News Corp. Sells 19% Stake in MacrovisionAuthored by Mark Hefflinger on June 6, 2008 - 7:48am.
Santa Clara,
Calif. - Macrovision (NASD: MVSN), a provider
of copy-protection technology and informational media databases, announced on
Friday that Rupert Murdoch's News Corp. (NYSE: NWS) has sold all of its 19% stake in the
company to several existing and new institutional investors. In April, the company sold its software business unit, which included products like InstallShield and FLEXnet, to a private equity firm for $200 million.
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