Sonic Solutions on Monday announced it has completed its previously announced acquisition of the consumer software division of
Roxio Inc., as well as the name itself. Among the Mac products acquired by Sonic are Toast, the Toast add-on Jam and Popcorn. Roxio Inc. has officially changed its name to Napster Inc. and will focus its efforts on the development of that Windows-only online music download service. As part of the acquisition, more than 200 Roxio employees located in the United States and abroad have become Sonic employees.
Roxio and Sonic first
announced their intentions in August. The deal was valued at US$80 million, the bulk of which, said Roxio Chairman and CEO Chris Gorog, would be used to bolster Napster’s position in the competitive legal online music download market.
A recent survey showed that Napster beat Apple Computer Inc.’s iTunes Music Store in “top-of-mind awareness” among consumers, but Napster trails Apple in overall popularity.
Within a few days of the acquisition’s announcement Sonic Solutions President Robert J. Doris
reaffirmed his company’s commitment to the Macintosh market, stating that Toast “is a very long-standing, very well-regarded application on the Mac.” Sonic’s Roxio business unit plans to exhibit at next month’s Macworld Conference & Expo in San Francisco, Calif.
Roxio’s Toast is a CD and DVD burning solution for Mac consumers that enables users to secure data with password protection and encryption, author DVDs, Video CDs and Super Video CDs compete with menus, buttons and chapters, burn photos to CD with “Motion Pictures” pan and zoom effects, and more. Jam is an upgrade for Toast designed to aid users looking for more sophisticated audio and music burning capabilities. Popcorn, Roxio’s newest Mac tool, is designed to help users who need to burn or copy unencrypted DVD media.