DTS Announces DTS:X Creator Suite for Immersive Object-Based Audio

DTS, now a part Of Xperi (former Tessera Holdings) finally introduced its DTS:X Creator Suite, with all the needed tools for professional content production of immersive, object-based DTS Audio for cinema, Ultra HD Blu-ray, Blu-ray and other home formats. The new DTS:X Creator Suite provides the ability to encode, mix and deliver in both DTS:X and DTS Headphone:X formats, combining all the previous existing software tools, including MDA Tools and DTS:X Encoder Suite.

Following the original announcement in September 2016, Tessera Holding Corporation announced it has completed the acquisition of DTS. Tessera Technologies and DTS are now combined under Tessera Holding Corporation and the shares of the combined company will continue to trade on the NASDAQ under Tessera’s ticker symbol TSRA. The Company plans to introduce a new corporate name, stock ticker, brand and logo during the first quarter of 2017.

Imaging and semiconductor technologies company Tessera Technologies, announced the intention to acquire DTS, Inc, effectively resulting in the merger of the two companies. The surprising announcement states that the established audio solutions provider has entered into a definitive agreement under which Tessera will acquire DTS for $42.50 per share. The all-cash transaction is valued at approximately $850 million.