 A Swedish company Coding Technologies (acquired by Dolby in 2007) developed and pioneered the use of SBR in its MPEG-2 AAC-derived codec called aacPlus, which first appeared in 2001.This codec was submitted to MPEG and formed the basis of MPEG-4 High-Efficiency AAC (HE-AAC), standardized in 2003.Lars Liljeryd, Kristofer Kjörling, and Martin Dietz received the IEEE Masaru Ibuka Consumer Electronics Award in 2013 for their work developing and marketing HE-AAC.