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News Breaks
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November 17, 2009
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| 04:59 EDT |  | DMRC |
| theflyonthewall.com: | Digimarc sues Shazam for patent infringement | | Digimarc Corporation announced it has filed a complaint for patent infringement against Shazam Entertainment, Ltd. According to Shazam, it is the world’s leading mobile music discovery provider, marketing software and services that have been used by more than 50M people in over 150 countries. Digimarc asserts that Shazam’s music identification technology infringes three of Digimarc’s patents, including two patents dating back to 1995. Digimarc’s patents relate to technology that enables devices to identify audio and visual content and immediately link the consumer to associated internet services. :theflyonthewall.com |
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January 31, 2012
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| 17:02 EDT | | DMRC |
| theflyonthewall.com: | Digimarc resolves license dispute with Verance | | Digimarc Corporation announced resolution of all disputes with Verance regarding existing patent and breach of contract claims. Digimarc and Verance will file a joint motion to dismiss Digimarc's breach of contract claim against Verance related to Verance's alleged failure to make payments under a license agreement entered into between Digimarc and Verance in August 2002. They also will file a joint motion to dismiss Verance's appeal in its action for declaratory judgment alleging invalidity and non-infringement of twenty-two Digimarc patents. In connection with the resolution of these matters, Digimarc and Verance entered into a three year renewal and extension license agreement, effective October 1, 2011, pursuant to which Verance paid Digimarc $8M for amounts due to Digimarc through September 30, 2011. The agreement further provides that Verance will continue to pay royalties quarterly to Digimarc. Upon completion of the initial three year term, Verance may renew the agreement for up to nine additional one year periods. The renewal and extension license agreement replaces the August 2002 license agreement between the parties. :theflyonthewall.com |
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