Macrovision Buys Globetrotter

Macrovision has signed a letter of intent to acquire Globetrotter Software, a leading OEM supplier electronic licensing and license management technology to software vendors. Macrovision will acquire all outstanding shares and option of Globetrotter in exchange for 11.2 million share of Macrovision. The two companies will combine their offerings to create a full suite of digital rights management technologies. "The combination of Macrovision and Globetrotter can serve the entire software industry - affecting applications as diverse as consumer entertainment titles in the home and engineering applications for global enterprises," said Globetrotter founder Matt Christiano.