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DTS acquired Manzanita Systems, developer of MPEG software solutions...

DTS acquired Manzanita Systems, developer of MPEG software solutions for DTV, VoD and over-the-top markets, DTS said Thursday. “We are committed to growing our business in the network-connected media ecosystem and believe that the acquisition of Manzanita Systems will help…

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DTS further strengthen its position in the space,” said Geir Skaaden, DTS senior vice president-digital content and media solutions. Terms weren’t disclosed.