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Reminder: Last day to enter out HP Mini 1000 notebook giveaway

Just a PSA for all you late-comers, today is the last day to enter our HP Mini 1000 giveaway, which stems from our HP Magic Giveaway. To recap, you can win an HP Mini 1000 (with Windows XP installed,) Microsoft Office 2007, Corel VideoStudio X, and Kung-Fu Panda on DVD. All you need to do is enter to win. You have until 11:59 PST tonight.

Read More | Gear Live HP Mini giveaway

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Corel to buy InterVideo

Posted by Brian Viele Categories: Corporate News, Software

Pending shareholder and regulatory approval, Corel plans to acquire InterVideo for a cool $196,000,000.00.  The deal will include InterVideo’s interest in Ulead as well, giving Corel the rights to WinDVD, Ulead Photo Impact, Ulead Video Studio, Ulead DVD Movie Factory and others. 

The acquisition is intended to help increase revenue and earnings growth through InterVideo’s OEM PC contracts, but should also benefit the customer putting InterVideo’s talented graphic design products together with Corel’s Paint Shop Pro.  This will definitely lead to the availability of some great software packages.

Corel plans to pay for InterVideo’s assets using cash reserves, debt financing and Intervideo’s cash. The acquisition is expected to close towards the end of the year.

Read More | Yahoo!

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