Verimatrix Acquires Germany’s Comvenient

4/12/11Follow @bvbigelow

San Diego-based Verimatrix, a venture-backed company that provides software-based content security technologies in pay-TV networks for telecommunication providers, has acquired Comvenient, a longtime German partner, according to The San Diego Union-Tribune. Financial terms were not disclosed. Both companies provide security for Internet protocol TV. Verimatrix investors include Mission Ventures, Sun America Ventures, JK&B Capital, Cipio Partners, Crescendo Ventures, and Goldman Sachs.

Bruce V. Bigelow is the editor of Xconomy San Diego. You can e-mail him at bbigelow@xconomy.com or call (619) 669-8788 Follow @bvbigelow

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