Macrovision Buys Blu-ray DVD Security Tools Cryptography Research For Up To $60 Million

Updated: The price of acquisition is $45 million in cash and Macrovision (NSDQ: MVSN) may issue up to $15 million in stock based on performance, according to an SEC filing.

Digital content solutions provider Macrovision has agreed to buy certain tech assets from Cryptography Research, an engineering and technology company. The main focus for Macrovision is the San Francisco company’s SPDC (Self-Protecting Digital Content) technology, which is a key element of Blu-ray DVD format’s content security platform. As part of the transaction, Macrovision will also own some of Cryptography’s patents, security software code and related third party customer and partner agreements. Macrovision plans to hire an unspecified number of Cryptography employees. Financial terms were not disclosed. Release

Earlier this month the company announced it bought All Media Guide Holdings, a provider of information databases and metadata for the entertainment industry, for $82 million.

Disclaimer: Macrovision is a sponsor.

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