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Digital Rights Management: Patents and Audio Watermarking Software Deal
2001-10-24 admin
Digimarc to acquire Cognicity
25 October 2001
Digimarc Corporation, a leader in digital watermarking solutions, is to acquire intellectual property assets and software of audio watermarking company Cognicity.
"Cognicity, and its pioneering team of scientists, developed much of the technology that is now regarded as fundamental to audio watermarking," says Reed Stager, vice president and general manager of Global Licensing for Digimarc.
"We are pleased to add their work to the technology available through Digimarc."
In addition to various software platforms (including core watermarking software, transactional watermarking software, promotional CD marking software, and secure music delivery software), the Cognicity assets also include four pending patent applications, and an exclusive license to five issued patents owned by the University of Minnesota, where Cognicity's founders originally established their audio watermarking work. The transaction is expected to close by the end of November.
Digimarc's leading customers include creative professionals, major media companies and central banks.
The company's offerings include the MediaBridge family of solutions for brand management and enhancement, and the Excalibur family of anti-counterfeiting and security solutions for brand and document protection.
www.digimarc.com
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