Kudelski Group Agrees to a Patent Cross License With AT&T

CHESEAUX-SUR-LAUSANNA, Switzerland & PHEONIX -- The Kudelski Group (SIX: KUD.S), the world leader in digital security, today announced a patent cross license agreement with AT&T, one of the world’s leading providers of premium TV entertainment.

The comprehensive agreement provides AT&T worldwide access to Kudelski Group’s world class patent portfolio that covers fundamental aspects of end-to-end video distribution.

“We are extremely pleased to enter into this agreement with AT&T” said André Kudelski, Kudelski Group Chairman and CEO. “This further validates the strong relevance of our patent portfolio to satellite, cable, and OTT video distribution.”

Financial terms of the agreement were not disclosed.

Kudelski Group