DTS Buys Manzanita Systems

(RTTNews) - DTS Inc. (DTSI) said Thursday that it has acquired Manzanita Systems, the developer of MPEG software solutions for digital television, video on demand and over-the-top markets, in a move designed to enable DTS to offer greater value to its customers in those markets.

The acquisition will enable DTS to leverage Manzanita's toolset offerings to more rapidly deploy new technologies into the market, broaden customer support capabilities and accelerate progress in the network-connected market.

Together, DTS and Manzanita will provide industry-leading content packaging and delivery solutions for emerging media formats, which in turn supports greater strategic alignment with studios, music labels and other content providers.