44% rise in DTS profits to €12.2m

PRE-TAX profits at the European HQ of entertainment technology firm, DTS increased by 44% to €12.2m in 2009.

The US-owned DTS Inc established its European headquarters at the National Technology Park, Limerick, with the creation of 50 jobs in 2008.

Accounts recently filed by DTS Licensing Ltd to the Companies Office show that it increased its revenues by 14% from €34.3m to €39.1m in the 12 months to the end of December 2009.