Comments on: Neural Audio Acquired by DTS for $7.5M http://www.xconomy.com/seattle/2009/01/07/neural-audio-acquired-by-dts-for-75m/ Business + Technology in the Exponential Economy Sat, 11 Feb 2012 01:49:51 +0000 hourly 1 http://wordpress.org/?v=3.0.4 By: Jim Edwards http://www.xconomy.com/seattle/2009/01/07/neural-audio-acquired-by-dts-for-75m/comment-page-1/#comment-44268 Jim Edwards Fri, 09 Jan 2009 22:06:36 +0000 http://www.xconomy.com/?p=7702#comment-44268 The press release included the fate of Neural Audio's Kirkland office. Not sure why this reporter left it out. The acquisition brings aboard Geir Skaaden, CEO; Mark Seigle, President & COO; Jeff Thompson, Director of Engineering; and Chief Scientist James "JJ" Johnston. Mr. Johnston is a pioneer in the field of perceptual audio coding, having made contributions to the development of the AAC (Advanced Audio Coding) and MP3 formats, which revolutionized the encoding and delivery of digital audio. "We believe that the acquisition of Neural Audio strengthens DTS' position in the important broadcast and automotive markets while also providing immediate access to the evolving satellite and HD radio industries," said Jon Kirchner, President and CEO of DTS. "In addition and very importantly, we are acquiring an extremely talented team of professionals who we expect will enhance our technology expertise and market knowledge, and help drive our efforts to sell value-added, branded enhancement technologies into the emerging internet, PC and mobile markets for years to come." The press release included the fate of Neural Audio’s Kirkland office. Not sure why this reporter left it out.

The acquisition brings aboard Geir Skaaden, CEO; Mark Seigle, President & COO; Jeff Thompson, Director of Engineering; and Chief Scientist James “JJ” Johnston. Mr. Johnston is a pioneer in the field of perceptual audio coding, having made contributions to the development of the AAC (Advanced Audio Coding) and MP3 formats, which revolutionized the encoding and delivery of digital audio.

“We believe that the acquisition of Neural Audio strengthens DTS’ position in the important broadcast and automotive markets while also providing immediate access to the evolving satellite and HD radio industries,” said Jon Kirchner, President and CEO of DTS. “In addition and very importantly, we are acquiring an extremely talented team of professionals who we expect will enhance our technology expertise and market knowledge, and help drive our efforts to sell value-added, branded enhancement technologies into the emerging internet, PC and mobile markets for years to come.”

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