Digital TV content security firm Inside Secure has officially changed its name to Verimatrix and is trading on the Euronext Paris exchange under the ticker symbol “VMX”.
Inside Secure completed the acquisition of Verimatrix in March for $143 million (€126 million).
The new identity combines the Verimatrix name with the Inside Secure logo and tagline, “Driving trust.”
Amedeo D’Angelo, chairman and CEO of Verimatrix said: “Today’s ubiquitous connectivity is prompting previously unrelated industries to work together. For instance, car manufacturers feature Android-based systems that need protection and appliances connect to a cloud service that requires secure network protocols. This industry fusion demands the security expertise and solution portfolio that span multiple industries, and this is exactly what the combined assets of the new company brings to the market.”
Verimatrix employs more than 400 employees across 18 offices in 12 countries.
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