InterVideo explained

InterVideo
Type:former: subsidiary, Corel Corporation
Fate:Acquired by Corel
Founded:1998[1]
Defunct:2006
Location:Fremont, California
Key People:Chinn Chin, Founder
Honda Shing, Founder
Rosemary Leng, Founder
Joe Monastiero, Founder
Industry:Software publishing
Products:Video software, multimedia software
Num Employees:803
Homepage:www.intervideo.com

InterVideo was a software publisher specializing in multimedia-related programs. InterVideo's products include video capturing, video editing, DVD authoring, CD/DVD recording, film distribution, and video playback. Its best known product was WinDVD. InterVideo marketed its products to the retail market as well as to Original Equipment Manufacturers. The company was headquartered in Fremont, California.

InterVideo HandHeld Business Unit developed multimedia software solutions in the mobile and embedded multimedia market. Their unique iMobi technologies are embedded widely on Smartphones, GPS units, car entertainment solutions and portable entertainment devices.

History

On 13 August 2005, InterVideo acquired Ulead Systems for approximately $68 million and announced its merger with Ulead on July 9, 2006.

On 28 August 2006, Corel Corporation announced that it would acquire InterVideo for about $196 million.[2]

Closure

On December 12, 2006, Corel announced the acquisition of InterVideo and Ulead had been completed.[3] The InterVideo brand name has been retired, with all former InterVideo products now marketed as Corel or Ulead.

References

  1. Web site: Profile for InterVideo Inc. Yahoo Finance. Yahoo. 2006-09-10.
  2. Web site: Financial Times. 2006-08-28. 2006-09-10. Corel buys InterVideo for $196m. Chris. Nuttall.
  3. http://www.corel.com/servlet/Satellite?c=Content_C1&cid=1165614963089&lc=en&pagename=CorelCom%2FLayout Corel's letter to customers on the InterVideo Ulead acquisition

See also