ROVI Corp. goes for $ 720 million to acquire Sonic Solutions

December 22, 2010 announced Rovi Corp., provides content protection technology and other high-tech services the signing of agreements with Sonic Solutions, Roxio DVD burner and DivX owner. Under the deal, Rovi would take $ 720 million for the numbers. With this acquisition, Rovi Corp. would further strengthen its digital entertainment collection. Fred Amorso, President, Rovi Corp., said in a statement, we believe, the two companies will be able to the expanding market of digital entertainment with unique abilities to address increased value for consumers, will bring Forbes reports:

Rovi providing content protection on DVDs, TV listings and other high-tech - services, said late Wednesday that Sonic Solutions (SNIC - news - people)-Aktionäre receive either $14.00 or 0.2489 Rovi shares for each share held and accepted in the exchange offer.

Sonic Solutions produced DVD buried software, video and music capture and multimedia streaming software under the Roxio brand. Founded in 1986, the company acquired DivX / MainConcept in 2010, CinemaNow and simple star in 2008, Roxio software Division and InterActual in 2004. and VERITAS' desktop and mobile Division in 2003.After of this acquisition, Sonic Solutions is a wholly owned subsidiary of Rovi Corp.

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