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L-1 Completes Acquisition Of Digimarc’s Identity Business

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You can stop holding your breath: L-1 has successfully completed its acquisition of Digimarc’s (NSDQ: DMRC) identity business. The deal was first announced back in March, although in June, Digimarc received a higher offer from French firm Safran. L-1, obviously, ultimately won out. With the deal’s completion, Digimarc’s remaining digital watermarking business will be spun back to shareholders in the form of a new firm also called Digimarc Corp. Release.

Aug 14, 2008 7:44 AM ET

Posted In: Money, M&A & Venture Capital, Mergers & Acquisitions, digimarc, l-1

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