-
Sony HT-A5000 Soundbar and Home Theatre System Review: Fairly Well Equipped26 December 2022 -
Sennheiser Ambeo Soundbar Plus, Ambeo Sub Launched at IFA 2022: All You Need to Know2 September 2022
-
LG Eclair QP5 Dolby Atmos Soundbar System Review: Size Matters6 June 2022
-
Sony HT-A7000 Soundbar and SA-SW3 Wireless Subwoofer Review: Big and Powerful Sound at Home25 May 2022
-
Beyerdynamic DT 700 Pro X, DT 900 Pro X Headphones Launched Alongside M 70 Pro X, M 90 Pro X Microphones7 October 2021
Patent Licensing Firm Tessera to Buy Audio Equipment Maker DTS
By Reuters | Updated: 20 September 2016 17:28 IST
Advertisement
Patent licensing company Tessera Technologies Inc said on Tuesday it would buy audio equipment maker DTS Inc for about $850 million (roughly Rs. 5,697 crores) in cash.
The deal will help increase the combined company's presence in the consumer electronics, mobile, automotive and semiconductor markets.
Tessera's offer of $42.50 per share represents a 24 percent premium to DTS's close on Monday.
The combined company expects about $450 million in pro forma revenue for 2016, nearly half of which will come from product licensing.
Tessera said the deal would immediately add to its earnings per share and free cash flow.
GCA is Tessera's financial adviser, while Centerview advising DTS.
© Thomson Reuters 2016
Comments
For the latest tech news and reviews, follow Gadgets 360 on X, Facebook, WhatsApp, Threads and Google News. For the latest videos on gadgets and tech, subscribe to our YouTube channel. If you want to know everything about top influencers, follow our in-house Who'sThat360 on Instagram and YouTube.
Related Stories
Advertisement
Follow Us
-
![Gadgets 360 With Technical Guruji: Ask TG [December 21, 2024]](https://www.gadgets360.com/static/desktop/images/spacer.png)
02:16
Gadgets 360 With Technical Guruji: Ask TG [December 21, 2024] -
05:45
Gadgets 360 With Technical Guruji: Audi A6 e-tron -
18:15
Gadgets 360 With Technical Guruji: Vivo X200 Series, Poco M7 Pro and Audi A6 e-tron -
03:46
Gadgets 360 With Technical Guruji: Hands on With the Vivo X200 and Vivo X200 Pro -
01:19
Gadgets 360 With Technical Guruji: Do You Know About the World's Water-Powered Computer?
-
Vivo S20 Pro या Redmi K80 Pro खरीदने से पहले देखें कौन है बेस्ट
-
10K से सस्ते मिल रहे ये 5G स्मार्टफोन, Amazon पर बेस्ट डील
-
Panasonic LUMIX G97, LUMIX ZS99 4K कैमरे लॉन्च, जानें कीमत
-
16GB रैम, 6400mAh बैटरी वाले OnePlus Ace 5, Ace 5 Pro फोन के फुल स्पेसिफिकेशन लॉन्च से पहले लीक!
-
HONOR Pad X8a Nadal Kids Edition Review : बच्चों का यह टैब कितना यूजफुल? जानें
Popular on Gadgets
- Samsung Galaxy Unpacked 2025
- ChatGPT
- Redmi Note 14 Pro+
- iPhone 16
- Apple Vision Pro
- Oneplus 12
- OnePlus Nord CE 3 Lite 5G
- iPhone 13
- Xiaomi 14 Pro
- Oppo Find N3
- Tecno Spark Go (2023)
- Realme V30
- Best Phones Under 25000
- Samsung Galaxy S24 Series
- Cryptocurrency
- iQoo 12
- Samsung Galaxy S24 Ultra
- Giottus
- Samsung Galaxy Z Flip 5
- Apple 'Scary Fast'
- Housefull 5
- GoPro Hero 12 Black Review
- Invincible Season 2
- JioGlass
- HD Ready TV
- Laptop Under 50000
- Smartwatch Under 10000
- Latest Mobile Phones
- Compare Phones
Latest Gadgets
- Moto G15 Power
- Moto G15
- Realme 14x 5G
- Poco M7 Pro 5G
- Poco C75 5G
- Vivo Y300 (China)
- HMD Arc
- Lava Blaze Duo 5G
- Asus Zenbook S 14
- MacBook Pro 16-inch (M4 Max, 2024)
- Honor Pad V9
- Tecno Megapad 11
- Redmi Watch 5
- Huawei Watch Ultimate Design
- Sony 65 Inches Ultra HD (4K) LED Smart TV (KD-65X74L)
- TCL 55 Inches Ultra HD (4K) LED Smart TV (55C61B)
- Sony PlayStation 5 Pro
- Sony PlayStation 5 Slim Digital Edition
- Blue Star 1.5 Ton 3 Star Inverter Split AC (IC318DNUHC)
- Blue Star 1.5 Ton 3 Star Inverter Split AC (IA318VKU)
- About Us
- Sitemaps
- Feedback
- Archives
- Contact Us
- RSS
- Advertise
- Career
- Privacy Policy
- Ethics
- Editorial Policy
- Terms & Conditions
- Complaint Redressal
Download Our Apps
Available in Hindi
© Copyright Red Pixels Ventures Limited 2024. All rights reserved.
