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Macrovision closes InstallShield deal

The maker of copy-protection technology spends $76 million on InstallShield, which makes software installation tools.

Macrovision said on Thursday that it has completed its $76 million purchase of InstallShield, a company that makes widely used software installation tools.

Santa Clara, Calif.-based Macrovision has been on a spending spree over the last several years, adding to its stable of technologies that help manage and protect software and other content against unauthorized copying. It hopes the addition of Schaumburg, Ill.-based InstallShield will help boost sales of its digital license management software.