CHESEAUX-SUR-LAUSANNE/PHOENIX – The Kudelski Group, global leader in digital security, and Neotion, leading provider of secure pay-TV solutions, 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.   Upfront cash consideration for the transaction amounts to USD 20 million, subject to customary closing adjustments, with the potential for additional … [Read more...] about Kudelski transfers SmarDTV’s device business to Neotion affiliate