Dolby Laboratories has confirmed that it will acquire Millicast, a developer platform which provides “ultra-low-latency video streaming capabilities that scale to massive audiences”.
Through the acquisition, the Millicast team will strengthen Dolby.io’s WebRTC engineering expertise while also helping build “virtualized, massive audience experiences that feel almost as if you were there”.
“Dolby and Millicast share a passion for enabling the future of lightning-fast, crystal-clear content streamed to thousands of participants,” said Alexandrine Platonoff, CEO, Millicast.
“Together, we have the opportunity to bring ultra-low latency to a global customer base and empower them to build virtualized, massive audience experiences that feel almost as if you were there. We’re excited to become a part of Dolby and can’t wait to see what we build together.”
Millicast enables developers to take the interactive events they build with Dolby.io and stream them from the presenter to audiences of more than 60,000 people with delays of less than 500 milliseconds.
“There is a growing demand to make online events as lifelike and compelling as being there in person,” said Marie Huwe, SVP, Dolby.io.
“We are thrilled to welcome the Millicast team to Dolby. Together, we expand the Dolby.io platform to make it even easier for developers and businesses to stream real-time content and immersive, interactive experiences that look and sound incredible.”