Anthony @ Equity Investigations, Dear Anthony, Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony,

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: jjs64 who wrote (80698)	10/2/2002 6:27:51 PM
From: afrayem onigwecher	Read Replies (3) of 122087

TTR in talks to sell most assets to Macrovision 10/2/2002 6:14:29 PM NEW YORK, Oct 2 (Reuters) - Struggling anti-piracy product maker TTR Technologies Inc. (TTRE) on Wednesday said it is in talks to sell most of its assets to Macrovision Corp. (MVSN) , its primary technology partner and one of its biggest investors. Alerts Company: Ttr Technologies Inc Create Company: Macrovision Corporation Create TTR, the maker of the SafeAudio copy protection product, said the sale would include all of its intellectual property rights in the music protection and digital rights management business. The New York company, whose shares closed at 16 cents on Wednesday, said it had agreed to negotiate exclusively with Macrovision until Nov. 2. TTR aims to pare its costs by one-fourth over the coming 12 months, and said it is winding down all research, design and development activities at its Israel subsidiary TTR Technologies Ltd. The company said it would move any remaining related activities to the United States. TTR in September said company Chief Executive Daniel Stein had assumed the additional role of president, replacing resigning co-founder Marc Tokayer. Gershon Tokayer, Marc Tokayer's brother and the company's vice president of business development, also resigned. © Reuters 2002. All rights reserved. Republication or redistribution of Reuters content, including by caching, framing or similar means, is expressly prohibited without the prior written consent of Reuters. Reuters and the Reuters sphere logo are registered trademarks and trademarks of the Reuters group of companies around the world.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next