Tessera Holding Corp. (Nasdaq: TSRA), through subsidiary DTS Inc. (Nasdaq: DTSI), is buying smart phone app developer All In Media. Terms of the deal were not disclosed.
All In Media, founded in 2007 by Chris Gould and Jason Malaure, engages broadcasting clients to connect with listeners through mobile applications. Using the target’s services, radio stations and visual radio broadcast stations can customize templates to build apps for iOS and Android devices. All In Media’s broadcast system service, called Rapid, enables stations to create and publish visual content across mobile phones, online and digital and FM radio. The target's list of clients include: BBC Radio, Fairfax Media, Absolute Radio, Wireless Group plc, WRN Broadcast, Orion, and UK Radioplayer. All In Media operates from offices in London and Sydney, Australia.