Thoma Bravo Completes Acquisition of Macrovision's Software Business Unit

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Tue Apr 1, 2008 6:28pm EDT

Acquired Business Unit Becomes Standalone Company Named Acresso
                               Software
SAN FRANCISCO--(Business Wire)--
Thoma Bravo, a leading private equity investment firm, has
completed the acquisition of Macrovision Corporation's (NASDAQ:MVSN)
Software Business Unit. The acquisition results in the formation of a
standalone company named Acresso Software.

   Acresso Software provides solutions that help simplify the
business relationship between software producers and enterprises.
Acresso Software's product line includes the FLEXnet(R) and
InstallShield(R) family of products that were previously offered by
Macrovision Corporation. These software products enable independent
software vendors (ISV's) to manage entitlements, software licensing,
compliance, installation, and electronic software delivery. Acresso
Software also delivers the Adminstudio(R) product line that provides
asset management, license usage, and mass deployment tools to IT
departments at enterprise organizations.

   "Acresso Software is being launched today on the foundation of two
strong product franchises in InstallShield and FLEXnet software with
60,000 installed customers, deployed on 500 million desktops around
the world," said Mark Bishof, CEO of Acresso Software. "We have a
world-class investment partner in Thoma Bravo, an experienced,
energized management team, and employees dedicated to building a
world-class software business singularly focused on making our
customers successful. We are open for business and extremely excited
about the future of Acresso Software."

   "Thoma Bravo looks forward to further strengthening the market
leadership of Acresso Software, a company with 20 years of experience
in delivering successful software solutions," said Orlando Bravo,
managing partner at Thoma Bravo. "By leveraging the market leadership
of Acresso Software's existing product lines, Thoma Bravo will work
with the company's highly experienced management team to grow Acresso
Software and deliver increased value for its customers," added Seth
Boro, principal at Thoma Bravo.

   Acresso Software's management team draws on the strengths and
expertise of dedicated, seasoned software industry experts. The
management team of Acresso Software is:

   - Mark Bishof, President and CEO

   - Jim Ryan, SVP Global Sales

   - Bob Doyle, SVP Engineering

   - David Rowley, SVP Business Development

   - Richard Northing, SVP Global Services

   Summary of the Transaction

   In February 2008, Thoma Bravo entered into a definitive agreement
with Macrovision Corporation to acquire its Software Business Unit in
a cash transaction valued at approximately $200 million. The
divestiture of Macrovision Corporation's software business unit closes
today and results in the formation of standalone company Acresso
Software.

   About Acresso Software

   Acresso Software provides solutions that power the business of
software for multiple customer segments, including hardware and
software producers, engineers and developers, helping them uncover
revenue opportunities, streamline their infrastructure and reduce
costs. Acresso's proven solutions have been simplifying the business
relationship between software and hardware producers and their
enterprise and government customers for more than 20 years, enabling
Acresso to maximize the value of the software the world develops and
uses. For more information, please go to: www.acresso.com.

   About Thoma Bravo, LLC

   Thoma Bravo is a leading private equity investment firm that has
been providing equity and strategic support to experienced management
teams building growing companies for more than 27 years. The firm
originated the concept of industry consolidation investing, which
seeks to create value through the strategic use of acquisitions to
accelerate business growth. Thoma Bravo applies its investment
strategy across multiple industries with a particular focus on the
software and services sectors. In the software industry, Thoma Bravo
has completed 34 acquisitions across 12 platform companies with total
annual earnings in excess of $500 million.

Press Contacts
Acresso Software
UK & APAC Press:
Emma Wood, +44 (0)1628 786160
ewood@acresso.com
or
North American Press:
Kathy Sharo, 847-466-4303
ksharo@acresso.com
or
Lane PR (for Thoma Bravo)
Amber Roberts, 503-546-7891
amber@lanepr.com

Copyright Business Wire 2008
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