Examples of Digital Watermarking Business in a sentence
In addition, aggregate cash balances were reduced from $78.6 million at the end of 2003 to $32.7 million at the end of 2007, reflecting the funding of operating losses for the combined Secure ID Business and Digital Watermarking Business and for funding capital expenditures, the majority being for the Secure ID Business.
In addition, in mid-2005, Old Digimarc began a reorganization of its business to focus on its core strengths while significantly reducing its cost of operations in all areas and growing revenues in both the Secure ID Business and Digital Watermarking Business.
In order to continue the operation of the Secure ID Business and to facilitate the orderly and effective transition of the Digital Watermarking Business from Digimarc to DMRC and to assist in the continued operation and transition of the Secure ID Business, the DMRC Group and the Digimarc Group each shall provide to the other the Services set forth in Sections 1.2 and 1.3, respectively (collectively, the “Services”).
In consideration of DMRC providing the continuing data center space and infrastructure on DMRC’s premises as requested by Digimarc, DMRC was required to build a temporary space to house its separate data center for the Digital Watermarking Business.
Services to be Provided: Digimarc shall provide to DMRC such legal services as DMRC may reasonably request to assist in the continued operation and transition of the Digital Watermarking Business, including Delayed Transfer Assets and Delayed Transfer Liabilities.
In addition, beginning in mid-2005, Digimarc began a reorganization of its business to focus on its core strengths while significantly reducing its cost of operations in all areas and growing revenues in both the Secure ID Business and Digital Watermarking Business.
On or prior to the Distribution Date or the Trust Transfer Date, as applicable, (i) Digimarc agrees to use commercially reasonable efforts to transfer all Information primarily related to the Digital Watermarking Business to DMRC and (ii) DMRC agrees to use commercially reasonable efforts to transfer all Information primarily related to the Secure ID Business to Digimarc.
Prior to the later of (i) the Initial Expiration Date and (ii) the latest Extended Expiration Date, if any, preceding the Acceptance Time (such later date being the “Target Spin-Off Date”), the Company shall, in accordance with the terms and conditions of the Spin-Off Agreements, cause the Spin-Off Assets and the Company’s cash to be contributed to a newly-formed subsidiary (“Newco”) and the liabilities primarily related to the Digital Watermarking Business to be assumed by Newco (the “Restructuring”).
Pursuant to the transition services agreement, Digimarc and DMRC Corporation will provide transition services to one another, including accounting and tax services, information technology services, legal services, human resources services and related services to enable Digimarc to continue its operation of the Secure ID Business and facilitate the effective transition of the Digital Watermarking Business to DMRC Corporation.
This information primarily consists of the Digital Watermarking Business and certain accounts of Digimarc.