DTS acquires Manzanita Systems
WORLD: High-definition audio solution supplier DTS has announced the strategic acquisition of Manzanita Systems, a developer of MPEG software solutions for digital television, video on demand (VOD) and over-the-top (OTT) markets. The move will diversify the audio company’s portfolio by allowing it to leverage Manzanita’s toolset offerings to more rapidly deploy new technologies and broaden customer support capabilities.
‘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, senior VP of digital content and media solutions, DTS.
‘As part of DTS, we will continue to offer the industry’s most advanced transport stream analysers and software multiplexer solutions,’ continued Greg Vines, VP of product commercialisation, 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.’