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-------------------------------------------------------------- This story was printed from ZDNet Australia. --------------------------------------------------------------
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Apple acquiring DVD software maker By Ian Fried, Special to ZDNet July 10, 2001 URL: http://www.zdnet.com.au/news/soa/Apple-acquiring-DVD-software-maker/0,139023165,120237551,00.htm
Apple Computer is buying privately held DVD software maker Spruce Technologies, the Mac maker has confirmed. "This acquisition further enhances Apple's position as the pre-eminent platform for DVD authoring," the company said. "Apple will offer a migration plan to existing Spruce customers to help them preserve their investment in Spruce software." Apple declined further comment. Financial details of the deal were not released. A representative at Spruce referred all questions to Apple's public relations department. Founded in 1996, Spruce has Windows-based DVD authoring software for consumers and professionals. According to its Web site, the company has 55 workers. Apple has its own DVD authoring software, the consumer iDVD program and the business-oriented DVD Studio Pro -- both introduced at Macworld Expo in San Francisco at the beginning of the year. In March, Apple announced it would acquire education software company PowerSchool for US$62 million in stock.
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