Kudelski Group acquires media asset management provider DVnorWednesday, May 3rd, 2017
Kudelski Group acquires DVnor to extend its position in digital content management and distribution
- The provider of media asset management (MAM) services will be working closely with Conax
- DVnor will maintain brand and sales distribution channels; continued focus on serving core customer base for existing services
- Conax and DVnor will jointly work to create additional value for new pay-TV operator offerings
CHESEAUX-SUR-LAUSANNE, Switzerland, PHOENIX (AZ), USA — The Kudelski Group (SIX:KUD:S) today announced that it has completed an agreement to acquire Digital Video Norge AS (DVnor), which will be working closely with Conax.
The Oslo-based provider of media asset management services will closely collaborate 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 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.
DVnor’s core product, DVnor Organizer™, provides a highly automated all-in-one platform for metadata and digital file management, transcoding, storage, distribution and post-production services. Combining the highly efficient content workflow from the DVnor Organizer™ with benchmark content security from Conax Contego makes the Conax and DVnor market offerings immensely attractive to an enlarged set of players in the value chain.
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.”