DTS to Acquire iBiquity Digital Corporation

CALABASAS, Calif., Sept. 2 (Korea Bizwire) — DTS, Inc. (Nasdaq:DTSI), a leader in high-definition audio solutions and audio enhancement technologies, today announced it has entered into a definitive agreement to acquire iBiquity Digital Corporation,the developer of digital HD Radio technology for AM/FM audio and data broadcasting for approximately $172 million. DTS expects to finance the [...]