Tag: roxio

Roxio selling software division, focusing on music

Roxio and Sonic Solutions today announced a definitive agreement for Sonic to acquire the consumer software division of Roxio for a total purchase price of US$80 million. Under the terms of the transaction, Roxio will receive $70 million in cash and shares of Sonic common stock valued at $10 million. Roxio plans to focus its business on the digital music market and will change its corporate name to Napster and trade under the ticker “NAPS” on NASDAQ.

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Roxio ships Toast With Jam 6

Roxio today announced that it is now shipping Toast with Jam 6, the new version of its popular CD and DVD burning software, enhanced with studio quality audio tools. Created for “discriminating consumers who want superior quality sound in their CDs and DVDs,” the software package combines the award-winning Toast 6 Titanium suite with Jam 6 mixing and mastering software, BIAS Peak Express stereo editing software, and Dolby Digital sound encoding software. Toast with Jam 6 sells for US$199.95. Read More

Roxio closes Napster purchase

Roxio has announced the completion of its acquisition of what amounts to basically all of the assets of Napster, the legally-challenged online music trading service. As part of the deal, Roxio has received all of Napster’s intellectual property, including but not limited to the name, trademarks, domain name, and their extensive technology portfolio, but none of the company’s pending liabilities or litigation.

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Roxio to acquire Napster assests

Roxio, creators of the popular Toast CD authoring software, today announced that it will acquire the assests of Napster, the former file-sharing company, for US$5.3 million in cash and stock. Roxio will receive all of Napster’s intellectual property including its technology patent portfolio, but will not be assuming any of Napster’s liabilities, including pending litigation.

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Toast 5.2 Titanium coming next week

Roxio has told MacMinute that it will release Toast 5.2 Titanium, an update to the company’s popular CD and DVD burning software, on October 2. The free update will add Mac OS X 10.2 compatibility, support for writing CD-Text, burning speeds up to 52x, and improves the color, contrast and encoding performance on VideoCDs. Toast Titanium is available for Mac OS 9.1 or higher and Mac OS X, priced at US$99.95.

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