Blindsided by Dolby’s announcement last week that it is acquiring Theo Technologies, Faultline completely missed the litigious notions on the back pages of results season, revealing yet another patent suit filed by Dolby against Roku – two bitter long-term adversaries. With the benefit of hindsight, a full week later, additional details have emerged, but the dust has most definitely not settled. Before we describe the case details, the bottom line is that Dolby believes its proprietary technologies have been instrumental in Roku’s rise in recent years, with the business shifting focus to Roku OS. The bad news for Dolby is that while the Roku OS is now massively scaled, reaching 83.6 million streaming households as of Q2 2024, Roku is…