Macrovision to buy Blu-ray technology assets from Cryptography Research for $45M

NEW YORK, Nov. 19, 2007 (Thomson Financial delivered by Newstex) -- Macrovision (NASDAQ:MVSN) Corp. Monday said it would buy self-protecting digital content technology assets from Cryptography Research Inc.The assets are used in a security platform for Blu-ray technology.The consideration for the assets is $45 million in cash, as well as warrants for Macrovision stock. Some of the stock is subject to certain undisclosed performance milestones.The acquisition includes Cryptography's patents, security software codes and related agreements with third-party customers and partners.Macrovision said it expects the acquisitions will add to its 2008 earnings. The deal is expected to close in the company's fourth quarter.Macrovision is a distributor of digital products based in Santa Clara, Calif. Its stock closed Friday at $26.43

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