Technology company Digimarc Corp has acquired Attributor Corp, a provider of e-book content licensing technology and services for $5.6m, according to news provider Oregon Live. The deal includes a $900k bonus for Shareholders of Attributor if the company meets unspecified performance objectives both this year and in 2013.
Attributor previously raised over $25m in VC funding from US media company Turner Broadcasting and venture capital firms Sigma Partners, Selby Venture Partners, Jafco Ventures, Amicus Capital, Draper Richards and First Round Capital.
Bruce Davis, chief executive at Digimar,c said: “The multi-billion dollar eBook market is young, and growing rapidly, and requires solutions for protection and analytics,Attributor has a great team who are building a promising business in this high growth market, and possess complementary technical skills and market knowledge that will dovetail nicely with our existing organization.”