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Synopsis
Dolby Laboratories, an immersive entertainment experiences services provider, completed the acquisition of Millicast, a developer platform that provides ultra-low-latency video streaming capabilities. Financial terms were not disclosed. "There is a growing demand to make online events as lifelike and compelling as being there in person. We are thrilled to welcome the Millicast team to Dolby. Together, we expand the Dolby.io platform to make it even easier for developers and businesses to stream real-time content and immersive, interactive experiences that look and sound incredible," Marie Huwe, Dolby Senior Vice President.
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