Macrovision Closes Software and Games Business

New news and release discussion.
User avatar
Posts: 1524
Joined: Fri Aug 18, 2006 4:30 pm

Macrovision Closes Software and Games Business

Post by Bender »

From ... 4_8469.htm
Macrovision Closes Software and Games Business Transactions and Achieves Milestones Toward Gemstar-TV Guide Transaction

Santa Clara - 4/1/2008 - Macrovision® Corporation (NASDAQ: MVSN) today announced it has completed the divesture of its Software Business Unit to Thoma Bravo, LLC in a cash transaction valued at approximately $200 million. The divestiture results in the formation of a standalone company named Acresso Software. The transaction includes all products and associated support and services from within the Software Business Unit (notably the FLEXnet and InstallShield product lines). The divestiture of Macrovision's Games business has also been completed.
Additionally, Macrovision announced that the Macrovision Solutions Corporation S-4 registration statement was declared effective by the Securities and Exchange Commission and that proxies are being mailed to stockholders of Macrovision and Gemstar-TV Guide. Macrovision has scheduled its stockholder meeting for April 29, 2008 at 11:00 a.m. Pacific time at Macrovision's corporate headquarters office. The Board of Directors has fixed the close of business on March 14, 2008 as the record date for the determination of stockholders entitled to notice of, and to vote at, the special meeting. Macrovision expects that the proceeds of the software and games divestitures will enable Macrovision to reduce its debt requirements for the Gemstar-TV Guide transaction to $650 million.

Macrovision's Corporate ratings by Moody's and Standard and Poors are
Mozilla/5.0 (Macintosh; U; PPC; en-US; mimic; rv:9.3.2) Clecko/20120101 Classilla/CFM
"Stupid can opener! You killed my father, and now you've come back for me!"

FTP Access
Posts: 124
Joined: Tue Jun 19, 2007 11:04 pm
Location: In front of a Thinkpad

Post by ZSS9393 »

wow.. I remember installshield on all that old crap for Windows3.1/9x/NT classic.

^Ubuntu 8. New installer. Why the heck didn't they do this years ago?