Macrovision Solutions (MVSN) Acquires Certain Website and Technology Assets from ThoughtWorthy Media

June 13, 2008 8:08 AM EDT

Macrovision Solutions (NASDAQ: MVSN) announced the acquisition of certain website and technology assets from ThoughtWorthy Media, a transaction that was previously entered into and executed by Gemstar-TV Guide International (Nasdaq: GMST) in January 2008. ThoughtWorthy's technology platform allows TV viewers to identify, research, and purchase online the music, products and advertising they view on television. Macrovision plans to make use of the data across its platforms including online and mobile.

The financial terms of the transaction were not disclosed, but were not material to the financial operations of Gemstar prior to its acquisition by Macrovision.

Macrovision Solutions Corporation, formerly, Macrovision Corporation provides a set of solutions that enable businesses to protect, enhance and distribute their digital goods to consumers across multiple channels. [SM]


Related Categories

Mergers and Acquisitions

Stocks Mentioned

GMST 4.41

+0.00 +0.00%
Volume: 0
Track GMST

MVSN 23.68

+0.00 +0.00%
Volume: 2,379,878
Track MVSN


Add Your Comment