DirectX Media Objects - or DMOs - are multimedia and stata streaming components, part of the DirectX package of application programming interface (API) software.
Other DirectX related glossary:
DirectDraw
Direct2D
Direct3D
DXGI
DirectInput
DirectPlay
DirectPlay Voice
DirectSound
DirectSound3D
DirectMusic
DirectX Audio
DirectX Media
DxDiag
DirectX Media Objects
DirectSetup
XAudio2