| |
NetRatings and Omniture Settle Lawsuit
NetRatings and Omniture have this week announced the settlement of the former's patent infringement action. Under the terms of the settlement, the parties have agreed to dismiss all pending legal claims and NetRatings has licensed its portfolio to Omniture, granting worldwide rights under all its patents.
Financial terms of the settlement have not been disclosed.
According to Josh James, CEO and co-founder of Omniture the agreement 'ensures that our customers will have the highest level of certainty and protection when using Omniture's enterprise-class Web analytics products and services. We are proud to be the first major Web analytics solutions provider to have licensed these intellectual property assets.'
William Pulver, President and CEO, NetRatings added, 'We are pleased to have worked with Omniture to reach an amicable resolution that we believe is beneficial to both companies. We remain confident in our strategy to protect NetRatings' intellectual property in the Web analytics and online advertising measurement spaces, and expect to broaden the scope of our patent enforcement programme.'
NetRatings, which has recently exchanged writs with Web analytics provider WebSideStory, Inc. (www.mrweb.com/drno/news5223.htm ), can be found at www.nielsen-netratings.com and Omniture at www.omniture.com
|
