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Kudelski Group completes Conax deal

Swiss digital security firm The Kudelski Group has completed its acquisition of Oslo, Norway-based rival Conax. 

Conax provides content protection for digital TV services over broadcast, broadband and connected devices.

Kudelski agreed to pay Conax’s previous owner Telenor Broadcast NOK1.509 billion (€180 million) for the conditional access unit last month.