Technology IP Holding Company Intertrust Acquires Seeqpod Assets
August 30, 2010 at 13:32 PM EDT
Intertrust Technologies Corporation , a company that develops and and licenses technologies and intellectual property for digital rights management (DRM), has moved to acquire the assets of media search service Seeqpod . Intertrust, which holds over 150 patents and has offices in Silicon Valley, London and Beijing, announced this morning that it has purchased all software and patents developed by Seeqpod via Chapter 7 Bankruptcy proceeding. Intertrust - former by Sony and Philips in partnership with Stephens Bank - has however not acquired the domain names used by the company.