NetRatings Acquires ACNielsen eRatings.com and European Audience Measurement Contracts of Jupiter Media Metrix.Business EditorsHAARLEM, Netherlands--(BUSINESS WIRE)--May 8, 2002 VNU VNU Volontaires des Nations Unies (French) VNU Verenigde Nederlandse Uitgeversbedrijven (Dutch) VNU Virtual Network User , a leading international media and information company, today announced that NetRatings, Inc. (Nasdaq: NTRT), in which VNU has a 64% interest, has acquired ACNielsen eRatings.com. Also NetRatings, Inc. and Jupiter Media Metrix, Inc. (Nasdaq: JMXI) have settled Jupiter Media Metrix's pending patent infringement patent infringement n. the manufacture and/or use of an invention or improvement for which someone else owns a patent issued by the government, without obtaining permission of the owner of the patent by contract, license or waiver. case against NetRatings. In a separate transaction, NetRatings has acquired Jupiter Media Metrix's contracts for European European emanating from or pertaining to Europe. European bat lyssavirus see lyssavirus. European beech tree fagussylvaticus. European blastomycosis see cryptococcosis. internet audience measurement. Acquisition of ACNielsen eRatings.com ACNielsen eRatings.com, an internet audience measurement company with operations outside the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. , is a joint venture 80.1% owned by VNU's ACNielsen and 19.9% owned by NetRatings. The companies jointly produce the Nielsen//NetRatings service which tracks audiences, advertising and user activity on the internet globally. Under the terms of the deal, NetRatings has acquired the 80.1% of ACNielsen eRatings.com that it does not already own for 749,341 shares of NetRatings stock, worth USD USD In currencies, this is the abbreviation for the U.S. Dollar. Notes: The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. 9.6 million. VNU continues to own a majority of the NetRatings shares outstanding. Settlement patent litigation An action brought in court to enforce a particular right. The act or process of bringing a lawsuit in and of itself; a judicial contest; any dispute. When a person begins a civil lawsuit, the person enters into a process called litigation. - acquisition of Jupiter Media Metrix's European audience measurement contracts The patent infringement case settlement provides for the dismissal with prejudice dismissal with prejudice n. see dismissal. of the litigation and a USD 15 million payment by NetRatings to Jupiter Media Metrix. Under the terms of the settlement, NetRatings has acquired Jupiter Media Metrix's patents for computer use tracking and granted Jupiter Media Metrix a non-exclusive, assignable license to use the patented technology in its U.S. internet audience measurement business until June 30, 2005, for which Jupiter Media Metrix will pay license fees. In addition, as part of the settlement, Jupiter Media Metrix has granted NetRatings a perpetual PERPETUAL. That which is to last without limitation as to time; as, a perpetual statute, which is one without limit as to time, although not expressed to be so. non-exclusive royalty-free license in certain proprietary software associated with the utilisation of the patented technology. In a separate transaction, NetRatings has acquired Jupiter Media Metrix's contracts for European internet audience measurement and certain related assets for USD 2 million in cash. VNU VNU is one of the world's leading media and information companies. Its core activities are marketing information, media measurement & information, business information and directories. VNU is active in more than 100 countries, spread across all continents. The company employs approximately 38,000 people and has annual revenues of over EUR EUR In currencies, this is the abbreviation for the Euro. Notes: The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. 4.3 billion. NetRatings NetRatings, Inc. provides the global standard in internet audience measurement and analysis. Its products include the Nielsen//NetRatings audience measurement services, the AdRelevance online advertising measurement services, and the @plan user profiling and analysis services. NetRatings has strategic relationships with both VNU business Nielsen Media Research, the leading source of television audience measurement and related services in the U.S. and Canada, and ACNielsen, a leading provider of market research information and analysis to the consumer products and services industries. |
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