Oct 18, 2010 : MarkMonitor Acquires DtecNet
📅 - Acquisition extends anti-piracy capabilities for digital content.
MarkMonitor, a provider of online corporate identity protection, today announced that it has acquired DtecNet, a global anti-piracy company. The company avers that with the addition of DtecNet technology, it expands its Brand Protection platform, adding greater breadth in targeting both the distribution points and promotional vehicles for pirated digital content.
According to it, DtecNet Founder and CEO Thomas Sehested will join the company as a Senior Vice President. DtecNet's European operations will expand the combined company's global coverage, with a development team in Denmark and an operations center in Vilnius, Lithuania.
The company states that global piracy affects a wide range of digital content, including movies, music, games, software and e-books. The worldwide economic impact of online piracy and counterfeiting is estimated at $200 billion annually, focusing C-level attention on the need for brand protection strategies specifically crafted for the Internet. DtecNet was honored recently in Denmark by the daily finance publication Borsen with a 'Gazelle' award that recognizes the company's sustained growth. DtecNet brings expertise in pinpointing and monitoring illegal download activity on P2P networks, blogs, video streaming sites and Usenet services.
"Piracy of digital content on the Internet is a severe and growing problem," said Irfan Salim, CEO of MarkMonitor. "The acquisition of DtecNet expands the MarkMonitor brand protection arsenal, adding the industry's most comprehensive anti-piracy technology and expertise, providing a proactive approach to fighting the global problem of online piracy."
"This acquisition is a natural extension to the partnership that MarkMonitor and DtecNet have enjoyed," noted Sehested. "As one company, we will be able to offer more diverse and highly valued services to our joint customers, helping them eliminate piracy at the source while increasing their revenue and protecting their trusted brands."
MarkMonitor, a provider of online corporate identity protection, today announced that it has acquired DtecNet, a global anti-piracy company. The company avers that with the addition of DtecNet technology, it expands its Brand Protection platform, adding greater breadth in targeting both the distribution points and promotional vehicles for pirated digital content.
According to it, DtecNet Founder and CEO Thomas Sehested will join the company as a Senior Vice President. DtecNet's European operations will expand the combined company's global coverage, with a development team in Denmark and an operations center in Vilnius, Lithuania.
The company states that global piracy affects a wide range of digital content, including movies, music, games, software and e-books. The worldwide economic impact of online piracy and counterfeiting is estimated at $200 billion annually, focusing C-level attention on the need for brand protection strategies specifically crafted for the Internet. DtecNet was honored recently in Denmark by the daily finance publication Borsen with a 'Gazelle' award that recognizes the company's sustained growth. DtecNet brings expertise in pinpointing and monitoring illegal download activity on P2P networks, blogs, video streaming sites and Usenet services.
"Piracy of digital content on the Internet is a severe and growing problem," said Irfan Salim, CEO of MarkMonitor. "The acquisition of DtecNet expands the MarkMonitor brand protection arsenal, adding the industry's most comprehensive anti-piracy technology and expertise, providing a proactive approach to fighting the global problem of online piracy."
"This acquisition is a natural extension to the partnership that MarkMonitor and DtecNet have enjoyed," noted Sehested. "As one company, we will be able to offer more diverse and highly valued services to our joint customers, helping them eliminate piracy at the source while increasing their revenue and protecting their trusted brands."
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