NAGRA-Kudelski
NAGRA-Kudelski, also known as Nagravision or Nagra, is a privately owned Swiss company founded in 1989. A division of the Kudelski Group, it employs approximately 1310 people and generated roughly $250 million in revenue in 2024. Its primary business is providing content security and multiscreen user experience solutions for the digital media industry, enabling the monetization of digital content.

2024 Revenue

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Founded

1989

Headcount

1,304

Headquarters

Switzerland

Primary Segment

Content security

Ownership

Privately Owned

Deployments

158

News Summary:

Nagravision and MediaTek announced a partnership to launch a next-generation digital rights management (DRM) solution on September 12, 2025. This collaboration focuses on creating an on-device security solution offering renewable content protection and eliminating factory-level credential management risks. The partnership aims to improve DRM robustness and protection for digital entertainment, particularly for streaming services and live sports. The new DRM system uses a hardware-based security solution, reducing reliance on Trusted Execution Environments and enabling dynamic credential management by service providers. The companies intend to set a new standard in next-generation DRM through this on-device protection model, which allows for secure provisioning and renewal of credentials in the field.

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NAGRA-Kudelski offers 15 products in the enterprise tech, media tech and telecoms tech industries. NAGRA-Kudelski's product portfolio comprises of content security, conferencing, ecommerce and customer journey technology, video business systems, enterprise security, user experience and devices and broadband and VAS software.
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NAGRA-Kudelski's revenues were less than $500M in 2024. Caretta Research has split NAGRA-Kudelski's revenue into 11 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 and telecoms services companies. Examples of NAGRA-Kudelski's customers include Telefonica, Vodafone and Vivo. NAGRA-Kudelski has commercial and technical partners like Liberty Global, Amazon Web Services (AWS) and Samsung Device eXperience. NAGRA-Kudelski has suppliers like Optiva Media.

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