Redge Technologies has acquired a controlling stake in watermarking solutions firm Vestigit.
Warsaw-based Redge purchased the shares in the company from its founder and the RKKVC fund.
It now intends to integrate Vestigit’s advanced AI-based content watermarking solutions into the Redge Media platform.
Redge Technologies has gained recognition for its “Beyond DRM” approach, which encompasses a multi-DRM solution, session management module, DRM as a service, and upcoming ML-based anomaly detection.
“The piracy problem plaguing streaming services continues to escalate, with projections of a cumulative loss of $113 billion by 2027. This significant financial impact underscores the critical need for effective measures to combat piracy and protect the revenue streams of content creators and distributors,” said Przemyslaw Frasunek, CEO, Redge Technologies. “This is why Redge Technologies invests in Beyond-DRM solutions such as Vestigit, which provides a robust and comprehensive security solution for online content owners, including sports and live event streaming”.
Redge made its initial investment in Vestigit in July 2021 and has subsequently increased its holding.
