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TMCNet:  Verimatrix Expands European Footprint With Paris-Based Development Center

[February 13, 2013]

Verimatrix Expands European Footprint With Paris-Based Development Center

SAN DIEGO, CA, Feb 13, 2013 (MARKETWIRE via COMTEX) -- Verimatrix, the specialist in securing and enhancing revenue for multi-network, multi-screen digital TV services around the globe, announced today that it has established a development center focused on R&D and product engineering efforts based in Paris, France. The expanded software and security engineering team will aid in the advancement of the Verimatrix Video Content Authority System (VCAS(TM)) suite of revenue security solutions to meet the evolving needs of today's pay-TV operators.

"Never before have the technology and the business models been changing so rapidly for conditional access and DRM solutions. In order to stay ahead of the market and anticipate our customers' needs, we have significantly expanded our R&D team in Europe with a team of technologists who have deep experience in the latest cardless security and hybrid network deployments," said Tom Munro, CEO of Verimatrix. "We are excited to be able to effectively grow our development teams to support our global customer base." Verimatrix is based in San Diego, California, with European headquarters in Munich, Germany and Asian headquarters in Singapore.

The company has deployed revenue security solutions for more than 600 operators in over 90 countries, including 60 tier 1 and 2 operators, which represents more than 26 million screens and $6 billion revenue protected across IPTV, DVB and OTT devices. With an international network of more than 110 channel and integration partners, Verimatrix has built one of the most extensive partner ecosystems in the industry.

About Verimatrix Verimatrix specializes in securing and enhancing revenue for multi-network, multi-screen digital TV services around the globe. The award-winning and independently audited Verimatrix Video Content Authority System (VCAS(TM)) and ViewRight(R) solutions enable cable, satellite, terrestrial, IPTV and OTT operators to cost-effectively extend their networks and enable new business models. As the established leader in cardless security solutions, the company has leveraged its innovative 3-Dimensional Security approach to provide harmonized rights for premium content delivery to a range of devices over new hybrid network combinations.

Maintaining close relationships with major studios, broadcasters, standards organizations and its unmatched partner ecosystem enables Verimatrix to provide a unique perspective on video business issues beyond content security as operators introduce new services to take advantage of the proliferation of connected devices. Verimatrix is an ISO 9001:2008 certified company. For more information, please visit www.verimatrix.com, our Pay TV Views blog and follow us at @verimatrixinc, Facebook and LinkedIn to join the conversation.

SOURCE: Verimatrix

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