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Macrovision Buys DRM Rival Trymedia For $34 Million

By Rafat Ali - Tue 26 Jul 2005 09:09 AM PST

Macrovision, the Santa Clara, CA-based copyright-protection and DRM giant, has bought out its much smaller rival Trymedia, for $34 million in cash.  SF-based Trymedia has been focused on the video gaming DRM industry, and will now become part of Macrovision’s newly created games business unit. According to the companies, in 2004, Trymedia handled over 100 million game downloads and powered over 300 digital distribution networks including AOL, EBGames, Gamespot, and Yahoo.

Trymedia was funded by Intel Capital, through its 1.5-old “Intel Digital Home Fund”, and is its first portfolio exit.

The transaction is expected to close July 29. Full details of the acquisition are in the FAQs here

Related:

-- DRM Company Trymedia Receives Second Round Funding

The VC/M&A channel is sponsored by DeSilva & Phillips.

Posted in: Legal, DRM, Money, VC+M&A



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