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Username: Proposal Team
Date/Time: Sun, November 5, 2000 at 11:31 PM GMT
Browser: Microsoft Internet Explorer V5.0 using Windows 98
Score: 5
Subject: Sarnoff and SRI operate as independent entities

Message:
 

 
       
      Though Sarnoff is a wholly owned subsidiary of SRI, they operate as two individual & independent entities and have business relationships at arms length. 

Sarnoff and SRI have two different Board of Directors and SRI does not have majority Board seats in Sarnoff’s Board.
Corporate structure is different: Sarnoff is a for-profit organization and SRI is for non-profit.
Treasury functions are separate
Taxes are filed separately
Each owns its respective intellectual properties
They often compete for businesses in normal business operations.

Clarification provided by Sarnoff and NextDNS

 


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