For the tidy sum of $196 Million, InterVideo will soon be acquired by Corel. Looking to greatly expand the sales market they have available to them, Corel will also end up getting a majority hold in Ulead by this, giving them a huge conglomerate of DVD and media software to play with. Odds are if you've bought a DVD player or burner, you've used or at least seen their software at one time or another. Corel, a company primarily based on home office and home media work, will be opening up a very broad range of new products with this acquisition. They are also known for many popular Windows utilities, such as WinZip, which they acquired last year.
Corel purchases InterVideo
By Justin Mann
Serving tech enthusiasts for over 25 years.
TechSpot means tech analysis and advice you can trust.
TechSpot means tech analysis and advice you can trust.
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