Dolby Laboratories (DLB) Signs Deal to Acquire GE Licensing [Yahoo! Finance]
Dolby Laboratories (DLB)
Last dolby laboratories earnings: 1/29 04:15 pm
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Source: Yahoo! Finance
GE Licensing is a leading innovator in patent licensing and management that boasts an extensive portfolio of intellectual property related to the consumer digital media and electronics sectors. Its legacy of a rich portfolio of patents and licensing, particularly in the realm of video codec technology, is noteworthy. GE Licensing's parent company, GE Aerospace (erstwhile General Electric Company), is a leading designer, developer and producer of jet engines, components and integrated systems for military, commercial and business aircraft. It has an installed base of roughly 44,000 commercial and 26,000 military aircraft engines. The acquisition deal, valued at $429 million in an all-cash transaction, encompasses GE Licensing's portfolio of more than 5,000 patents and includes foundational patents in standard essential video compression. However, GE Aerospace will hold on to GE brand's trademark portfolio as well as core aerospace and defense technologies IPs inherent to GE. The
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DLB
Earnings
- 5/2/24 - Beat
DLB
Sec Filings
- 6/6/24 - Form 8-K
- 5/30/24 - Form SD
- 5/30/24 - Form 4
- DLB's page on the SEC website