Dolby to acquire low-bandwidth Swedish tech house

Dolby Laboratories says it will acquire Swedish technology house Coding Technologies in a deal said to be worth 250 million dollars. Like Dolby, Coding Technologies has a number of proprietary algorithms which improve the efficiency of compressed audio formats like AAC+ and MP3Pro. Dolby says that the purchase will “broaden its technology portfolio and [...]

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I think it’s a toss up between Degidesign and Dolby as to which has become the Microsoft of the audio industry. You don’t use their products because you want to; you use them because you have to.

Smarty-pants remarks from me aside, I’ve only found press releases about this so far, no discussion. What happens when Dolby owns the company that co-developed MP3 surround, a possible solution for delivering surround sound on digital radio?

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