Massachusetts Financial Services In 13G Filing Reports 11% Passive Stake In TaskUs As Of June 30

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Dolby Laboratories To Acquire GE Licensing In $429M Cash Deal: Strengthens Patent Portfolio

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.

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