Digimarc Receives $4.5M in Licensing Agreement
Klarquist’s client Digimarc Corporation, of Beaverton Oregon, has settled patent infringement litigation in Delaware with Arbitron Inc. The parties entered a non-exclusive licensing agreement for a $4.5 million payment to Digimarc. Digimarc’s patented portfolio includes innovations in areas such as audience measurement, mobile music identification, visual search, copyright filtering, royalty audits, and brand protection.
Digimarc Corporation was represented by in-house counsel Joel Meyer and Tom Horgan; Klarquist attorneys Stephen J. Joncus and John D. Vandenberg; and Young Conaway Stargatt & Taylor LLP in Delaware.
Arbitron Inc. was represented by the firms of and Dickstein Shapiro LLP, Katten Muchin Rosenman LLP and Morris Nichols Arsht & Tunnell LLP.