Kudelski Group has completed an agreement to acquire the Norwegian company Digital Video Norge (DVNor).
An Oslo-based provider of media asset management services, DVNor will collaborate closely with Conax. It provides technology and competence highly complementary to the Conax content security portfolio, further strengthening Conax’ position in the industry for media consumption.
The acquisition will enable the Kudelski Group 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.
Commenting on the acquisition, Morten Solbakken, president and CEO, Conax, “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.”