Corel readies to take over Ulead's parent InterVideo

[Bob Crabtree]

Following on from its acquisition of JASC and its popular PaintShop Pro program last year and the ubiquitous WinZip this spring, Corel is getting set to buy InterVideo - which itself took over Ulead only in 2005.

The deal, an all-cash transaction said to be worth around US196 million, delivers into Corel's hands a route into the Asian market and a bunch of ready-made solutions for the playback and authoring of Blu-ray Disc and HD DVD next-generation high-def DVDs - just at a time when things are warming up.

More in this HEXUS.lifestyle.news headline.

[Gunbuster]

Its all fine and dandy Corel buying Intervideo, but they have to actually, you know, do something with the software. Maybe some marketing, maybe make a suite?