Verimatrix has acquired digital video broadcast conditional access technology company Comvenient, looking to get a foot in the door with DVB broadcasters transitioning to hybrid models. Comvenient, based in Munich, Germany, has supplied advanced DVB conditional access systems to more than 100 operators since the company was formed in 2003. Terms of the deal were not disclosed.
The two companies aren't strangers. They entered a strategic relationship in 2008 and have worked together on the development of Verimartix's Video Content Authority System for DVB security solution. The new relationship provides the framework for the seamless integration and marketing of Comvenient's DVB technology and expertise within the Verimatrix multi-network solutions' architecture.
The acquisition allows Verimatrix to market an expanded range of DVB security solutions within the VCAS family with the goal of providing secure and scalable solutions for a wide range of platforms.
"We've been able to strategically blend highly complementary technologies and expertise areas," said Hubert Kukla, CEO of Comvenient, who has been appointed as EVP of Strategic Initiatives for Verimatrix. "The integration of our DVB solution within the VCAS product range has proven to be a natural fit for operators with a large scale mix of hybrid and broadcast networks. Now we can take a broader range of product options to market that address B2B and B2C requirements with a powerful, highly secure, yet cost-effective broadcast CA system."
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