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Kudelski assumes control of OpenTV

Wed, 01/17/2007 - 5:45am
Jeff Baumgartner, CED

Kudelski Group has closed an earlier announced deal to acquire a controlling interest in OpenTV Corp., giving Kudelski the ability to compete on more fronts with rival NDS Group.

Although voting control of OpenTV has moved from Liberty Media Corp. to Kudelski, OpenTV will continue to be listed on the NASDAQ.

Additionally, Kudelski and OpenTV will continue to operate independently.

OpenTV's primary focus is set-top middleware and applications, including advanced advertising, while Kudelski's sweet spot is content protection and digital rights management technologies. Nagravision, a division of Kudelski, is a leading supplier of conditional access systems.

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