Wednesday, June 30, 2010

Sonic Solutions : Liscense Deal with Sears (Nasdaq:SNIC)

Sonic and Roxio Professional brands to motion picture studios, authoring houses, and other professional customers. It also sells, rents, and distributes entertainment content to consumers over the Internet. In addition, this segment develops and licenses software components to consumer electronics companies. The company also licenses technology and intellectual property to other software companies and technology manufacturers for integration into their own products and services. It serves consumers, original equipment manufacturers (OEMs), businesses, and professional optical disc authoring experts and developers. The company distributes its products and services through retailers and distributors, and personal computer and consumer electronics OEMs, as well as through Internet Websites, including www.roxio.com. It has a strategic relationship with MOD Systems Incorporated to provide a multi-platform system for digitally delivering entertainment to retailers.

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