ContentGuard, a provider of digital rights management (DRM) technology, has announced that Time Warner Inc. has become a strategic investor, joining existing long-term strategic investor Microsoft Corp., which has increased its investment. Time Warner, Microsoft, and ContentGuard purchased substantially all of the ownership held by Xerox Corporation, which was the source of ContentGuard's original technology. Xerox will retain a small equity interest in the company. Working in equal collaboration, Time Warner and Microsoft expect to closely work with ContentGuard to further develop ContentGuard's portfolio of intellectual property and promote continued development and innovation in the areas of digital distribution and DRM.
(http://www.contentguard.com), (http://www.microsoft.com), (http://www.timewarner.com)