Reprinted from a Roxio press release:
MILPITAS, CA – February 01, 2002, Roxio, Inc., The Digital Media Company, today announced that it has completed the acquisition of MGI Software Corporation. The intent to acquire was originally announced on December 4, 2001.
By adding the best-selling photo and video editing software products, PhotoSuite and VideoWave, to Roxio’s best-selling CD burning, Easy CD Creator and Toast, and system recovery software, GoBack, the acquisition creates one of the world’s largest digital media software companies with a global installed base of more than 100 million consumers. Roxio’s products are sold by leading retailers worldwide including Best Buy, CompUSA, Circuit City and Staples, and are bundled with devices including PCs, PDAs, digital cameras, digital camcorders, scanners and printers by leading OEMs such as Dell, Toshiba, Sony, Palm, Olympus, Nikon and Lexmark.
Roxio’s product portfolio now includes the following top-selling brands:
Easy CD Creator (for Windows) – the #1 selling CD burning software product in the world that enables consumers to burn photo, music, video and data CDs.
Toast (for Macintosh) – the #1 selling CD burning software product in the world that enable consumers to burn photo, music, video and data CDs.
PhotoSuite – the #1 selling photo editing software that makes it easy to edit, organize and share your photos.
VideoWave – the #1 selling video editing software tool that allows business and home users to create videos for the Web, CD, DVD, VCD and VHS.
GoBack – the #1 selling system recovery software that allows user to “go back” in time and recover from system crashes and virus attacks.