Roxio

Last updated
Roxio
Company type Subsidiary
Industry Software
Founded2001;23 years ago (2001)
Headquarters,
United States
Key people
  • David Habiger (CEO)
  • Paul Norris (EVP & CFO
  • Clay Leighton (EVP & COO)
  • Mark Ely (EVP Strategy & GM)
  • Matt DiMaria, (EVP & GM)
Number of employees
500+
Parent Corel Corporation
Divisions Roxio Product Group
Premium Content Group
Website 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]

Contents

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]

Roxio's former headquarters in Santa Clara, California Roxio HQ 2.JPG
Roxio's former headquarters in Santa Clara, California

Products

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References

  1. "Roxio to Acquire MGI Software". Business Wire . Berkshire Hathaway. December 4, 2001. Archived from the original on January 24, 2002. Retrieved May 24, 2017.
  2. "CinemaNow Acquired By Sonic Solutions - socaltech.com". www.socaltech.com. Retrieved 2020-08-23.
  3. "Rovi to Buy Sonic Solutions for Cash, Stock". Wall Street Journal. Associated Press. 2010-12-24. ISSN   0099-9660 . Retrieved 2020-08-23.
  4. "CinemaNow Acquired By Sonic Solutions - socaltech.com". www.socaltech.com. Retrieved 2020-08-23.
  5. "Earnings roundup". Business Week. August 5, 2010. Archived from the original on October 25, 2012.
  6. "Corel(R) Signs Definitive Agreement to Acquire Roxio(R) Business from Rovi Corporation". MarketWatch. January 12, 2012.
  7. Muchmore, Michael (7 February 2012). "Corel Buys Roxio from Rovi, Releases First Product". PCMag.com. Retrieved 13 February 2012.
  8. 1 2 "Roxio Creator NXT 8: Powerful Disc Burning & Multimedia Suite". Yahoo Finance. 2020-10-20. Retrieved 2023-10-11.