Rovi to acquire Sonic Solutions for $720 mln (Digital Trends)

Digital Trends – Digital entertainment company Rovi Corporation has announced a deal to acquire Sonic Solutions a cash-and-stock deal valued at $720 million. Rovi Corporation specializes in providing entertainment information—think programming guides—along with DRM and content networking technology, while Sonic Solutions is the outfit behind many digital video streaming services, including Blockbuster movie streaming, Best Buy’s CinemaNow service, and Sonic’s own RoxioNow service that’s now built into hundreds of consumer electronics products from a wide range of manufacturers.

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