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Roxio sells off its software division

Sonic Solutions today announced the completion of its purchase of Roxio’s consumer software division. Under the terms of the transaction Sonic is acquiring “substantially all the business and assets of the division, including all products, intellectual property, and trademarks, including the Roxio name.” More than 200 Roxio employees, based at several U.S. and international locations, will join Sonic. Roxio, which will retain its Napster music download division, has officially changed its name to Napster, Inc..

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