Corel Corp. announced Tuesday that it has completed the acquisition of Roxio from Rovi. The two companies initially announced the transition in January. Terms of the deal were not disclosed.
Roxio is a maker of media conversion software for Mac OS X and Windows. The company’s portfolio includes the popular Toast software, which enables Mac users to burn audio and video CDs, DVDs and Blu-ray Discs.
Shawn Cadeau, Senior Vice President, Global Marketing at Corel, offered reassuring words for Roxio customers concerned about the transition. He said that Roxio’s products are “an important addition.”
“We look forward to bringing together the best of what Corel and Roxio have to offer as we work to deliver even richer, more rewarding experiences to our customers,” said Cadeau.