Civolution has sold its forensic-watermarking business, NexGuard Labs, whose technology lets content owners track pirated copies of digital content, to Switzerland-based Kudelski Group — marking Civolution's third and final divestiture. Terms of the ...and more »
Courtesy of NexGuard
Civolution has sold its forensic-watermarking business, NexGuard Labs, whose technology lets content owners track pirated copies of digital content, toÂ Switzerland-based Kudelski Group â€” marking Civolutionâ€™s third and final divestiture.
Terms of the deal were not disclosed. With the NexGuard sale, Civolution does not own any operational businesses anymore.Â The Netherlands-based holding company will continue to exist, as it owns some other assets related to its divestures.
The NexGuard sale comes after Civolution in December 2014 sold its audio-watermarking business to Kantar Media and in July 2015 sold the Teletrax television analytics business to 4C. â€œI would like to thank all Civolution staff for their hard work and dedication, and Amsterdam-based Prime Ventures for its support during this exciting journey,â€ Civolution chairmanÂ Alex TerpstraÂ said in a statement.
NexGuard Labsâ€™ video-watermarking technology is used by major Hollywood studios and TV networks, including AMC Networks. That lets content owners embed digital IDsÂ inÂ videoÂ thatÂ are undetectable byÂ viewers in order to trace the sourceÂ of pirated material.
Kudelski said NexGuardâ€™s platform will complement Kudelskiâ€™s existing watermarking technology, anyMARK, and will be available on all of Kudelskiâ€™s digital television products. NexGuard Labs is based in the Netherlands with offices in Los Angeles, New York, London, Dubai and Rennes, France.
â€œThe acquisition of NexGuard further strengthens our content-protection offering and represents a key milestone in executing our growth strategy in security,â€ said AndrÃ© Kudelski, chairman and CEO of Kudelski Group.
Civolution, based in Eindhoven, the Netherlands, was founded in 2008 as a spin-out from Royal Philips Electronics and backed from its formation by Dutch venture-capital firm Prime Ventures.
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