<?xml version="1.0" encoding="UTF-8"?>
<rss version="2.0"
	xmlns:content="http://purl.org/rss/1.0/modules/content/"
	xmlns:wfw="http://wellformedweb.org/CommentAPI/"
	xmlns:dc="http://purl.org/dc/elements/1.1/"
	xmlns:atom="http://www.w3.org/2005/Atom"
	xmlns:sy="http://purl.org/rss/1.0/modules/syndication/"
	xmlns:slash="http://purl.org/rss/1.0/modules/slash/"
	>

<channel>
	<title>Covert &#38; Co</title>
	<atom:link href="http://www.covertandco.com/feed/" rel="self" type="application/rss+xml" />
	<link>http://www.covertandco.com</link>
	<description>Investment Banking</description>
	<lastBuildDate>Mon, 15 Apr 2013 03:39:44 +0000</lastBuildDate>
	<language>en</language>
	<sy:updatePeriod>hourly</sy:updatePeriod>
	<sy:updateFrequency>1</sy:updateFrequency>
	<generator>http://wordpress.org/?v=3.0.4</generator>
		<item>
		<title>Covert &amp; Co. Private VIP Dinner at Ad:tech SF 2013</title>
		<link>http://www.covertandco.com/news/covert-co-private-vip-dinner-at-adtech-sf-2013/</link>
		<comments>http://www.covertandco.com/news/covert-co-private-vip-dinner-at-adtech-sf-2013/#comments</comments>
		<pubDate>Fri, 12 Apr 2013 18:55:16 +0000</pubDate>
		<dc:creator>covert</dc:creator>
				<category><![CDATA[News]]></category>

		<guid isPermaLink="false">http://www.covertandco.com/?p=3332</guid>
		<description><![CDATA[Covert &#038; Co. hosted an exclusive VIP dinner at Michelin Star Ame Restaurant during the Ad:tech Conference, along with co-host Manatt, Phelps &#038; Phillips. This dinner was invite-only and strictly limited to CEOs of top ad tech companies, partners at VC firms, and senior executives of&#8230;]]></description>
			<content:encoded><![CDATA[<p>Covert &#038; Co. hosted an exclusive VIP dinner at Michelin Star Ame Restaurant during the <a href="http://www.ad-tech.com/">Ad:tech Conference</a>, along with co-host <a href="http://www.manatt.com/home.aspx">Manatt, Phelps &#038; Phillips</a>. This dinner was invite-only and strictly limited to CEOs of top ad tech companies, partners at VC firms, and senior executives of large advertising/media companies.</p>
<p>See below for a select list of attendees:</p>
<p><img src="http://www.covertandco.com/wp-content/uploads/2013/04/Adtech2013-e1365792805938.png" alt="Adtech 2013" /></p>
]]></content:encoded>
			<wfw:commentRss>http://www.covertandco.com/news/covert-co-private-vip-dinner-at-adtech-sf-2013/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>PHOTOS: Covert 2013 GDC Private Reception Highlights</title>
		<link>http://www.covertandco.com/news/photos-covert-2013-gdc-private-reception-highlights/</link>
		<comments>http://www.covertandco.com/news/photos-covert-2013-gdc-private-reception-highlights/#comments</comments>
		<pubDate>Thu, 04 Apr 2013 19:23:25 +0000</pubDate>
		<dc:creator>covert</dc:creator>
				<category><![CDATA[News]]></category>

		<guid isPermaLink="false">http://www.covertandco.com/?p=3312</guid>
		<description><![CDATA[]]></description>
			<content:encoded><![CDATA[<p><object width="600" height="450"><param name="flashvars" value="offsite=true&#038;lang=en-us&#038;page_show_url=%2Fphotos%2F94655911%40N02%2Fsets%2F72157633162645433%2Fshow%2F&#038;page_show_back_url=%2Fphotos%2F94655911%40N02%2Fsets%2F72157633162645433%2F&#038;set_id=72157633162645433&#038;jump_to="></param><param name="movie" value="http://www.flickr.com/apps/slideshow/show.swf?v=124984"></param><param name="allowFullScreen" value="true"></param><embed type="application/x-shockwave-flash" src="http://www.flickr.com/apps/slideshow/show.swf?v=124984" allowFullScreen="true" flashvars="offsite=true&#038;lang=en-us&#038;page_show_url=%2Fphotos%2F94655911%40N02%2Fsets%2F72157633162645433%2Fshow%2F&#038;page_show_back_url=%2Fphotos%2F94655911%40N02%2Fsets%2F72157633162645433%2F&#038;set_id=72157633162645433&#038;jump_to=" width="600" height="450"></embed></object></p>
]]></content:encoded>
			<wfw:commentRss>http://www.covertandco.com/news/photos-covert-2013-gdc-private-reception-highlights/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Covert &amp; Co. Hosts Private GDC Reception featuring: CEOs Naoki Aoyagi (GREE), Riccardo Zacconi (King), and Torsten Reil (NaturalMotion)</title>
		<link>http://www.covertandco.com/news/covert-co-hosting-private-gdc-reception-featuring-ceos-naoki-aoyagi-gree-riccardo-zacconi-king-and-torsten-reil-naturalmotion/</link>
		<comments>http://www.covertandco.com/news/covert-co-hosting-private-gdc-reception-featuring-ceos-naoki-aoyagi-gree-riccardo-zacconi-king-and-torsten-reil-naturalmotion/#comments</comments>
		<pubDate>Thu, 04 Apr 2013 15:44:19 +0000</pubDate>
		<dc:creator>covert</dc:creator>
				<category><![CDATA[News]]></category>

		<guid isPermaLink="false">http://www.covertandco.com/?p=3306</guid>
		<description><![CDATA[Covert &#038; Co. hosted an exclusive VIP reception at the 2013 Game Developers Conference, along with co-hosts Google Ventures and Pillsbury Winthrop Shaw Pittman. This was the highest quality private event at GDC, attended by 200 leaders in the game/media sector. Attendees were invite-only and&#8230;]]></description>
			<content:encoded><![CDATA[<p>Covert &#038; Co. hosted an exclusive VIP reception at the <a href="http://www.gdconf.com/">2013 Game Developers Conference</a>, along with co-hosts <a href="http://www.googleventures.com/">Google Ventures</a> and <a href="http://www.pillsburylaw.com/">Pillsbury Winthrop Shaw Pittman</a>.  This was the highest quality private event at GDC, attended by 200 leaders in the game/media sector.  Attendees were invite-only and strictly limited to CEOs of top game/media companies, partners at VC firms, and senior executives of large game/media companies.  </p>
<p>The event included an exciting “Fireside Chat” with <strong>Naoki Aoyagi</strong> (CEO of GREE), <strong>Riccardo Zacconi</strong> (CEO of King) and <strong>Torsten Reil</strong> (CEO of Natural Motion), moderated by <strong>Kim-Mai Cutler</strong> (TechCrunch).</p>
<p>See below for a select list of attendees:</p>
<p><img src="http://www.covertandco.com/wp-content/uploads/2013/03/GDC20131.png" alt="Covert GDC Attendees" /></p>
]]></content:encoded>
			<wfw:commentRss>http://www.covertandco.com/news/covert-co-hosting-private-gdc-reception-featuring-ceos-naoki-aoyagi-gree-riccardo-zacconi-king-and-torsten-reil-naturalmotion/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>DMW Games: Michael Metzger to Host Fireside Chat with Zynga’s Barry Cottle</title>
		<link>http://www.covertandco.com/news/dmw-games-michael-metzger-to-host-fireside-chat-with-zynga%e2%80%99s-barry-cottle/</link>
		<comments>http://www.covertandco.com/news/dmw-games-michael-metzger-to-host-fireside-chat-with-zynga%e2%80%99s-barry-cottle/#comments</comments>
		<pubDate>Thu, 04 Apr 2013 01:13:13 +0000</pubDate>
		<dc:creator>covert</dc:creator>
				<category><![CDATA[News]]></category>

		<guid isPermaLink="false">http://www.covertandco.com/?p=3295</guid>
		<description><![CDATA[Michael Metzger, Principal at Covert &#038; Co., will be hosting a fireside chat with Barry Cottle, Chief Revenue Officer at Zynga at the Digital Media Wire Los Angeles Games Conference on April 19, 2013. The discussion will cover the outlook for real money and mobile&#8230;]]></description>
			<content:encoded><![CDATA[<p><strong>Michael Metzger, Principal at Covert &#038; Co.</strong>, will be hosting a fireside chat with <strong>Barry Cottle, Chief Revenue Officer at Zynga</strong> at the Digital Media Wire Los Angeles Games Conference on April 19, 2013. The discussion will cover the outlook for real money and mobile gaming, Zynga’s growth strategies, as well as Zynga’s M&#038;A and financing interests.  </p>
<p>Zynga is the world&#8217;s leading provider of social game services with more than 295 million monthly active users playing its games, which include Zynga Poker, Words With Friends, Scramble With Friends, Gems With Friends, Draw Something, FarmVille 2, ChefVille, CityVille, Bubble Safari and Ruby Blast. </p>
<p>As the Chief Revenue Officer of Zynga, Barry Cottle is responsible for corporate and business development, strategic partnerships, distribution, advertising sales and operations, publishing and real money gaming. Prior to joining Zynga, Barry was executive vice president of EA Interactive, where he oversaw EA’s worldwide digital gaming group including mobile, social and casual online games.</p>
<p><em>About Digital Media Wire Games Conference</em></p>
<p>DMW Games Conference is an expanded two-day DMW Conference featuring fireside chats, panels, demos and presentations on digital game creation, distribution, monetization and marketing. Over a hundred leaders in the industry will gather at the DMW&#8217;S Annual Games Conference to network, discuss deals, and share ideas about the future of games and connected entertainment.</p>
<p><a href="http://dmwgames.com/">http://dmwgames.com/</a></p>
]]></content:encoded>
			<wfw:commentRss>http://www.covertandco.com/news/dmw-games-michael-metzger-to-host-fireside-chat-with-zynga%e2%80%99s-barry-cottle/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Financial Outlook 2013 event: Michael Metzger to moderate expert panel</title>
		<link>http://www.covertandco.com/news/financial-outlook-2013-event-michael-metzger-to-moderate-expert-panel/</link>
		<comments>http://www.covertandco.com/news/financial-outlook-2013-event-michael-metzger-to-moderate-expert-panel/#comments</comments>
		<pubDate>Mon, 28 Jan 2013 19:24:20 +0000</pubDate>
		<dc:creator>covert</dc:creator>
				<category><![CDATA[News]]></category>

		<guid isPermaLink="false">http://www.covertandco.com/?p=3248</guid>
		<description><![CDATA[The German American Business Association (GABA) is hosting its Annual Business and Financial Outlook Event to discuss the current state and the 2012 outlook of the economy, financial markets, trade, funding climate and real estate market both in the US and Europe.  The event will&#8230;]]></description>
			<content:encoded><![CDATA[<p>The German American Business Association (GABA) is hosting its <a href="https://s01.123signup.com/servlet/SignUp?P=15322651911425656400&#038;PG=1532265182300&#038;Info=" target="_blank">Annual Business and Financial Outlook Event</a> to discuss the current state and the 2012 outlook of the economy, financial markets, trade, funding climate and real estate market both in the US and Europe.  The event will be held at Deutsche Bank&#8217;s West Coast Headquarters at 2029 Century Park East in Los Angeles, CA on Thursday, February 2 2012, from 6:15 PM to 10:00 PM.</p>
<p>The event includes a high-ranking panel to be moderated by <strong>Michael Metzger, Vice-Chair and Board Member of GABA.</strong></p>
<p>The expert panelists will provide their insight into what to expect for 2012 including:</p>
<ul>
<li>Economic outlook for Los Angeles, California, the US and Europe</li>
<li>Residential and commercial real estate outlook</li>
<li>Stock market investments</li>
<li>Start-up climate and access to capital for entrepreneurs</li>
<li>Trade and currency exchange
</ul>
<p>Introductions by:</p>
<p><a href="http://www.covertandco.com/wp-content/uploads/2013/01/fischer.jpg"><img class="alignleft size-full wp-image-3035" title="bernd_fischer" src="http://www.covertandco.com/wp-content/uploads/2013/01/fischer.jpg" alt="" width="84" height="108" /></a></p>
<p style="padding-left: 90px;"><strong>Dr. Bernd Fischer</strong>, Intro Speaker &#8211; Consul General of the Federal Republic of Germany, Los Angeles. As the new head of the German Consulate General in Los Angeles since July 2012 with responsibility for Southern California, Arizona, Nevada and Utah, he seeks to foster and deepen German-American relations.  He previously served as German Ambassador to the Republic of Croatia.</p>
<p style="padding-bottom: 1px;">
<p>Panelists include:</p>
<p><a href="http://www.covertandco.com/wp-content/uploads/2012/01/20100127_MichaelMetzger.jpg"><img class="alignleft size-full wp-image-3035" title="20100127_MichaelMetzger" src="http://www.covertandco.com/wp-content/uploads/2012/01/20100127_MichaelMetzger.jpg" alt="" width="84" height="108" /></a></p>
<p><strong>Michael Metzger</strong>, Moderator &#8211; Vice-Chair and Board Member of GABA in Southern California; Principal at Covert &amp; Co., an investment bank focused on digital media, Internet and technology. Previously, Michael advised Yahoo’s Mobile Marketing and Advertising group and held senior management and engineering positions at AT&amp;T, IBM and Mindspeed.</p>
<p><a href="http://www.covertandco.com/wp-content/uploads/2013/01/bricault.jpg"><img class="alignleft size-full wp-image-3024" title="bricault" src="http://www.covertandco.com/wp-content/uploads/2013/01/bricault.jpg" alt="" width="84" height="108" /></a> <strong>Paul Bricault</strong> &#8211; Venture Partner at Greycroft Partners and Founder of Amplify.LA, the leading digital media accelerator in Los Angeles.  Previously, Paul was the founder of The Mailroom Fund (MRF) – a venture fund in partnership with Accel Partners, Venrock and AT&#038;T that focused on early stage investments in Southern California.</p>
<p><a href="http://www.covertandco.com/wp-content/uploads/2012/01/20100127_LarryAdam.jpg"><img class="alignleft size-full wp-image-3024" title="larry_adam" src="http://www.covertandco.com/wp-content/uploads/2012/01/20100127_LarryAdam.jpg" alt="" width="84" height="108" /></a> <strong>Larry Adam</strong> &#8211; Managing Director and Chief Investment Strategist for Deutsche Bank Private Wealth Management in the U.S. He is also a member of Deutsche Bank’s Global Investment Committee and frequently appears on television shows such as CNBC and Bloomberg TV.</p>
<p style="padding-bottom: 2px;">
<p><a href="http://www.covertandco.com/wp-content/uploads/2013/01/green.jpg"><img class="alignleft size-full wp-image-3024" title="richard_green" src="http://www.covertandco.com/wp-content/uploads/2013/01/green.jpg" alt="" width="84" height="108" /></a> <strong>Richard Green</strong> &#8211; Director of the USC Lusk Center for Real Estate.  He holds the Lusk Chair in Real Estate and is a Professor at the USC Sol Price School of Public Policy and the Marshall School of Business. He is the author of “A Primer on U.S. Housing Markets and Housing Policy.</p>
<p style="padding-bottom: 2px;">
<p><a href="http://www.covertandco.com/wp-content/uploads/2013/01/rieg.jpg"><img class="alignleft size-full wp-image-3024" title="deitmar_reig" src="http://www.covertandco.com/wp-content/uploads/2013/01/rieg.jpg" alt="" width="84" height="108" /></a> <strong>Dietmar Rieg</strong> &#8211; Sr. Executive Vice President and General Manager of BayernLB.  He has been appointed General Manager of BayernLB’s Branch in New York in July 2008. He was previously the Global Head of BayernLB’s non-euro area Corporate Banking.</p>
]]></content:encoded>
			<wfw:commentRss>http://www.covertandco.com/news/financial-outlook-2013-event-michael-metzger-to-moderate-expert-panel/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Aeria Games Merges with Gamepot to Create a Global Force in Multi-Platform, Free-to-Play Gaming</title>
		<link>http://www.covertandco.com/news/covert-co-advises-aeria-games-on-merger-with-gamepot-to-create-a-global-force-in-multi-platform-free-to-play-gaming/</link>
		<comments>http://www.covertandco.com/news/covert-co-advises-aeria-games-on-merger-with-gamepot-to-create-a-global-force-in-multi-platform-free-to-play-gaming/#comments</comments>
		<pubDate>Tue, 18 Dec 2012 21:48:00 +0000</pubDate>
		<dc:creator>covert</dc:creator>
				<category><![CDATA[All Transactions]]></category>
		<category><![CDATA[Internet Media Transactions]]></category>
		<category><![CDATA[News]]></category>

		<guid isPermaLink="false">http://www.covertandco.com/?p=3233</guid>
		<description><![CDATA[Leading Companies Combine to Establish Worldwide Platform for Publishing and Development of PC and Mobile Games, Supporting over 50 Million Users and Dedicated Teams in Five Major Countries SANTA CLARA, Calif.&#8211;(BUSINESS WIRE)&#8211;Aeria Games &#038; Entertainment, Inc., a leading global publisher of free-to-play online games, announced&#8230;]]></description>
			<content:encoded><![CDATA[<p><strong>Leading Companies Combine to Establish Worldwide Platform for Publishing and Development of PC and Mobile Games, Supporting over 50 Million Users and Dedicated Teams in Five Major Countries</strong></p>
<p>SANTA CLARA, Calif.&#8211;(BUSINESS WIRE)&#8211;Aeria Games &#038; Entertainment, Inc., a leading global publisher of free-to-play online games, announced today it is joining forces with Gamepot, Inc., a leading Japanese publisher and developer of PC and mobile games, to create a global operation. The combined entity will have a worldwide gaming reach with a portfolio of over 50 PC and mobile games, full operations in five countries supporting 11 languages, and over 50 million registered users. The transaction will accelerate the scaling of Aeria Games’ technology and Ignite distribution platform in four major continents, adds substantial mobile development capabilities in Japan and Korea, and provides a one-stop shop for developers looking to publish games in major international gaming markets. Each company will continue their respective operations and brand identities, with a joint focus on shared technology and know-how, cooperation on mobile game development, and close coordination for licensing and publishing global game IPs.</p>
<p>Both companies will function under a new, US-based holding company headed by Hiroki Totoki and Lan Hoang as co-CEOs. Lan Hoang is the CEO of Aeria Games and Hiroki Totoki is the Chairman of Gamepot and also CFO of So-net Entertainment Corporation, a subsidiary of Sony Corporation and Gamepot’s parent company prior to its combination with Aeria Games. The shareholders of Aeria Games will own a majority stake in the holding company.</p>
<p>“This strategic partnership further helps to cement our position as a truly global multi-platform publisher and developer,” said Lan Hoang, co-CEO of the new holding company. “We are adding significant mobile games and development resources while expanding our core PC publishing business and increasing international reach and resources to acquire and publish Triple-A titles. The combination strengthens every facet of our business – strong financials, global reach, a large and dedicated community of mid- to hard-core players, and a shared technology and distribution platform.”</p>
<p>“Gamepot will add development expertise for client-based games, such as the successful Wizardry and Paperman franchises, and its large mobile development teams in Japan and Korea to Aeria Games’ global platform,” said Hiroki Totoki, co-CEO of the holding company. “We have already started collaborating on co-development projects, leveraging our mobile resources, to bring high-quality games to the international markets.”</p>
<p>The combined entity will have almost 600 employees with offices in the US, Japan, Germany, Brazil, and Korea.</p>
<p>For more information on Aeria Games, visit <a href="http://www.aeriagames.com">http://www.aeriagames.com</a>. For more information on Gamepot, visit <a href="http://company.gamepot.co.jp/english/">http://company.gamepot.co.jp/english/</a>.</p>
<p><strong>About Aeria Games</strong></p>
<p>Aeria Games is a leading destination for free-to-play online multiplayer games. Founded in 2006 and with offices in the US, Germany, and Brazil, Aeria Games publishes and develops high quality online games in nine languages—English, German, French, Spanish, Portuguese, Polish, Italian, Turkish, and Russian—covering more than 30 countries. The company’s proprietary technology offers strong benefits to both players and developers. Aeria’s convenient Ignite platform gives players easy access to a universal gaming destination on their PCs. The company provides deep, immersive online games accessible from browsers, tablets, and smart phones. Developers get a blazingly fast point of entry to the global gaming market via Aeria Games’ specialized platform that enables quick and easy game integration. The company’s diverse portfolio includes highly engaging fantasy MMORPGs, action shooters, anime-style social games, and multiplayer mobile game titles. For more information, visit <a href="http://www.aeriagames.com">www.aeriagames.com</a></p>
<p><strong>About Gamepot</strong></p>
<p>Gamepot is a top-4 Japanese publisher with PC, browser and mobile titles in its portfolio. Its Tokyo headquarters are home to both publishing and development staff, with additional mobile developers located in the Korean office. Gamepot has a portfolio of over 20 games and creates its own IP for mobile games with an in-house team of over 100 developers. It also owns the legendary Wizardry IP. Founded in 2001, the company went public in 2005, and became a wholly owned subsidiary of So-net Entertainment Corporation in 2008.</p>
]]></content:encoded>
			<wfw:commentRss>http://www.covertandco.com/news/covert-co-advises-aeria-games-on-merger-with-gamepot-to-create-a-global-force-in-multi-platform-free-to-play-gaming/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Startup Venture Summit: Michael Metzger to Speak on Startup Panel</title>
		<link>http://www.covertandco.com/news/startup-venture-summit-michael-metzger-to-speak-on-startup-panel/</link>
		<comments>http://www.covertandco.com/news/startup-venture-summit-michael-metzger-to-speak-on-startup-panel/#comments</comments>
		<pubDate>Mon, 10 Dec 2012 16:29:06 +0000</pubDate>
		<dc:creator>covert</dc:creator>
				<category><![CDATA[News]]></category>

		<guid isPermaLink="false">http://www.covertandco.com/?p=3227</guid>
		<description><![CDATA[Startup Venture Summit: The Brass Ring–Investor and Entrepreneur with Successful Exits that Sold Their Ventures Hear firsthand experiences of successful entrepreneurs and investors that sold their companies. Learn about how they developed a revenue strategy, worked with a management team, attracted a purchaser, negotiated deal&#8230;]]></description>
			<content:encoded><![CDATA[<p><strong>Startup Venture Summit: The Brass Ring–Investor and Entrepreneur with Successful Exits that Sold Their Ventures<br />
</strong></p>
<p>Hear firsthand experiences of successful entrepreneurs and investors that sold their companies. Learn about how they developed a revenue strategy, worked with a management team, attracted a purchaser, negotiated deal terms, and valuation.   Entrepreneurs discuss how they raised capital, their challenges and opportunities, how they attracted customers, and sold their companies for millions of dollars.</p>
<ul>
<li>Gil Ebaz, Founder, <strong>Factual</strong>, Serial Entrepreneur</li>
<li>Michael Metzger, Principal, <strong>Covert &amp; Co.,</strong> Investment Banker</li>
<li>Jon Ferrera, Founder and CEO, <strong>Nimble</strong>, Serial Entrepreneur</li>
<li>Thomas McInerney, <strong>Angel Investor</strong>, TCM</li>
<li>Moderator: Mark Landay, Owner, <strong>Dynamic Synergy Executive Recruitment</strong> and Angel Investor</li>
</ul>
]]></content:encoded>
			<wfw:commentRss>http://www.covertandco.com/news/startup-venture-summit-michael-metzger-to-speak-on-startup-panel/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>DTS Completes Acquisition of SRS Labs</title>
		<link>http://www.covertandco.com/news/dts-completes-acquisition-of-srs-labs/</link>
		<comments>http://www.covertandco.com/news/dts-completes-acquisition-of-srs-labs/#comments</comments>
		<pubDate>Wed, 05 Dec 2012 16:53:33 +0000</pubDate>
		<dc:creator>covert</dc:creator>
				<category><![CDATA[All Transactions]]></category>
		<category><![CDATA[Internet Media Transactions]]></category>
		<category><![CDATA[News]]></category>

		<guid isPermaLink="false">http://www.covertandco.com/?p=3223</guid>
		<description><![CDATA[CALABASAS, Calif. (July 23, 2012) – DTS, Inc. (Nasdaq: DTSI), a leader in high-definition audio, today announced the closing of its previously announced acquisition of SRS Labs, Inc. (Nasdaq: SRSL), a leader in audio processing and enhancement technologies. The closing follows the satisfaction of all&#8230;]]></description>
			<content:encoded><![CDATA[<p>CALABASAS, Calif. (July 23, 2012) – DTS, Inc. (Nasdaq: DTSI), a leader in high-definition audio, today announced the closing of its previously announced acquisition of SRS Labs, Inc. (Nasdaq: SRSL), a leader in audio processing and enhancement technologies. The closing follows the satisfaction of all conditions to the closing of the transaction, including receipt of certain regulatory approvals and approval of the transaction by SRS Labs&#8217; stockholders on July 20, 2012. SRS Labs&#8217; common stock has ceased trading on the NASDAQ Global Market.</p>
<p>&#8220;We are excited to have completed this transaction within our expected timeline and are now focused on executing a seamless integration, ensuring that our customers receive unparalleled service,&#8221; said Jon Kirchner, DTS&#8217; chairman and CEO. &#8220;This transaction combines two highly complementary product and technology portfolios, bringing together DTS&#8217; high performance audio solutions and SRS Labs&#8217; suite of audio processing technologies. In addition, this transaction further expands DTS&#8217; already sizeable portfolio of audio-related intellectual property, creating one of the broadest in the industry. Ultimately, the addition of SRS to the DTS family will allow us to solve audio quality limitations caused by the trend toward thinner, smaller devices, which we believe will provide consumers with a high quality audio experience anytime, anyplace, and on any device.&#8221;</p>
<p>DTS management will provide more detailed information regarding the transaction during its next regularly scheduled earnings announcement in early August.</p>
<p>Centerview Partners LLC acted as financial advisor to DTS and DLA Piper LLP and Gibson, Dunn &#038; Crutcher LLP acted as legal advisors to DTS.  Covert &#038; Co., LLC acted as financial advisor to SRS Labs and Paul Hastings, LLP acted as legal advisors to SRS.</p>
<p>This document contains forward-looking statements within the meaning of Section 27A of the U. S. Securities Act of 1933, as amended, and Section 21E of the U. S. Securities Exchange Act of 1934, as amended. These forward-looking statements, which are based on current expectations, estimates and projections about the industry and markets in which DTS and SRS operate and beliefs of and assumptions made by DTS, SRS and their respective management teams, involve uncertainties that could significantly affect the financial results of DTS or SRS or the combined company. Words such as &#8220;expects,&#8221; &#8220;anticipates,&#8221; &#8220;intends,&#8221; &#8220;plans,&#8221; &#8220;believes,&#8221; &#8220;seeks,&#8221; &#8220;estimates,&#8221; variations of such words and similar expressions are intended to identify such forward-looking statements, which generally are not historical in nature. All statements that address events or developments that we expect or anticipate will occur in the future are forward-looking statements. These statements are not guarantees of future performance and involve certain risks, uncertainties and assumptions that are difficult to predict. Although we believe the expectations reflected in any forward-looking statements are based on reasonable assumptions, we can give no assurance that our expectations will be attained and therefore, actual outcomes and results may differ materially from what is expressed or forecasted in such forward- looking statements. For example, these forward-looking statements could be affected by factors including, without limitation, the ability to successfully complete the integration of the businesses being acquired from SRS by, among other things, realizing revenue, expense and other synergies, renewing contracts on competitive terms, successfully leveraging the information technology platform of the acquired business, and retaining key personnel and any adverse effect to DTS&#8217; business or the business being acquired from SRS due to uncertainty relating to the transaction.</p>
<p>These important factors are not intended to be exhaustive. Additional risks and factors are discussed in reports filed with the Securities and Exchange Commission (&#8220;SEC&#8221;) by DTS and SRS from time to time, including those discussed under the heading &#8220;Risk Factors&#8221; in their respective most recently filed reports on Form 10-K and 10-Q. Neither DTS nor SRS assume any obligation to update any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.</p>
<p><strong>About DTS, Inc.</strong><br />
DTS, Inc. (NASDAQ:DTSI) is dedicated to making digital entertainment exciting, engaging and effortless by providing state-of-the-art audio technology to over a billion consumer electronics products worldwide. From a renowned legacy as a pioneer in high definition multi-channel audio, DTS became a mandatory audio format in the Blu-ray Disc standard and is now increasingly deployed in enabling digital delivery of compelling movies, music, games and other forms of digital entertainment to a growing array of network-connected consumer devices. With the acquisition of SRS Labs, DTS strengthens its position as a leader in providing end-to-end audio solutions to the rapidly growing network entertainment sector. DTS technology is in car audio systems, digital media players, DVD players, game consoles, home theaters, PCs, set-top boxes, smart phones, surround music content and every device capable of playing Blu-ray discs. Founded in 1993, DTS&#8217; corporate headquarters are located in Calabasas, California with its licensing operations headquartered in Limerick, Ireland. DTS also has offices in Los Gatos and Santa Ana, California, Washington, China, France, Hong Kong, Japan, Singapore, South Korea, Taiwan and the United Kingdom.</p>
]]></content:encoded>
			<wfw:commentRss>http://www.covertandco.com/news/dts-completes-acquisition-of-srs-labs/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>VIDEO: Covert &amp; Co. Gaming VIP Reception &#8211; Casual Connect, Seattle 2012</title>
		<link>http://www.covertandco.com/misc/video-covert-co-gaming-vip-reception-casual-connect-seattle-2012/</link>
		<comments>http://www.covertandco.com/misc/video-covert-co-gaming-vip-reception-casual-connect-seattle-2012/#comments</comments>
		<pubDate>Tue, 04 Dec 2012 00:09:21 +0000</pubDate>
		<dc:creator>covert</dc:creator>
				<category><![CDATA[misc]]></category>

		<guid isPermaLink="false">http://www.covertandco.com/?p=3219</guid>
		<description><![CDATA[]]></description>
			<content:encoded><![CDATA[<p><iframe width="560" height="315" src="http://www.youtube.com/embed/RdJkeRI1OgM" frameborder="0" allowfullscreen></iframe></p>
]]></content:encoded>
			<wfw:commentRss>http://www.covertandco.com/misc/video-covert-co-gaming-vip-reception-casual-connect-seattle-2012/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>VIDEO: Bloomberg TV Hosts M&amp;A Panel at Covert &amp; Co. Bay Area Private Reception</title>
		<link>http://www.covertandco.com/news/video-menloparkreception/</link>
		<comments>http://www.covertandco.com/news/video-menloparkreception/#comments</comments>
		<pubDate>Mon, 03 Dec 2012 16:17:03 +0000</pubDate>
		<dc:creator>covert</dc:creator>
				<category><![CDATA[News]]></category>

		<guid isPermaLink="false">http://www.covertandco.com/?p=3212</guid>
		<description><![CDATA[Full video of Bloomberg TV&#8217;s Emily Chang hosting Covert &#038; Co&#8217;s M&#038;A Panel in Menlo Park.]]></description>
			<content:encoded><![CDATA[<p><iframe width="560" height="315" src="http://www.youtube.com/embed/GJxdE2jJizA" frameborder="0" allowfullscreen></iframe></p>
<p>Full video of Bloomberg TV&#8217;s Emily Chang hosting Covert &#038; Co&#8217;s M&#038;A Panel in Menlo Park.</p>
]]></content:encoded>
			<wfw:commentRss>http://www.covertandco.com/news/video-menloparkreception/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
	</channel>
</rss>
