Dolby Laboratories

Dolby Laboratories, Inc., or simply Dolby Labs or Dolby, is a San Francisco-based company that specializes in audio encoding and noise reduction. Its technology is licensed to consumer electronics and software companies.

History
Dolby Laboratories was founded by in 1964.

End of support by Adobe
On September 15, 2017, Adobe Systems ended their licensing for software libraries from Dolby Labs. Starting in October 2017, applications from Adobe Creative Cloud no longer provided support for encoding and  sound formats, relying on the Windows or macOS operating systems for the decoding of Dolby audio. In May 2019, Adobe notified its users that they were no longer authorized to use its older software containing Dolby codecs.

Support by Apple products
In 2021, Apple introduced spatial audio, which is encoded in for supported headphones and playback devices.