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Anil Ambani- ADAG buys US based DTS Digital Images Business

Indian companies acquiring foreign companies continues. The latest is Anil Ambani Group firm Reliance Big Entertainment(ADAG) has acquired the digital images business of US-based DTS Inc.

The sale, which closed on April 4 for approximately $7.5 million (about Rs 30 crore) in cash, marks DTS’ exit from the image enhancement and restoration services business.