Broadcast Vendor M&A: DTS Acquires Manzanita Systems

Posted by Joe Zaller
Sep 22 2014

Audio technology specialist, DTS Inc. has acquired Manzanita Systems, a provider of MPEG software solutions for digital television, video on demand (VOD), and over-the-top (OTT) markets.  Terms of the deal were not disclosed.

Manzanita is best known in the video technology sector for its transport stream analyzers and software multiplexer solutions.  Manzanita’s technology is integrated into the solutions of several technology vendors, especially those involved in the transcoding and distribution of video content.

This is DTS’s first acquisition since its purchase of SRS Labs in July 2012. The addition of Manzanita’s video technology portfolio is an interesting move for DTS and may suggest a greater expansion into the video sector as a complement to DTS’s position in the audio sector.

“We are committed to growing our business in the network-connected media ecosystem and believe that the acquisition of Manzanita Systems will help DTS further strengthen its position in the space,” said Geir Skaaden, SVP Digital Content and Media Solutions at DTS.

Consistent with the seller rationale for many M&A transactions, Manzanita will now have access to significantly more resources as part of DTS.  According to Manzanita’s founder and CEO Greg Vines “joining DTS allows us to take advantage of its much larger platform and scale to further develop our product portfolio and offer customers even greater value.”

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Related Content:

Press Release: DTS Acquires Manzanita Systems

DTS Reports Strong Q2 2014 Results; Revenue Growth of 33% Year-over-Year

More Broadcast Vendor M&A: DTS to Acquire SRS Labs for $148 Million

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