NAGRA-Kudelski, also known as Nagravision or Nagra, is a privately owned company headquartered in Switzerland, functioning as a subsidiary of Kudelski Group. Founded in 1989, it employs approximately 1350 individuals and reported $229.0M in revenue as of 2025. It is also a tier 2 media tech buyer. The company specializes in content security solutions. Functioning as the digital TV division of the Kudelski Group, it provides security and multiscreen user experience solutions for the monetization of digital media.

2025 Revenue

Founded

1989

Headcount

1,343

Headquarters

Switzerland

Primary Segment

Content security

Ownership

Privately Owned

Deployments

160

News Summary:

On July 23, 2026, Laura Rognoni, in a company blog, explored a shift in sports economics, moving from monetizing peak broadcast audiences to developing continuous participation-driven engagement and revenue models for grassroots communities, citing the launch of Play Snooker. Previously, on June 24, 2026, NAGRAVISION, a Kudelski Group company, introduced NAGRA Venturi, an AI-driven streaming security offering. This intelligence-led solution helps service providers and rights holders detect threats, combat piracy, and protect revenue by combining streaming security tools into a single model that aggregates and analyzes data across the streaming ecosystem to provide a real-time view of piracy activity.

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NAGRA-Kudelski offers 18 products in the telecoms tech, enterprise tech, pro AV and media tech industries. NAGRA-Kudelski's product portfolio comprises of broadband and VAS software, conferencing, enterprise security, video business systems, sports tech, user experience and devices and content security.
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NAGRA-Kudelski's revenues were less than $500M in 2025. Caretta Research has split NAGRA-Kudelski's revenue into 13 different product categories, the largest of which is conditional access systems (CAS). For full access to NAGRA-Kudelski's revenue breakdown subscribe to Caretta Portal.
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NAGRA-Kudelski's customers primarily consist of telecoms companies. Examples of NAGRA-Kudelski's customers include Vivo (Telefonica Brasil), Vodafone and Telefonica. NAGRA-Kudelski has commercial and technical partners like Liberty Global, Samsung Device eXperience and Amazon Web Services (AWS). NAGRA-Kudelski has suppliers like Optiva Media.

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