DTS Buys Manzanita Systems

Calabasas-based DTS, the developer of surround sound and other technology, said late Thursday that it has acquired Manzanita Ssstems, which develops MPEG software for the digital television, video on demand, and other markets. Financial terms of the buy were not disclosed. Manzanita Systems is based in Poway, just north of San Diego. According to DTS, the move will bolster tools for online and streaming video applications.