Upfront cash consideration for the transaction amounts to USD 20 million, subject to customary closing adjustments, with the potential for additional earn-out payments that are primarily based on CAM and set-top box sales volumes in the period up to the end of 2021. PDF // EN / FR / DE / IT Kudelski Group transfers SmarDTV´s businesses to Neotion affiliateĬheseaux-sur-Lausanne, Switzerland, and Phoenix (AZ), USA, August 14th, 2018 – The Kudelski Group (SIX: KUD.S), the world leader in digital security, and Neotion, a leading provider of secure solutions for the pay-TV industry, have announced today that they have reached an agreement whereby SmarDTV’s Conditional Access Module (CAM) and Set-Top Box businesses are transferred to SmarDTV Global, a newly set up entity affiliated with Neotion.
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