Macrovision, the Santa Clara, CA-based copyright-protection and DRM giant, has bought out its much smaller rival Trymedia, for $34 million in cash. SF-based Trymedia has been focused on the video gaming DRM industry, and will now become part of Macrovision’s newly created games business unit. According to the companies, in 2004, Trymedia handled over 100 million game downloads and powered over 300 digital distribution networks including AOL, EBGames, Gamespot, and Yahoo.
Trymedia was funded by Intel Capital, through its 1.5-old “Intel Digital Home Fund“, and is its first portfolio exit.
The transaction is expected to close July 29. Full details of the acquisition are in the FAQs here…
– DRM Company Trymedia Receives Second Round Funding
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