RealNetworks to Buy Roxio?


RealNetworks wants to offer about $100 million of convertible subordinated notes to institutional buyers….speculation is rising that it could be shopping for another online music merger. One possible acquisition is Roxio, which develops software to burn CDs and videos. Roxio bought the name and technology rights of the defunct Napster music site late last year and announced plans in February to put it back online in a different form.

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