Ray Dolby, pioneer in audio technology, founder of Dolby Laboratories, dies at 80

SAN FRANCISCO - Ray Dolby, audio pioneer, American inventor and founder of Dolby Laboratories, has died at the age of 80. 

The company said Thursday that Dolby died in his home at San Francisco. He had been living with Alzheimer's disease for several years and was diagnosed with acute leukemia this summer. 

Dolby founded his namesake company in 1965 and grew it into an industry leader of audio technology.  His work in noise reduction and surround sound led to the creation of a number of technologies that are still used in music, movies and entertainment today. He holds more than 50 U.S. patents. 

Dolby won a number of notable awards and honors for his life's work including several Emmys, a Grammy and the National Medal of Technology from President Clinton. 

The company released the following video in his honor (mobile users: http://bit.ly/14RrlEM):

Watch an interview Dolby gave about improving cinema soundtracks(mobile users: http://bit.ly/16pKYY6):