Intervideo Taiwan Officially Merged with Ulead Systems

InterVideo announced that its Taiwan branch, InterVideo Digital Tech, and Ulead Systems will be officially merged.
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Intervideo Taiwan Officially Merged with Ulead Systems

Jul 6, 2006 11:16 AM

InterVideo, an industry leader in next-generation DVD and multimedia software, announced that its Taiwan branch, InterVideo Digital Tech, and Ulead Systems will be officially merged.

InterVideo Taiwan acquired the remaining shares of Ulead Systems Inc. in order to consolidate resources efficiently, reduce operational costs, and enhance operational efficiency. InterVideo currently owns 67 percent of Ulead and will pay NT$30 per share to buy back the remaining 33 percent of shares from Ulead shareholders.

For more information on the company, its products and services, please visit Ulead's web site at www.ulead.com

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