The Kudelski Group has completed an agreement to acquire Digital Video Norge AS (DVnor).
The Oslo-based provider of media asset management services will collaborate closely with Conax. The company provides technology and competence highly complementary to the Conax content security portfolio, further strengthening Conax’ position in the industry for media consumption.
The Kudelski Group says the acquisition will help iy to provide additional value for both existing and new customer groups in the digital media value chain. DVnor will continue to focus on serving its core customer base – broadcasters, TV content and film distributors – with a strengthened market offering and improved sales reach.
Morten Solbakken, President and CEO at Conax, commented: “We are very pleased to welcome DVnor to the Kudelski Group. DVnor’s team, solutions and geographic footprint are highly complementary to Conax’s. With the acquisition, we aim to extend the Conax and Kudelski Group footprint within the digital content value chain. With technology from Conax, DVnor and other Kudelski Group companies, like watermarking, analytics and anti-piracy services, we will better serve the value chain with crucial services to enable and secure the future media and entertainment industry.”