Altimedia, a privately-owned South Korean media technology company founded in 1999, provides user experience and device solutions. With approximately 200 employees and a parent company in KT (Korea Telecom), Altimedia's services focus on digital transformation and video delivery for broadcasters, operators, and content providers. In 2023, the company reported revenues under $50 million.
Altimedia signed a multi-year license renewal with Adeia Inc. for access to Adeia’s media intellectual property portfolio on April 23, 2024. Altimedia, a provider of media services, uses this intellectual property in its user experience platform for pay-TV and digital media service providers in the Korean market. Separately, Altimedia was named a certified third-party lab (3PL) partner for its Widevine CAS solution, AltiProtect-WCAS. This partnership was announced, although the exact date is not specified in the provided text.
Altimedia offers 9 products in the media tech industry. Altimedia's product portfolio comprises of user experience and devices, video business systems and content security.
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Altimedia's revenues were less than $50M in 2023. Caretta Research has split Altimedia's revenue into 6 different product categories, the largest of which is cPE middleware / OS. For full access to Altimedia's revenue breakdown subscribe to Caretta Portal.
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