Roxio now officially part of Sonic Solutions

Sonic
Solutions has send us an email that they have completed the purchase of Roxio's
consumer software division. Sonic is now also owner of popular products such as
Easy CD/DVD
creator, Popcorn, Easy DVD Copy and Toast . With the purchase Sonic has aquired substantially all the business and assets of Roxio, including all products, intellectual property, and trademarks, including the right to use the Roxio name. More than 200 Roxio employees, based at several U.S. and international locations, will join Sonic.

Since we first announced this transaction last August, members of both Sonic and the Roxio software division have been hard at work to complete the details of the deal and to join our operations," said Bob Doris, president and chief executive officer of Sonic. "The new Sonic Solutions will be one of the largest digital media software companies in the world, and the clear leader in CD and DVD creation tools and applications. We're looking forward with great enthusiasm to 2005 as we continue to provide great technology and tools to our many partners, and outstanding digital media experiences to our hundreds of millions of consumer customers."

Roxio Inc
has been renamed to Napster Inc. and this company will be mainly focussing
on the revamped download service that is now offering legal music
downloads. Sonic is becoming certainly a large competitor to market leader Nero . Besides Roxio and it's retail channels it also has OEM deals with worlds largest PC manufacturer Dell.

Source: CDFreaks