NetRatings, Inc. and Jupiter Media Metrix, Inc. have settled Jupiter Media Metrix's pending patent infringement lawsuit against NetRatings. Under the terms of the settlement, NetRatings has acquired
JMM's patents for computer use tracking for $15 million and granted JMM a non-exclusive, assignable license to use the patented technology in its U.S. internet audience measurement business until June
30, 2005. According to the license agreement, JMM will pay $5 million to NetRatings in installments. In a separate transaction, NetRatings today acquired JMM's contracts for European Internet audience
measurement and certain related assets for $2 million in cash.
