3/30/2024 0 Comments Srs audio essentials dts(Nasdaq: SRSL), a leader in audio processing and enhancement technologies, today announced that they have entered into a definitive agreement under which DTS will acquire all outstanding shares of SRS Labs in a cash-and-stock transaction valued at $9.50 per share, or a total of approximately $148 million in aggregate equity value, including acquired net cash of approximately $38 million as of December 31, 2011. (Nasdaq: DTSI), a leader in high-definition audio, and SRS Labs, Inc. Transaction Expected to be Accretive to DTS by 2013ĬALABASAS, Calif. DTS TO ACQUIRE SRS LABS IN CASH-AND-STOCK TRANSACTIONĬombination Accelerates Growth in Rapidly Growing Mobile and Other Network-Connected Marketsīrings Together Leaders in Codec Solutions and Audio Processing
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