The story
Founded by Lars Liljeryd in 1997.1
The company was founded in Stockholm, Sweden, in 1997 by Lars Liljeryd. A German subsidiary was formed in 2000 as Coding Technologies GmbH (later renamed Dolby Germany GmbH) with support from the research organization Fraunhofer IIS. The company also had offices in the United States and China.
Coding Technologies was acquired by Dolby Laboratories in 2007 for $250 million in cash. Since then it was renamed to Dolby International AB.
From Wikipedia’s article on Coding Technologies, shared under CC BY-SA 4.0.3