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| Type | Subsidiary |
|---|---|
| Nasdaq: IVII | |
| Industry | Software publishing |
| Founded | 1998[1] |
| Founder |
|
| Defunct | 2006 |
| Fate | Acquired by Corel |
| Products | Video software, multimedia software |
Number of employees | 803[1] |
| Parent | Corel Corporation |
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
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
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
- ^ a b "Profile for InterVideo Inc". Yahoo Finance. Yahoo. Retrieved 2006-09-10.
- ^ Nuttall, Chris (2006-08-28). "Corel buys InterVideo for $196m". Financial Times. Retrieved 2006-09-10.
- ^ Corel's letter to customers on the InterVideo Ulead acquisition Archived 2008-10-09 at the Wayback Machine
See also
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