Dolby Laboratories agrees to acquire GE Licensing for $429 million
SAN FRANCISCO: Dolby Laboratories Inc. (NYSE: DLB) has entered into a definitive agreement to acquire GE Licensing, which owns, maintains, and licenses an extensive portfolio of IP primarily targeting the consumer digital media and electronics sectors. Dolby Laboratories has agreed to acquire GE Licensing, an intellectual property licensing business primarily targeting the consumer digital media…