Dolby to acquire Digital Cinema Server Manufacturer Doremi

by | Feb 24, 2014 | News | 0 comments

Dolby DoremiDCS Supporter, Dolby Labs has agreed to acquire Digital Cinema server vendor Doremi for $92.5 million in cash, plus up to another $20 million over a four year period.  Dolby was a pioneer in this market, but the addition of the Doremi products are said to complement Dolby’s current offerings.  Dolby may have also placed a high value on Doremi’s strong ties in emerging markets, such as Latin Amerca, where they enjoy a 70% market share and the conversion of cinemas to digital projection technology has not yet been completed.

 

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