InterTrust Announces the Acquisition of Infinite Ink
Broadens InterTrust's Digital Rights Management Platform to Address Multiple e-Publishing Platforms, including e-Books, with Smaller, Faster Rendering Technologies
BOSTON, Feb. 9 /PRNewswire/ -- InterTrust Technologies Corporation (Nasdaq: ITRU - news), the MetaTrust Utility(TM), today announced that it signed an agreement to acquire Infinite Ink, a Portland, Oregon, pioneering provider of technology for multi-platform e-publishing. The integration of Infinite Ink's technology into InterTrust's digital rights management (DRM) platform will provide e-publishers and resellers with a powerful range of platform support, document compression, advanced document rendering, and searching capabilities. InterTrust believes this combination of the leading distributed DRM and Infinite Ink's leading e-technology for eBooks will uniquely support digital content providers with easily used tools enabling DRM-powered digital products and business models. Financial terms of the deal were not disclosed.
InterTrust initially plans to deliver MetaTrust-Certified(TM) reusable e-publishing components that are based on Infinite Ink tools. These tools will operate on PCs, with follow-on support for set-tops, portables and other small platform devices, and Macintosh. Infinite Ink's publishing tools are designed to take a source document and package the contents for rendering in the Infinite Ink IPD format. The packaging process automatically translates HTML, Open eBook (OEB) format and other formatted content into a compressed, rights managed multimedia file. With Infinite Ink technology, document size is greatly reduced for significantly faster downloads and text searches, as well as smaller storage space requirements. In addition, a document and any portion of a document can have flexible rules associated to control viewing, printing, copying and redistributing in accordance with content provider business models.
InterTrust intends to provide the Infinite Press Reader(TM) technology as a plug-in component for the InterTrust FlyingMedia(TM) digital rights management content publishing system. This will enhance FlyingMedia with fundamentally important tools and capabilities reflecting the leading edge of e-publishing solutions. Publishers, resellers and e-publishing companies will have a range of tools enabling creation of content in their desired or existing formats (PDF, HTML, Quark, MS Office) and publish them using an exciting, integrated array of technologies. This integration of InterTrust and Infinite Ink technologies will produce highly efficient publishing tools that fully integrate advanced rights management and enable a rich variety of content business models, including integrated, multi-content products, superdistribution, flexible subscriptions and value chain publishing. With Flying Media and Infinite Ink's technology, publishers can plan on delivering highly scalable, multi-platform, multi-model solutions that have been designed to support the anticipated Open eBook (OEB) industry format.
``Infinite Ink has exciting technology. Our acquisition of Infinite Ink should substantially expand InterTrust's array of MetaTrust Certified components for content digital publishing. We believe that integration of Infinite Ink technology and InterTrust DRM technology will allow digital content providers to deploy comprehensive, seamless eBook solutions,' said Victor Shear, chairman and CEO, InterTrust Technologies Corporation. ``InterTrust is continually striving to ensure that consumers, publishers, resellers and e-publishing companies have the broadest range of options available in designing and using high quality DRM-enabled products, applications and services.'
``As a result of our merger with InterTrust, we will work to seamlessly integrate our reader and publisher applications with the industry's leading DRM solution,' said John Wiley, president, Infinite Ink. ``The resulting trusted publishing components should substantially simplify and accelerate the development efforts of e-publishing and technology companies interested in exploiting highly-scalable and flexible DRM solutions.'
``Providing a solution that will be OEB compliant should accelerate e-publishing market development,' Dennis McNannay, VP product development, Infinite Ink. ``This deal will create a single solution for securely managing, distributing and consuming diverse media such as eBooks, digital magazines and newspapers, and music across multiple platforms.'
``The integration of Infinite Ink and InterTrust technology would offer publishers an easy and compelling transition to DRM,' said John Taysom, CEO, Reuters Greenhouse. ``By allowing publishers to continue to publish in their existing formats and adding the sophistication of InterTrust's DRM platform, we believe this solution will help publishers get to market quickly with advanced e-publishing business models.'
``E-publishing business strategies require multi-formats and multi-platforms,' said Arnie Sigurdsson, CTO, Digital World Services, a Bertelsmann company. ``We are very pleased to see the planned integration of emerging formats such as the Open eBook standard into the InterTrust DRM technology platform.'
``The business information publishers that we are working with not only want to securely sell and distribute their content in electronic form, but also want a highly scalable electronic commerce solution,' said Kirk Loevner, founder and CEO, PublishOne. ``The Infinite Ink acquisition will substantially enhance InterTrust's DRM platform capabilities for publishers and represents an important step in the evolution of digital publishing.'
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