Kudelski says its seeing continued momentum in patent licensing. The company has entered into a series of agreements with companies including Apple, Verizon, Hulu and Yahoo.
At the same time the Swiss company has begun legal action against a number of companies that it believes are in breach of its 5,300 strong patent portfolio.
Announcing a revenue increase of 12.3% and net profits of CHF 74.8 million from continuing operations, the technology company said it had been driven by the robust performance of its digital TV division.
Integrated Digital TV (iDTV) segment revenues increased by 10.5% in 2016, reaching CHF 730.2 million, and segment operating income increased by 19.3% to CHF 99.4 million.
New and continuing contracts have been signed with Altice USA, Canal+ and Brazil’s Sat HD.
