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 connection with the Old Digimarc/L-1 merger, we entered into a separation agreement with Old Digimarc, DMRC LLC and, with respect to certain sections, L-1, which contained many of the key provisions related to the spin-off of the Digital Watermarking Business from Old Digimarc.
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.
On August 1, 2008, prior to the initial expiration of the offer, Old Digimarc contributed all of the assets and liabilities related to its Digital Watermarking Business, together with all of Old Digimarc's cash, to DMRC LLC, which subsequently merged with and into New Digimarc, and the shares of New Digimarc common stock were transferred to a newly created trust for the benefit of Old Digimarc record holders.
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”).
The following Management's Discussion and Analysis of Financial Condition and Results of Operations discusses the historical financial condition and results of operations for the Digital Watermarking Business, or DMRC Corporation, without giving effect to the proposed transactions.
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.
As a condition to the merger, Digimarc will spin off to its stockholders the limited liability company interests of a newly formed subsidiary, which we refer to as DMRC LLC, containing all of Digimarc's Digital Watermarking Business assets and liabilities.
The reason for this large decline is due to high long-term interest rates in 1994 which all but halted the mortgage loan and refinance business.
DMRC's business primarily consists of Digimarc's Digital Watermarking Business and certain accounts of Digimarc.