Dolby laboratories announces agreement to acquire ge licensing from ge aerospace

Acquisition to strengthen dolby's licensing businesses and create opportunity for future growth san francisco , june 6, 2024 /prnewswire/ -- dolby laboratories, inc. (nyse: dlb), a leader in immersive entertainment experiences, announced today that it has entered into a definitive agreement to acquire ge licensing, which owns, maintains, and licenses an extensive portfolio of ip primarily targeting the consumer digital media and electronics sectors. as one of the most respected companies in the field of patent licensing and management, ge licensing is a leading innovator with world-class patents and licensing expertise, especially with respect to pioneering video codec technology.
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