Press release
Irdeto Adds Taiwan to its Fast Growing Asia-Pacific Operations
New office integral to strengthening company’s strength in pay-TV conditional access industry in the regionNew Delhi – 4th November, 2008 – Irdeto, a leading expert in content and business model protection solutions and services, continues to broaden its presence in the Asia-Pacific (APAC) region with the opening of a new office in Taiwan. The office joins Irdeto’s existing APAC locations in Australia, China, India, Japan, Korea, Singapore and Thailand, and brings the total number of Irdeto’s offices worldwide to 26.
Located in the Xinyi District in Taipei, the Taiwan office is responsible for developing business strategies and identifying growth opportunities in the fast growing digital, IPTV, and mobile TV markets. The local office will play an integral role in Irdeto’s strategy to strengthen its dominant position in the conditional access (CA) and Digital Rights Management (DRM) market in the region. Taiwan’s National Communications Commission (NCC) has recently announced plans for digital migration of the cable TV system by 2013. Taiwan is currently home to approximately 58 cable service operators with a combined total of nearly 4.8 million households, representing a 48% penetration rate.
Among Irdeto’s growing list of customers, is Taiwan Fixed Network (TFN) Media, an established multi-system operator and subsidiary of Taiwan Mobile, the largest private fixed and mobile networks telecommunications service provider. Irdeto’s latest digital TV solution will support TFN Media in its introduction of advanced interactive TV services, such as pay-per-view, video-on-demand and personal video recorder services, to one million subscribers by the end of 2009.
“In the past 15 months, we have added three new offices in the Asia-Pacific region, including Singapore and Tokyo, because we believe so strongly in the growth potential in the Asian pay-TV market,” stated Graham Kill, CEO of Irdeto. “The Taiwan office opening allows us the ability to not only provide our proven solutions, but to assist Taiwanese operators in maximizing their growth potential in the digital TV era by providing our expanded solution offerings.”
About Irdeto
Irdeto empowers companies to protect and monetize their digital assets and maximize return on content with innovative and reliable software technologies, end-to-end solutions and services. The company’s products include conditional access, digital rights management, business support systems, set-top box software solutions. Through group company Cloakware, it provides software and datacenter security solutions, while Entriq delivers content management and distribution solutions and services. More than 500 customers worldwide trust Irdeto to secure and enable the delivery of their valuable content across digital broadcast, IP, mobile, enterprise and government networks. Irdeto solutions currently enable simple to advanced business models on more than one billion devices and applications.
Founded in 1969, Irdeto employs over 900 people in 26 offices across the globe, including the dual corporate headquarters in Amsterdam and Beijing. The company is a subsidiary of multinational media group Naspers (JSE: NPN), which includes a wide range of pay TV, Internet, instant-messaging, technology and publishing businesses. For more information, please visit www.irdeto.com.
Atridev Misra
Mutual PR
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