Software maker Roxio has bought the remaining intellectual property assets of the now defunct file-swap company Napster for just over $5m.
According to Associated Press, the deal went through immediately after it was approved by a Delaware bankruptcy court.
Roxio, which specialises in CD-burning software, snapped up Napster's patents and brand name for the cash, plus $300,000 in warrants for shares of Roxio common stock.
In a comment related to Napster's feline trademark, the deal was described as "buying a dead cat" by some observers.
Roxio officials explained that it will be months before they reveal their resurrection plans, although chief executive Chris Gorog said that Napster's intellectual property "will expand our role in the digital media landscape and enhance our offerings to consumers".
The company does not have to pay any of Napster's bills. Napster's hardware remains part of the company's bankruptcy proceedings and will be auctioned off in two weeks.
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