"Irdeto Holdings B.V., a subsidiary of multinational media group Naspers (NASDAQ: NPSN and JSE: NPN), and LockStream Corporation announced today that Irdeto Holdings, through a newly formed subsidiary, has acquired certain assets and liabilities of LockStream, a leading provider of mobile Digital Rights Management (DRM) software, based in Seattle, Washington. Terms of the transaction were not disclosed.
LockStream is a great addition to the Irdeto Access content protection portfolio for digital TV, IPTV and mobile networks. With this acquisition, Irdeto Access gains leading-edge products which are already deployed in real applications, and a top-notch team to drive us towards our objective of leading the mobile content protection market, said Graham Kill, CEO of Irdeto Access."
[Infosat]
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