Opta Systems purchases GoVideo’s assets

SONICblue announcedthat the transfer of it’s GoVideo business assets to Opta Systems, LLC is complete.

The purchase price, which is subject to a final adjustment based on the inventory and receivables at closing, was $6.2 million.

“We are pleased to finalize the sale of our GoVideo assets,” said Gregory Ballard, chief executive officer, SONICblue. “The GoVideo products and employees couldn’t have found a better home.”