SCM Microsystems has completed the sale of its Digital TV solutions business to Kudelski for total consideration of $11 million.

publicité

Under the terms of the transaction, SCM has sold to Kudelski substantially all of the assets that relate to its Digital TV solutions business, including its office building in France, certain inventory, contracts, trademarks and intellectual property. In addition, approximately 40 employees in Europe and Asia have joined Kudelski. The Kudelski Group (www.nagra.com) is a world leader in digital security. The Group is headquartered in Cheseaux-sur- Lausanne, Switzerland.