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InterVideo

From Wikipedia, the free encyclopedia
InterVideo
TypeSubsidiary
Nasdaq: IVII
IndustrySoftware publishing
Founded1998; 28 years ago (1998)[1]
Founder
  • Chinn Chin
  • Honda Shing
  • Rosemary Leng
  • Joe Monastiero
Defunct2006 (2006)
FateAcquired by Corel
HeadquartersFremont, California
ProductsVideo software, multimedia software
Number of employees
803[1]
ParentCorel Corporation
Websitewww.intervideo.com

InterVideo was a software publisher specialising in multimedia-related programs, headquartered in Fremont, California. The company's products covered video capturing, video editing, DVD authoring, CD/DVD recording and video playback. Its best-known product was WinDVD, a widely-used DVD player application sold both at retail and bundled with OEM hardware.

InterVideo also operated a HandHeld Business Unit focused on multimedia software for mobile and embedded devices, including smartphones, GPS units and portable entertainment players. This unit's technology was embedded in devices by a range of hardware partners before the broader company was absorbed into Corel.

History

[edit]

InterVideo was founded in 1998 in Fremont, California. The company went public on the Nasdaq under the ticker IVII.

On 13 August 2005, InterVideo acquired Ulead Systems for approximately $68 million, and announced a formal merger with Ulead on 9 July 2006.

On 28 August 2006, Corel Corporation announced that it would acquire InterVideo for approximately $196 million.[2]

Closure

[edit]

On 12 December 2006, Corel announced the acquisition of InterVideo and Ulead had been completed.[3] The InterVideo brand name was retired, with all former InterVideo products subsequently marketed under the Corel or Ulead names.

References

[edit]
  1. 1 2 "Profile for InterVideo Inc". Yahoo Finance. Yahoo. Retrieved 2006-09-10.
  2. Nuttall, Chris (2006-08-28). "Corel buys InterVideo for $196m". Financial Times. Retrieved 2006-09-10.
  3. Corel's letter to customers on the InterVideo Ulead acquisition Archived 2008-10-09 at the Wayback Machine

See also

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