Kudelski Group and Apple settle patent litigation
Cheseaux-sur-Lausanne, Switzerland and Phoenix, AZ, August 2, 2016 – The Kudelski Group (SIX: KUD.S) announced today that it has entered into a comprehensive patent license agreement with Apple Inc. Under the agreement, the parties agreed to dismiss all pending patent litigation. Financial terms were not disclosed.
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 4,900 issued and pending patents worldwide and is headquartered in Cheseaux-sur-Lausanne, Switzerland and Phoenix, AZ. For more information, please visit www.nagra.com.
Contacts:
Jacques-Edouard Guillemot
Kudelski Group
Senior Vice President – Executive affairs
+41 21 732 01 81
+1 (415) 962 5005
[email protected]
Santino Rumasuglia
Kudelski Group
Vice President - Head of Investor Relations
+41 21 732 01 24
[email protected]