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Friday, February 15, 2008
 Thoma Cressey Bravo to Acquire Macrovision's Software Business
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Message Text: An affiliate of Thoma Cressey Bravo will acquire Macrovision's Software Business Unit in a cash transaction valued at approximately $200 million, the companies said.

The transaction is subject to customary conditions to closing and is expected to close on or before April 1, 2008.

"This is a very exciting opportunity for our software business unit. We have taken tremendous pride in developing and selling award-winning software solutions that strive to exceed our customers? needs," stated Fred Amoroso, President and CEO of Macrovision.

The transaction will result in a stand-alone company. All products and associated support and services from within the Software Business Unit are part of the transaction. Mark Bishof, currently Macrovision?s Executive Vice President and General Manager of the Software Business Unit, will assume the role of CEO for the stand-alone software company following the close of the transaction.

Specifically, the transaction includes the FLEXnet and InstallShield family of products for software producers which help manage entitlements, software licensing, compliance, installation, and electronic software delivery for independent software vendors (ISV's).
 
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