTS ACQUIRES ALL IN MEDIA
CALABASAS, Calif., Dec. 8, 2016 /PRNewswire/ -- DTS, Inc., a wholly owned subsidiary of Tessera Holding Corporation (Nasdaq: TSRA) and a global leader in high-definition audio solutions, has announced the acquisition of All In Media, a leading worldwide supplier of smartphone apps and broadcast systems for the radio industry.
Founded in 2007, with offices in London, England and Sydney, Australia, All in Media's deep experience in broadcasting and mobile app development has led to the creation of more than 500 radio station apps for prominent customers worldwide including the Australian Broadcasting Corporation, Bauer Media Group, Nova Entertainment, NRK, Primedia, Radioplayer, RTÉ Radio, Southern Cross Austereo and Wireless Group.
All In Media's services and products across iOS and Android platforms include custom app development, premium template apps and industry aggregator apps. In addition, its broadcast system platform, RAPID, manages and publishes visual radio services. The RAPID platform enables radio stations to automatically collect as well as manually create rich visual content and publish it for distribution across both digital and FM radio, online and mobile platforms.
"We are excited to expand our portfolio of radio technology solutions with the addition of All In Media," said Jon Kirchner, president, Tessera Holding Corporation. "Radio reaches more consumers than any other broadcast medium, and this is a great opportunity for DTS to continue driving the progression of radio technology for broadcasters and enhance the radio consumption experience for listeners around the world in a meaningful, impactful way."
"Having grown the company over the past nine years, this is an incredible opportunity for us to build on that success and contribute to a key business of DTS," said Chris Gould, CEO, All In Media.
Jason Malaure, CTO and co-founder, All In Media added, "I am confident our great team, technology and customer base will deliver positive results to DTS, and we will no doubt benefit from DTS' history of innovation and resources."
About DTS, Inc.
Since 1993, DTS, Inc. has been dedicated to making the world sound better. Through its pioneering audio solutions for mobile devices, home theater systems, cinema, automotive and beyond, DTS provides incredibly high-quality, immersive and engaging audio experiences to listeners everywhere. DTS technology is integrated in more than two billion devices globally, and the world's leading video and music streaming services are increasingly choosing DTS to deliver premium sound to their listeners' network-connected devices. For more information, please visit www.dts.com.
About Tessera Holding Corporation
Tessera Holding Corporation is the parent company of Tessera, DTS, FotoNation and Invensas. We are one of the world's leading product and technology licensing companies. Our technologies and intellectual property are deployed, in areas such as premium audio, computational imaging, computer vision, mobile computing and communications, memory, data storage, 3D semiconductor interconnect and packaging. We invent smart sight and sound technologies that enhance and help to transform the human connected experience. For more information, call +1 408-321-6000 or visit www.tesseraholdingcorporation.com .
Tessera, DTS, FotoNation, Invensas and their respective logos, are trademarks or registered trademarks of affiliated companies of Tessera Holding Corporation in the United States and other countries. All other company, brand and product names may be trademarks or registered trademarks of their respective companies.