DTS, Inc. is a provider of audio technologies that are incorporated into a range of consumer electronics devices by hundreds of licensee customers worldwide. The Company�s audio technologies are used in a range of consumer electronics product applications, including audio/video receivers, soundbars, blu-ray disc players, digital versatile disc (DVD)-based products, personal computers (PCs), car audio products, video game consoles, network capable televisions, digital media players (DMPs), set-top-boxes (STBs), mobile phones, tablets and home theater systems. In addition, it provides products and services to motion picture studios, radio and television broadcasters, game developers and other content creators to facilitate the inclusion of DTS-encoded soundtracks in their content. It also provides a suite of audio processing technologies for users of consumer electronics products. In July 2012, it acquired SRS Labs, Inc.