Summary:

Conditional access (CA) and TV/mobile DRM company Irdeto Access has bought out CryptoTec, the CA division of Philips Electronics. Financial…

Conditional access (CA) and TV/mobile DRM company Irdeto Access has bought out CryptoTec, the CA division of Philips Electronics. Financial terms were not disclosed, but Irdeto, a security firm based in The Netherlands, said it will assume the operations of the Philips unit, maker of the CryptoWorks smartcard and other content protection systems for cable, satellite, terrestrial and IPTV platforms. That will fit into Irdeto’s line of CA products, which include smartcards and software-based CA systems for traditional and mobile TV services.

More details in the release.

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