DTS Inc, now a wholly owned subsidiary of Tessera Holding Corporation, has announced the acquisition of All In Media.
AIM produces mobile apps for a number of radio groups, including Bauer, Radioplayer, Wireless Group, RTÉ Radio, Southern Cross Austereo and the Australian Broadcasting Corporation.
All In Media’s services and products across iOS and Android platforms include custom app development, premium template apps and industry aggregator apps. In addition, its broadcast system platform, RAPID, manages and publishes visual radio services. The RAPID platform enables radio stations to automatically collect as well as manually create rich visual content and publish it for distribution across both digital and FM radio, online and mobile platforms.
“We are excited to expand our portfolio of radio technology solutions with the addition of All In Media,” said Jon Kirchner, president, Tessera Holding Corporation. “Radio reaches more consumers than any other broadcast medium, and this is a great opportunity for DTS to continue driving the progression of radio technology for broadcasters and enhance the radio consumption experience for listeners around the world in a meaningful, impactful way.”
“Having grown the company over the past nine years, this is an incredible opportunity for us to build on that success and contribute to a key business of DTS,” said Chris Gould, CEO, All In Media.
Jason Malaure, CTO and co-founder, All In Media added, “I am confident our great team, technology and customer base will deliver positive results to DTS, and we will no doubt benefit from DTS’ history of innovation and resources.”
Tessera Holding Corporation is the parent company of Tessera, DTS, FotoNation and Invensas – a product and technology licensing company. Its technologies and intellectual property are deployed, in areas such as premium audio, computational imaging, computer vision, mobile computing and communications, memory, data storage, 3D semiconductor interconnect and packaging. The company invents smart sight and sound technologies that enhance and help to transform the human connected experience.