MUMBAI: US firm OpenTV which offer enabling applied sciences for superior digital tv providers has introduced that the Kudelski Group which works in the realm of content material safety and associated digitaltelevision applied sciences, has signed a inventory buy settlement with Liberty Media to purchase voting management of OpenTV.
The transaction aligns two world digital tv technology corporations who, collectively, shall be ready to ship totally built-in merchandise andsolutions to the world’s digital TV operators, spanning conditional entry software program, middleware, interactive functions, and promoting. At the identical time, the transaction allows each corporations to proceed operatingindependently, supporting efforts to serve some clients on a standalone foundation as their necessities dictate.
The Kudelski Group corporations, with consolidated 2005 revenues of roughly $550 million, embody primarily:– Nagravision, a worldwide chief in built-in safety software program options for digital tv — Nagra France, NagraStar, Nagra Plus, NagraCard and NagraID– Abilis, Quative, and SmarDTV creating new applied sciences in cell, IPTV and security– SkiData specialising in public accessOpenTV has traditionally labored intently with the Kudelski Group to ship varied digital tv providers, together with PVR, VOD and different on-demand providers, EPG and content material syndication for on-demand providers,interactive functions, and enabling applied sciences for enhanced and interactive promoting.
OpenTV chairman and CEO Jim Chiddix says, “Aligning ourselves with a worldwide chief in the digital tv sector like Kudelski will assist us instantly lengthen our product lineupinto new markets and provides us entry to clients we have not had relationships with earlier than. It may even open up new alternatives that we might not in any other case have had the technical or associated assets to handle inthe close to time period.
“We suppose this deal affords us a myriad of recent alternatives to bundle options, promote merchandise into Kudelski’s present buyer base, save prices by means of varied integration and joint R&D efforts, and collaborate extra successfully in a number of early stage sectors, such because the digital terrestrial market.
“And, simply as importantly, we anticipate to try this whereas retaining the requisite diploma of independence crucial to fulfill the wants of all of our present and potential clients and companions, with a continued deal with maximising worth for all OpenTV stockholders.”
Kudelski Group chairman and CEO Andre Kudelski says, “OpenTV’s software program has established the worldwide benchmark for set-top field middleware. We additionally imagine it’s a firm with nice potential and verytalented folks, a gold-plated buyer checklist, and market-leading applied sciences that may provide each OpenTV and the Kudelski Group, workingside by aspect, actual progress alternatives.
“This transaction was pushed, in massive half, byrecognition of OpenTV’s management place in superior digital tv and our need to work extra intently with OpenTV to seize extra market share in the quickly consolidating digital tv {industry}. Withdigital tv households anticipated to double by 2010, with the panorama for tv promoting altering each day, and with the mobileand on-line video sectors now shortly evolving, we see OpenTV as extraordinarily well-positioned to exploit these alternatives — much more so given the complementary nature of our product choices.”
Liberty Media senior VP Michael Zeisser says “Over the previous 4 years, by means of its controlling place in OpenTV, Liberty has helped form an industry-leading participant in digital tv. OpenTV has a powerful administration crew, clients, and momentum. As it embarks on its subsequent stage of progress Kudelski shall be a formidable strategic companion.”
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