Morten Solbakken, president and CEO of Conax, said his company has defied predictions by industry players to make the past year a fruitful one, in the wake of an acquisition by the Kudelski Group
“With the solid backing of the Kudelski Group, Conax is now very favourably positioned and part of a complementary constellation of companies serving the same industry,” he added.
“We are energised and stronger than ever, and have already begun tapping the unique opportunities and synergies now available to us by the Group.”
According to Solbakken, key highlights of the past year have included the signing of 15 new customer contracts in Europe, Africa, the Americas and APAC. The company also launched three new solutions, enabling what it claims are sustainable, low risk business models for secure entry to OTT, based on fresh new developments to its flagship Conax Contego unified broadcast/OTT back-end.
“With a continual commitment to product and development, over 35% of Conax’s human capital is already dedicated to R&D,” Solbakken continued. “Backed by Kudelski Group synergies, our total R&D strength is in the forefront of the content security/DRM industry. The majority of our key competitors simply do not have access to this magnitude of R&D capacity.
“Not only is Conax continuing to cultivate its portfolio of future-ready solutions and services together with a rapidly growing portfolio of open ecosystem partners over the last year, we are now starting to include cross-Kudelski Group technologies and developments,” he concluded.