Dolby Laboratories is set to acquire GE Aerospace's GE Licensing, which holds over 5,000 patents in consumer digital media and electronics. This $429 million acquisition will enhance Dolby's patent portfolio, strengthening its position in video compression technology. The transaction, expected to close by fiscal year 2024, aims to boost operating margins and EPS in fiscal 2025.
Acquisition to strengthen Dolby's licensing businesses and create opportunity for future growthSAN FRANCISCO, June 6, 2024 /PRNewswire/ -- Dolby Laboratories, Inc. (NYSE:DLB), a leader in immersive entertainment
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By the end of today, December 05, 2023, Dolby Laboratories (NYSE:DLB) is set to deliver a dividend payout of $0.30 per share, equating to an annualized dividend yield of 1.35%. Shareholders who owned the stock prior to the ex-dividend date on November 27, 2023 will receive this payout.