kalas and fullstah used our news submit to tell us
Macrovision has signed an agreement to
acquire the privately owned installShield
software. The Schaumburg, Illinois company sold the assets and operations to
Macrovision for 76 million dollars and additional 20 million may be due
depending on the performance of the company after the acquisition takes
place.
InstallShield is the leading provider of software installation tools, and has innovative solutions in deployment and update services. This acquisition enables Macrovision to expand its product portfolio in the Software Value Management category (see www.macrovision.com/theSVMcategory) and to reach InstallShield's large software developer customer base. Macrovision also expects to benefit from InstallShield's market leadership and strong brand equity. 'Our software developer customers have told us that they want seamless solutions that will allow them to price, package, protect, deliver, install and update their software, allowing them to focus on development and release of their products," stated Bill Krepick, president and CEO of Macrovision. 'The combined Macrovision and InstallShield offerings provide these Software Value Management solutions that allow software developers to optimize revenues and assist their customers with cost effective digital lifecycle management."
In
addition, Macrovision believes that the acquisition will:
'¢ Provide software developers
with market-leading solutions for all post-development revenue generation
activities, reducing time-to-market and implementation costs
'¢ Provide CIOs with one-stop
vendor for multi-platform solutions that manage enterprise software
deployment, compliance and license distribution
'¢ Expand both companies'
sales teams, distribution partners and development resources.
'¢ Increase mass and market
momentum for Macrovision to accelerate penetration of its FLEXnet platform
'¢ Establish Macrovision as
the leader in software value management tools.
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Maybe this is a bit paranoid, but we have to
wonder about what changes Macrovision has in store for us with this
InstallShield deal. You can find the entire press release here straight from the Macrovision site.
"Accelerate penetration of it's FLEXnet platform" -don't like the sound of that
at all.
Source: Macrovision