Intertrust Acquires SeeqPod Assets

SUNNYVALE, Calif.--()--Intertrust Technologies Corporation today announced that it has acquired all software and patents developed by SeeqPod, Inc. via Chapter 7 Bankruptcy proceeding. Intertrust has not acquired the domain names used by the company.

The heuristic search algorithms in SeeqPod’s technology portfolio were originally developed for searching medical research databases at Lawrence Berkeley National Laboratories. The award-winning technologies have broad applicability for identifying hidden patterns in data that are distributed across the Internet, including indexing and finding playable search results for audio, video, podcasts and text.

The SeeqPod music search service that initially used these technologies shut down in 2009 in the midst of copyright litigation.

“SeeqPod’s technologies are remarkably efficient at finding highly accurate pattern matches over large distributed networks like the Internet,” said Dave Maher, executive vice president and chief technology officer for Intertrust. “Intertrust plans to use SeeqPod’s breakthrough technology in distributed search systems in a variety of applications and services for Internet television, targeted advertising, recommendation systems, electronic music distribution and healthcare information services.”

In addition to maintaining a world-class research and development laboratory, Intertrust invests in disruptive media and trusted third-party services ventures such as SyncTV, and the music distribution service Beyond Oblivion, Inc. that will benefit from the acquired technologies.

About Intertrust Technologies Corporation

Intertrust invents, develops, and licenses technologies and intellectual property for digital rights management (DRM) and trusted computing. The company holds over 150 patents and has over 300 patent applications pending worldwide. Intertrust's inventions enable a broad range of products that use DRM and trusted computing technologies, including operating systems, digital media platforms, consumer electronics and mobile computing devices, web services, and secure enterprise automation. Through its wholly-owned subsidiary Seacert, Intertrust provides trust management services for the Marlin and OMA DRM standards. Intertrust is headquartered in Silicon Valley and has regional offices in London and Beijing. More information on Intertrust is at www.intertrust.com.

Contacts

Intertrust Media Contact:
Robin Buckley, robin@buckleykaldenbach.com
703.533.9805 or 703.201.3524 (mobile)

Release Summary

Intertrust Technologies Corporation acquires all software and patents developed by SeeqPod, Inc.

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Contacts

Intertrust Media Contact:
Robin Buckley, robin@buckleykaldenbach.com
703.533.9805 or 703.201.3524 (mobile)