2004-08-23: VIVENDI UNIVERSAL GAMES SELLS HOME PRODUCTIVITY SOFTWARE BRANDS TO NOVA DEVELOPMENT CORPORATION
LOS ANGELES (August 23, 2004) – Vivendi Universal Games (VU Games) today announced the divestiture of home productivity software franchises, Hallmark Card Studio and Print Artist, to Nova Development Corporation effective immediately.
Under terms of the agreement, Nova Development acquires technology and content use rights to both franchises, as well as an extended license with Hallmark for the Card Studio product line. Financial terms of the deal were not disclosed.
The divestiture of home productivity software is part of VU Games’ strategy of refocusing its business exclusively on games.
About Nova Development Corp.
Based in Southern California, Nova Development Corporation is the #1 publisher of home graphics software in North America for both the Windows and Macintosh platforms. With a consumer software distribution network encompassing over 7500 retail locations in North America, Nova has a history of providing new technologies that consistently expand the uses of desktop computers for homes, schools and businesses.
About Vivendi Universal Games
Headquartered in Los Angeles, VU Games is a leading global developer, publisher and distributor of multi-platform interactive entertainment. Its development studios and publishing labels include Blizzard Entertainment, Sierra Entertainment, Fox Interactive and Massive Entertainment. VU Games’ library of over 700 titles features multi-million unit selling properties such as Warcraft, StarCraft and Diablo from Blizzard; Crash Bandicoot, Spyro The Dragon, Ground Control, Tribes and Leisure Suit Larry.
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