Dolby Laboratories, Inc. (NYSE: DLB), a leader in immersive entertainment experiences, announced today that it 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.
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Culp, who remains the CEO of GE Aerospace, spoke with David Rubenstein at the Economic Club of Washington on Tuesday. The pair reviewed Culp’s history at GE which began when he took a board seat in Apr. 2018. “We recently, announced what we call our takeoff grant,” said Culp.