SPATIALIZER HITS HIGH NOTE ON APPLE DEAL.Byline: Ben Sullivan Daily News Staff Writer Shares in Spatializer Audio Laboratories pumped up the volume Tuesday Tuesday: see week. , more than doubling on news that Apple Computer Inc. has licensed several of the company's audio technologies for its home and business computer lines. Shares in Spatializer rose 15 cents to close at 29 cents, a gain of 107 percent. More than 903,000 shares traded hands, or about 33 times the issue's 30-day average daily volume. Apple said it plans to integrate Spatializer's audio software into its PowerBook, iMac and Power Macintosh See Power Mac. (computer) Power Macintosh - Apple Computer's personal computer based on the PowerPC, introduced on 1994-03-14. Existing 680x0 code (both applications and device drivers) run on Power Macintosh systems without modification via a Motorola 68LC040 emulator. product lines later this year. Among the technologies it will have rights to are a system that lets two speakers produce the effect of surround sound An audio recording and playback system that uses five or more channels plus a subwoofer channel. See 5.1 channel and 3D audio. . The deal also makes Apple the first computer maker to license Spatializer's new bass enhancement technology, which the company demonstrated at the Consumer Electronics Show in Las Vegas Las Vegas (läs vā`gəs), city (1990 pop. 258,295), seat of Clark co., S Nev.; inc. 1911. It is the largest city in Nevada and the center of one of the fastest-growing urban areas in the United States. earlier this month. Spatializer previously has licensed various audio technologies to computer makers including Compaq, Dell and Gateway, but fell on hard times in 1998, laying off half its work force after the resignation of Chief Executive Steven Gershick. In 1997, the company lost $47 million, or 23 cents per diluted di·lute tr.v. di·lut·ed, di·lut·ing, di·lutes 1. To make thinner or less concentrated by adding a liquid such as water. 2. To lessen the force, strength, purity, or brilliance of, especially by admixture. share, on sales of $2.8 million. It did not disclose terms of the Apple licensing deal Tuesday. |
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