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DTS Inc.

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DTS Inc.
NameDTS Inc.
TypePublic
Traded asNASDAQ: DTSI
IndustryAudio technology
Founded1990
FounderTerry Beard
HeadquartersCalabasas, California

DTS Inc. is a leading audio technology company that specializes in the development of surround sound systems, audio codecs, and other audio-related technologies, working with companies like Dolby Laboratories, Sony, and Microsoft. Founded in 1990 by Terry Beard, DTS Inc. has become a major player in the audio industry, with its technologies being used in a wide range of applications, including home theater systems, video games, and cinema sound systems, similar to those used by Warner Bros., Universal Pictures, and 20th Century Fox. DTS Inc. has also collaborated with other companies, such as Intel, IBM, and Cisco Systems, to develop new audio technologies. The company's audio solutions are also used by Netflix, Amazon Prime Video, and Hulu.

History

DTS Inc. was founded in 1990 by Terry Beard, who developed the company's first audio technology, DTS Surround Audio, in collaboration with University of Southern California and California Institute of Technology. In the early 1990s, DTS Inc. began working with film studios, such as Paramount Pictures, Warner Bros., and Universal Pictures, to develop and implement its audio technologies in cinema sound systems, similar to those used by Dolby Laboratories and THX Ltd.. The company's technologies were also used in video games, such as those developed by Electronic Arts, Activision, and Ubisoft. In 1995, DTS Inc. went public with an initial public offering (IPO) on the NASDAQ stock exchange, listing as NASDAQ: DTSI, and has since expanded its operations to include partnerships with companies like Samsung, LG Electronics, and Panasonic.

Products and Services

DTS Inc. offers a range of products and services, including DTS:X, a object-based audio technology that allows for more immersive and interactive audio experiences, similar to those offered by Dolby Atmos and Auro-3D. The company also provides DTS-HD Master Audio, a lossless audio codec that is used in Blu-ray Disc players and other digital media devices, such as those manufactured by Sony, Samsung, and LG Electronics. Additionally, DTS Inc. offers DTS Play-Fi, a wireless audio technology that allows users to stream audio content from their devices to speakers and other audio equipment, similar to Sonos and AirPlay. The company's products and services are used by a wide range of companies, including Apple, Google, and Amazon.

Technology

DTS Inc.'s technologies are based on advanced audio signal processing and psychoacoustics techniques, which allow for the creation of immersive and engaging audio experiences, similar to those developed by Dolby Laboratories and Fraunhofer IIS. The company's DTS:X technology, for example, uses object-based audio techniques to create a more immersive and interactive audio experience, similar to those offered by Dolby Atmos and Auro-3D. DTS Inc. has also developed DTS-HD Master Audio, a lossless audio codec that is used in Blu-ray Disc players and other digital media devices, such as those manufactured by Sony, Samsung, and LG Electronics. The company's technologies are also used in video games, such as those developed by Electronic Arts, Activision, and Ubisoft, and in cinema sound systems, similar to those used by Warner Bros., Universal Pictures, and 20th Century Fox.

Acquisitions and Partnerships

DTS Inc. has made several acquisitions and partnerships over the years to expand its operations and technologies, including its acquisition of SRS Labs in 2012, which added SRS WOW HD and other audio technologies to its portfolio, similar to those offered by Dolby Laboratories and THX Ltd.. The company has also partnered with Microsoft to develop DTS:X for Windows 10 and Xbox One, and with Google to develop DTS:X for Android TV, similar to partnerships between Dolby Laboratories and Apple. Additionally, DTS Inc. has partnered with Samsung and LG Electronics to develop DTS:X-enabled smart TVs, and with Sony and Universal Pictures to develop DTS:X-enabled home theater systems, similar to those offered by Dolby Laboratories and THX Ltd..

Financial Information

DTS Inc. is a publicly traded company listed on the NASDAQ stock exchange under the ticker symbol NASDAQ: DTSI, and has reported significant revenue growth in recent years, driven by the adoption of its audio technologies in a wide range of applications, including home theater systems, video games, and cinema sound systems, similar to those used by Warner Bros., Universal Pictures, and 20th Century Fox. The company has also reported significant profits, driven by the licensing of its audio technologies to companies like Apple, Google, and Amazon, and has expanded its operations to include partnerships with companies like Intel, IBM, and Cisco Systems. In 2016, DTS Inc. was acquired by Xperi Corporation for approximately $850 million, and has since continued to operate as a subsidiary of Xperi, similar to the acquisition of Dolby Laboratories by Dolby Family Trust. Category:Audio technology companies

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