EchoStar is to become a shareholder in SmarDTV, the conditional access module subsidiary of Kudelski and will merge its European operations with the unit. EchoStar’s operations in Steeton, UK and Madrid, Spain will be transferred to SmarDTV.
According to the pair, the move will enable SmarDTV to deliver a broad portfolio of world-class, feature-rich consumer devices to the TV broadcasting and broadband markets, including gateways, set-top boxes and conditional access modules, combined with best-of-breed Kudelski technologies for security, middleware and user experience.
“Partnering with Kudelski will allow both companies to expand our global reach and open up new business opportunities,” said Mark Jackson, president of EchoStar Technologies. “The EchoStar brand will further develop its strong global presence, expanding our video and broadcast solutions with new international initiatives.”
“The Kudelski Group and EchoStar have been partners for almost a quarter-century, and we have a proven track record of successfully combining our activities through collaborative joint ventures,” said André Kudelski, chairman and CEO of the Kudelski Group. “By joining forces at SmarDTV, our goal is to leverage the strengths of both companies and to further expand our partnership by providing premier solutions to the market.”