Kudelski Group and Yahoo settle patent litigation

Cheseaux-sur-Lausanne, Switzerland, May 19, 2016 – The Kudelski Group (SIX: KUD.S) announced today that it has entered into a patent license agreement with Yahoo! Inc.  Under the agreement, the parties agreed to dismiss all pending patent litigation.  Yahoo will make a one-time up-front license fee payment to Kudelski.

 

About the Kudelski Group
The Kudelski Group is listed on the Swiss Stock Exchange (SIX:KUD:S). It is the world leader in digital security; its technologies are used in a wide range of services and applications requiring access control and rights management to secure the revenues of content owners and service providers for digital television. The Group also offers cyber security solutions and services focused on helping companies assess risks and vulnerabilities and protect their data and systems. The Kudelski Group is also a technology leader in the area of access control and management of people or vehicles to sites and events. The Kudelski Group holds over 4,700 issued and pending patents worldwide and is headquartered in Cheseaux-sur-Lausanne, Switzerland. For more information, please visit www.nagra.com.

 

Contacts:
Phil Mundwiller
Vice President
Head of Corporate Communications
+41 21 732 01 81
[email protected]

Santino Rumasuglia
Kudelski Group
Head of Investor Relations
+41 21 732 01 24
[email protected]