NAGRA-Kudelski, also known as Nagravision or Nagra, is a privately owned company headquartered in Switzerland, functioning as a subsidiary of Kudelski Group. Founded in 1989, it employs approximately 1350 individuals and reported $229.0M in revenue as of 2025. It is also a tier 2 media tech buyer. The company specializes in content security solutions. Functioning as the digital TV division of the Kudelski Group, it provides security and multiscreen user experience solutions for the monetization of digital media.

2025 Revenue

Founded

1989

Headcount

1,306

Headquarters

Switzerland

Primary Segment

Content security

Ownership

Privately Owned

Deployments

163

News Summary:

On September 12, NAGRAVISION deployed its Venturi solution, combining real-time anti-piracy monitoring and network-level watermarking, to secure Formula 1 content for RTL Croatia and PRO PLUS Slovenia. Previously, on September 11, NAGRAVISION partnered with U.S.-based Plume to enhance cybersecurity in the connected home for 30 million subscribers worldwide, integrating NAGRA Scout Threat Intelligence into Plume’s AI-powered subscriber experience platform for internet service providers. Also on September 11, the company formalized a collaboration with MediaTek to embed a secure digital rights management (DRM) element into all future MediaTek TV system-on-chip (SoC) products, expanding the market for NAGRAVISION's hardware-based security following discussions from 2025. Earlier, on September 10, NAGRAVISION launched NAGRA Venturi Agentic AI, integrating it with Microsoft Azure to give Azure customers greater visibility into piracy activity and help prioritize actions against sophisticated streaming piracy threats.

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NAGRA-Kudelski offers 19 products in the media tech, enterprise tech, pro AV and telecoms tech industries. NAGRA-Kudelski's product portfolio comprises of enterprise security, sports tech, conferencing systems and UC, content security, broadband and VAS software, user experience and devices and video business systems.
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NAGRA-Kudelski's revenues were less than $500M in 2025. Caretta Research has split NAGRA-Kudelski's revenue into 13 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 Telefonica, Vivo (Telefonica Brasil) and Vodafone. NAGRA-Kudelski has commercial and technical partners like Samsung Device eXperience, Liberty Global and Amazon Web Services (AWS). NAGRA-Kudelski has suppliers like Optiva Media.

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