InterVideo
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.
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Type | former: subsidiary, Corel Corporation |
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Industry | Software publishing |
Fate | Acquired by Corel |
Founded | 1998[1] |
Defunct | 2006 |
Headquarters | Fremont, California |
Key people | Chinn Chin, Founder Honda Shing, Founder Rosemary Leng, Founder Joe Monastiero, Founder |
Products | Video software, multimedia software |
Number of employees | 803[1] |
Website | www.intervideo.com |
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
- "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