WiSA Technologies rises on Dolby audio partnership

Dolby Laboratories

12/02/2025 15:27

** Shares of sound technology firm WiSA Technologies
 WISA.O  rise 30% to $1.48
    ** WISA says it has partnered with Dolby Laboratories
 DLB.N  to improve wireless audio integration on Android and
Linux platforms
    ** Partnership will make it easier and faster for companies
to add high-quality audio to their devices, reducing setup time
from 1 year to just 2 months, co says
    ** Dolby's shares down 1.1% at $82.62
    ** The global wireless audio market is expected to reach
$154.3 billion by 2030, driven by demand for high-quality
wireless audio solutions - WISA
    ** WISA will soon rebrand as Datavault AI
    ** More than ~27 mln shares traded, 46 times their 25-day
moving average
    ** WISA fell 88.5% in 2024

 (Reporting by Kamal Choudhury in Bengaluru)
 ((Kamal.Choudhury@thomsonreuters.com;))