Samsung, Liberty Global, and another strategic investor bet on Widevine to enable next-generation digital entertainment

December 14, 2009

1 Min Read

SEATTLE -- Widevine®, a provider of digital entertainment solutions, today announced that Liberty Global (NASDAQ: LBTYA), Samsung Ventures, the venture capital arm of Samsung Group, and a third corporation have become strategic shareholders in the company. Widevine plays a central role in the delivery of video to Internet-connected retail consumer electronics and the “TV Everywhere” strategies of cable, satellite and telephone companies.

Widevine provides a software platform that optimizes the entertainment experience for content delivered over any network to any device. In addition, the platform includes the necessary digital rights management technology for content rights. The Widevine platform is utilized by the most popular Internet movie services and is natively supported in nearly all major brands and types of network connected consumer electronics including televisions, Blu-ray players, mobile devices, gaming systems and more.

“Widevine will use the additional capital to support and grow our customer base, broaden our product portfolio and defend our intellectual property,” said Widevine CEO Brian Baker. “We are thrilled with the validation of our business, technology and markets provided by these industry leaders.”

Widevine Technologies Inc.

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