12.12.2006 - Corel Completes InterVideo Acquisition, Advancing Its Digital Media Software Strategy

OTTAWA, December 12, 2006 -- Corel Corporation (NASDAQ:CREL; TSX:CRE) today announced the completion of its acquisition of InterVideo, Inc., a leading provider of digital media authoring and playback software with a focus on high-definition video and DVD technologies. Corel purchased InterVideo for $13.00 per share of InterVideo common stock resulting in an aggregate acquisition price of $198.6 million in an all-cash transaction. - View Press Release - Visit InterVideo, Inc.