Wednesday, October 22, 2014
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Microsoft Is Rolling Out First New Windows 10 Preview Build
Yahoo Reports High Revenue and Profit
New Samsung Galaxy S5 'Plus' Released With Faster Processor
Google, Facebook And Comcast Spend The Most On Lobbying
Google Play Music App To Follow Your Mood
Login To Google Using A USB Security Key
Toshiba Debuts New 2-in-1 Convertible PC with a 360-Degree Design
Acer Leads The Growing Chromebook Market
Active Discussions
Copied dvd's say blank in computer only
How to generate lots of different CDs quickly
Yamaha CRW-F1UX
help questions structure DVDR
Made video, won't play back easily
Questions durability monitor LCD
Questions fungus CD/DVD Media, Some expert engineer in optical media can help me?
CD, DVD and Blu-ray burning for Android in development
 Home > News > Optical Storage > TTR and...
Last 7 Days News : SU MO TU WE TH FR SA All News

Wednesday, October 09, 2002
TTR and Macrovision holding negotiations

TTR TECHNOLOGIES, INC., (Nasdaq NM: TTRE - News) announced that it is holding negotiations to potentially sell substantially all of its assets, including all of its intellectual property rights in the music protection and digital rights management business to Macrovision Corporation, one of TTR's largest stockholders and TTR's primary technology partner.

TTR has agreed to negotiate exclusively with Macrovision with respect to the potential sale of these assets until November 2, 2002.

If this transaction is consummated, TTR would cease to be engaged in the music protection and digital rights management business. TTR's board has not yet finalized its business plan for the company following the consummation of the potential transaction, if it is in fact consummated. Any such transaction will be subject to final board and stockholder approval, as well as completion of negotiations. No assurance can be given that such approvals will be obtained or that TTR and Macrovision will in fact consummate a transaction.

Additionally, consistent with it plans to restructure its cost base and reduce outlays by approximately 25% over the course of the next 12 months, TTR commenced the reduction of its research, design and development activities currently being conducted at its Israeli based subsidiary, TTR Technologies, Ltd. TTR is currently winding down all research, design and development activities at the Israeli-based facility and plans to relocate any remaining research, design and development activities to the United States. No assurance can be provided that the anticipated relocation of the research, design and development activities will not adversely affect TTR's activities in such areas or will in fact result in the anticipated cost savings. Additionally, no assurance can be provided that the wind-down of TTR Ltd. will not result in unanticipated outlays or costs, some of which may be significant.

Dat Optic announces ComboDUP- stand alone CD/DVD duplicator        All News        Dat Optic announces ComboDUP- stand alone CD/DVD duplicator
Dat Optic announces ComboDUP- stand alone CD/DVD duplicator     Optical Storage News      Dat Optic announces ComboDUP- stand alone CD/DVD duplicator

Source Link Get RSS feed Easy Print E-Mail this Message

Related News
CD Digital Card Offers CopyBlock Protection For DVDs
Macrovision Becomes 'Rovi'
Hitachi to Incorporate Macrovision's Digital G-Guide Interactive Program Guide Technology into its Digital Televisions and Digital Video Recorders
Thoma Cressey Bravo to Acquire Macrovision's Software Business
CinemaNow and Macrovision to Deliver Online Video Entertainment
Macrovision to Acquire Gemstar-TV Guide
Macrovision To Buy Blu-ray Technology From Cryptography Research
Sonic and Macrovision Enter Into Licensing Agreement
AACS LA Adopts Macrovision's Analog Hole Content Protection
New Digital Distribution of Games Announced
Macrovision Forces Removal of DVD Decrypter
Macrovision Acquires Digital Distribution Experts Trymedia

Most Popular News
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2014 - All rights reserved -
Privacy policy - Contact Us .