White Pine Takes Ownership of CU-SeeMe
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Multimedia firm White Pine Software Inc. Wednesday signed an agreement to acquire complete ownership of the trademark, source code and all intellectual property rights to the CU-SeeMe and MeetingPoint technologies.
Cornell University created the video conferencing technologies in 1993 and White Pine has been exclusively licensed to commercially develop them. Financial specifics were not disclosed.
"We're committed to growing and nurturing the CU-SeeMe community, and owning our own key technology is a major strategic focus for us as we continue to develop cutting edge conferencing solutions for the business, education and consumer markets," said Killko Caballero, president of White Pine Software.
"As Internet communication has grown, CU-SeeMe has been the icon for Internet video chat and has developed a very strong and loyal user community," said Richard Cahoon, vice president of Cornell Research Foundation and associate director of the Office of Patents and Technology Marketing for Cornell University.