NAGRA-Kudelski, also known as Nagravision and Nagra, is a privately owned entity headquartered in Switzerland and a division of the Kudelski Group. Founded in 1989, the company employs approximately 1310 individuals and reported $227.8M in revenue as of 2024. It operates as a tier 1 media tech buyer. Functioning as the digital TV division of its parent group, NAGRA-Kudelski specializes in content security, delivering security and multiscreen user experience solutions designed for the monetization of digital media.

2024 Revenue

Founded

1989

Headcount

1,304

Headquarters

Switzerland

Primary Segment

Content security

Ownership

Privately Owned

Deployments

159

News Summary:

On March 17, 2026, NAGRAVISION hosted a panel on content discovery and the value of the user interface at the Connected TV World Summit in London. Earlier, on March 10, NAGRAVISION announced it would host an exclusive, invitation-only session in collaboration with Harmonic as part of Harmonic Media Day India. This followed the March 9 news that Kudelski Labs integrated its Security IP with Axelera AI’s Europa chip, a power-efficient inference processor, to deliver a secure, high-performance solution for edge AI deployments. Previously, on March 4, Kudelski Labs addressed device lifecycle security, edge AI, and post-quantum cryptography at Embedded World 2026.

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NAGRA-Kudelski offers 15 products in the telecoms tech, enterprise tech and media tech industries. NAGRA-Kudelski's product portfolio comprises of broadband and VAS software, content security, video business systems, enterprise security, conferencing, ecommerce and customer journey technology and user experience and devices.
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NAGRA-Kudelski's revenues were less than $500M in 2024. Caretta Research has split NAGRA-Kudelski's revenue into 11 different product categories, the largest of which is conditional access systems (CAS). For full access to NAGRA-Kudelski's revenue breakdown subscribe to Caretta Portal.
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NAGRA-Kudelski's customers primarily consist of telecoms companies. Examples of NAGRA-Kudelski's customers include Vodafone, Telefonica and Vivo. NAGRA-Kudelski has commercial and technical partners like Samsung Device eXperience, Amazon Web Services (AWS) and Liberty Global. NAGRA-Kudelski has suppliers like Optiva Media.

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