The transaction has been unanimously approved by the boards of directors of both companies and is currently expected to close by early second quarter 2008.
Macrovision said it would combine its anti-piracy technology with Gemstar's interactive television program guide, which is used by cable and satellite operators, to make protected TV shows, films, photos or music available on many more devices. Gemstar also publishes TV Guide magazine.
Combining Macrovisions and Gemstar-TV Guides solution portfolios will enable libraries of commercial and personal protected content to be accessible on numerous devices through simple guides. For example, consumers will be able to pull up a guide on their TV and receive personalized content and information regarding their favorite TV shows, read movie reviews before purchasing or renting a film, view personal photos, or tap into their music library.