LizardTech to Acquire Altamira's Genuine Fractals Technology

LizardTech, Seattle, Wash., USA, will acquire the Genuine Fractals technology of Altamira Group Inc., Burbank, Calif., USA. The acquisition will enable LizardTech to provide its DjVu and MrSID software solutions to Genuine Fractals' partners, alliances, customers and reseller channels. LizardTech will gain access to Genuine Fractals' sales channel with photography device manufacturers, such as Olympus, Nikon, and Minolta. The transaction will be finalized in the quarter ending June 30, subject to customary regulatory approvals.