Tel-Aviv, Israel - Mar 12, 2007 - Etherwaves has completed the acquisition of all the assets of Sonarics Labs, a company specializing in digital audio broadcasting (DAB) and digital multimedia broadcasting (DMB) technology. Sonarics Labs technology is already in use in digital radio receivers around the world, in the consumer electronics market and in German luxury in-car systems.

Etherwaves develops and licenses digital radio and mobile TV intellectual property, targeting the automotive and the system-on-chip (SOC) markets. The Etherwaves' core agnostic software can operate on a standard core processor. The company's products support DAB, DAB+, T-DMB, DRM and FM and will also comply with HD Radio, DMB-T (China), ISDB-T and DVB-H.