Roxio Explained

Roxio should not be confused with Rovio Entertainment.

Roxio
Type:Subsidiary
Location City:Santa Clara, California
Location Country:United States
Industry:Software
Num Employees:500+
Parent:Alludo
Divisions:Roxio Product Group
Premium Content Group
Homepage:http://www.roxio.com

Roxio is an American software company specializing in developing consumer digital media products. Its product line includes tools for setting up digital media projects, media conversion software and content distribution systems. The company formed as a spin-off of Adaptec's software division in 2001 and acquired MGI Software in 2002.[1]

Sonic Solutions acquired Roxio[2] in 2003, going on to acquire Simple Star[3] and CinemaNow[4] in 2008. Rovi Corporation acquired Sonic Solutions in 2010, but Rovi announced in January 2012 that it would sell Roxio to Canadian software company Corel.[5] [6] That acquisition closed on February 7, 2012.[7]

Products

Notes and References

  1. Web site: Roxio to Acquire MGI Software. Business Wire. Berkshire Hathaway. December 4, 2001. May 24, 2017. https://web.archive.org/web/20020124201803/http://biz.yahoo.com/prnews/011204/sftu080_1.html. January 24, 2002. dead.
  2. Web site: CinemaNow Acquired By Sonic Solutions - socaltech.com. 2020-08-23. www.socaltech.com.
  3. News: Associated Press. 2010-12-24. Rovi to Buy Sonic Solutions for Cash, Stock. en-US. Wall Street Journal. 2020-08-23. 0099-9660.
  4. Web site: CinemaNow Acquired By Sonic Solutions - socaltech.com. 2020-08-23. www.socaltech.com.
  5. Web site: Earnings roundup. https://web.archive.org/web/20121025080043/http://www.businessweek.com/ap/financialnews/D9HDJP380.htm. dead. October 25, 2012. Business Week. August 5, 2010.
  6. Web site: Corel(R) Signs Definitive Agreement to Acquire Roxio(R) Business from Rovi Corporation. MarketWatch. January 12, 2012.
  7. News: Corel Buys Roxio from Rovi, Releases First Product. PCMag.com. 13 February 2012. Michael. Muchmore. 7 February 2012.
  8. Web site: 2020-10-20 . Roxio Creator NXT 8: Powerful Disc Burning & Multimedia Suite . 2023-10-11 . Yahoo Finance . en-US.