InterVideo
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InterVideo was a software publisher specialising in multimedia-related programs, headquartered in Fremont, California. The company's products covered video capturing, video editing, DVD authoring, CD/DVD recording and video playback. Its best-known product was WinDVD, a widely-used DVD player application sold both at retail and bundled with OEM hardware.
Key Information
InterVideo also operated a HandHeld Business Unit focused on multimedia software for mobile and embedded devices, including smartphones, GPS units and portable entertainment players. This unit's technology was embedded in devices by a range of hardware partners before the broader company was absorbed into Corel.
History
[edit]InterVideo was founded in 1998 in Fremont, California. The company went public on the Nasdaq under the ticker IVII.
On 13 August 2005, InterVideo acquired Ulead Systems for approximately $68 million, and announced a formal merger with Ulead on 9 July 2006.
On 28 August 2006, Corel Corporation announced that it would acquire InterVideo for approximately $196 million.[2]
Closure
[edit]On 12 December 2006, Corel announced the acquisition of InterVideo and Ulead had been completed.[3] The InterVideo brand name was retired, with all former InterVideo products subsequently marketed under the Corel or Ulead names.
References
[edit]- ^ a b "Profile for InterVideo Inc". Yahoo Finance. Yahoo. Retrieved 2006-09-10.
- ^ Nuttall, Chris (2006-08-28). "Corel buys InterVideo for $196m". Financial Times. Retrieved 2006-09-10.
- ^ Corel's letter to customers on the InterVideo Ulead acquisition Archived 2008-10-09 at the Wayback Machine
See also
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