Conax
Conax AS, founded in 1994 in Oslo, Norway, supplies conditional access and content security solutions for satellite, cable, terrestrial, MMDS, and IPTV networks, operating as part of NAGRAVISION within Kudelski Group to serve over 500 operators globally.
- Company typePrivate
- Founded1994
- HeadquartersOslo, Norway
- Headcount51–100
- GTM typeB2B
- OfferingSoftware
What Conax does
Conax AS, founded in 1994 and headquartered in Oslo, Norway, supplies conditional access and content security solutions for major satellite, cable, terrestrial, MMDS, and IPTV networks. The company operates as part of NAGRAVISION, the media and entertainment technology division of Kudelski Group (SIX:KUD.S), serving more than 500 operators worldwide. Its portfolio spans broadcast security (smart card and cardless conditional access), AI-powered streaming security (NAGRA Venturi), forensic watermarking (NAGRA NexGuard), anti-piracy intelligence and IP-blocking services, direct-to-TV solutions (TVkey Cloud, NAGRA Bridge, CAMs), subscriber analytics with digital-twin smart pricing (NAGRA Insight), the OpenTV ENTera streaming platform, and the NAGRA Sport platform for sports content distribution. Underlying technology is built on three decades of cryptographic and hardware security R&D, increasingly augmented with AI-led anomaly detection and predictive analytics modules.
Revenue is generated primarily through enterprise subscription licensing on annual quote-based contracts, supplemented by technology partnerships and a channel reseller program. Go-to-market relies on direct enterprise field sales targeting pay-TV operators, streaming providers, broadcasters, and sports content owners, supported by technology integrations (notably with Harmonic) and presence at industry events such as IBC. Customer base spans primary segments in pay-TV operators and streaming service providers, with secondary verticals in sports content owners (e.g., WPBSA, Eurovision Sport, beIN Sports) and consumer cybersecurity (NAGRA Scout). The firmographic headcount of 51-100 employees reflects the Conax AS entity specifically, while the broader NAGRAVISION product surface and Kudelski Group resources provide the operating scale behind it.
Conax firmographics
Firmographics- Name
- Conax
- Legal name
- NAGRAVISION S.à.r.l
- Website
- https://conax.com
- Company type
- Private
- Founded year
- 1994
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Short description
- Conax AS, founded in 1994 in Oslo, Norway, supplies conditional access and content security solutions for satellite, cable, terrestrial, MMDS, and IPTV networks, operating as part of NAGRAVISION within Kudelski Group to serve over 500 operators globally.
- Ownership category
- akta.pro rank
Conax industry classification
Industry- Product category
- Pay-TV Content Protection
- NAICS
- Satellite Telecommunications (517410)
- SIC
- Radio & Tv Broadcasting & Communications Equipment (3663)
- akta.pro primary industry
- Pay-TV Content Aggregation, Packaging & Carriage (Bouquets/EPG) (MPABAGAK)
Keywords
Where Conax is headquartered
LocationHeadquarters
- HQ city
- Oslo
- HQ country
- Norway
- HQ region
- Europe
Offices1 record
Markets served
Conax business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Technology or R&D, Personnel, Operations, Marketing or Sales, Infrastructure
Revenue model
- Security Solutions Licensing: NAGRAVISION generates revenue through licensing its security technology to pay-TV operators and streaming service providers. This includes streaming security (NAGRA Venturi), broadcast security (smart card and cardless solutions), forensic watermarking, and anti-piracy services.
- Streaming Platform Solutions: Revenue from OpenTV ENTera streaming platform solutions and related services for broadcasters and operators looking to become digital entertainment hubs.
- Subscriber Analytics and Loyalty: Revenue from NAGRA Insight analytics platform, smart pricing tools, and subscriber loyalty solutions that help operators reduce churn and optimize revenue.
- Cybersecurity Services: Consumer and enterprise cybersecurity solutions (NAGRA Scout) providing protection for connected devices and networks.
- Sports Streaming Platform: NAGRA Sport platform services for sports content owners enabling direct-to-consumer and hybrid broadcast reach.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Annual | Enterprise licensing model for operators |
Go-to-market motion1 record
Distribution channels3 records
Marketing channels5 records
Conax product offering
Product offeringCore offering
Conax AS supplies conditional access solutions for major satellite, cable, terrestrial, MMDS, and IPTV networks. As part of the NAGRAVISION division of Kudelski Group, Conax delivers broadcast and streaming security, forensic watermarking, anti-piracy services, and subscriber analytics to pay-TV operators and content owners.
Product overview
Conax operates as part of NAGRAVISION, offering a platform-plus-modules architecture for media and entertainment technology. The portfolio centers on security solutions (including NAGRA Venturi for AI-powered streaming security, Broadcast Security with smart card and cardless solutions, and Comprehensive Cybersecurity) and streaming solutions (including OpenTV ENTera for digital entertainment hubs and NAGRA Sport for sports streaming). Additional modules include subscriber loyalty tools (NAGRA Insight Smart Pricing with AI-powered analytics and the Negotiation Agent), forensic watermarking (NAGRA NexGuard), anti-piracy services, and consumer cybersecurity (NAGRA Scout). The platform leverages over 30 years of experience serving over 500 operators worldwide to protect content assets and enable digital engagement.
Differentiator
Problem solved
Functional benefit
Brands
- NAGRA Venturi: Intelligence-Led Streaming Security for the AI Era
- NAGRA Scout
- NAGRA NexGuard
- NAGRA Bridge
- OpenTV ENTera
- NAGRA Sport
- NAGRA Insight
- TVkey Cloud
- Kudelski Labs
Products and services
- Conditional Access Solutions
Quantifiable outcome
- Over 500 operators worldwide rely on NAGRAVISION solutions for content protection and subscriber management
Companies that use Conax
Customer profileNamed customers2 records
Segments4 records
Ideal customer profiles1 record
Conax technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
AI capability3 records
Feature9 records
Conax partnerships and signals
Strategic signalPartnerships
Six partnerships are on record, tiered core, flagship and minor.
- HarmoniccoreNAGRAVISION and Harmonic extended their partnership with the launch of scalable watermarking-as-a-service for live events. This partnership enables joint customers to deploy forensic watermarking capabilities integrated with Harmonic's video delivery infrastructure for live sports and events streaming.
- World Professional Billiards and Snooker Association (WPBSA)flagshipNAGRAVISION launched a new Player and Community Platform in partnership with the WPBSA. This sports streaming platform enables fan engagement, player community features, and direct-to-consumer content delivery for professional billiards and snooker.
- Kudelski GroupflagshipNAGRAVISION is the media and entertainment technology division of the Kudelski Group (SIX:KUD.S), a Swiss-based company specializing in digital security and media technology solutions.
- Eurovision SportcoreCase study partner utilizing NAGRA Sport platform for hybrid direct-to-consumer and broadcast reach. Eurovision Sport leverages the platform to distribute sports content via multiple channels including D2C streaming and traditional broadcast.
- beIN SportscoreCase study customer using NAGRA forensic watermarking and anti-piracy services to target pay-TV and streaming piracy in the MENA (Middle East and North Africa) region.
- Kudelski LabsminorKudelski Labs is an emerging technologies initiative under Kudelski Group that explores new technology areas including IoT and cybersecurity research, separate from NAGRAVISION's core media entertainment business.
Scale indicators3 records
Recent moves6 records
Expansion highlights5 records
Conax competitors and assessment
Company assessmentDirect peers
- Irdeto: Direct competitor providing CA/DRM and content security for pay-TV operators, OTT platforms, and connected industries; long-standing rival with comparable multi-network coverage (satellite, cable, IPTV).
- Synamedia: Direct competitor offering content security (VideoGuard), video platforms, and anti-piracy solutions to pay-TV and streaming operators globally, and a leading alternative for Conax in large operator RFx processes.
- Verimatrix: Direct competitor in conditional access and DRM for pay-TV operators, video streaming providers, and connected environments; competes head-to-head for the same operator renewals as Conax.
- NAGRAVISION: Sibling division within the Kudelski Group providing streaming/broadcast security, anti-piracy, forensic watermarking, and subscriber analytics. Most directly comparable as a pay-TV and streaming content security vendor; Conax sits within the same corporate group.
Emerging players
- Ateme: Provider of video compression and delivery solutions to broadcasters and operators; comparable as an ecosystem player in pay-TV/streaming infrastructure rather than a CA competitor.
- Widevine (Google): Dominant software/cloud-based DRM widely embedded across streaming platforms; represents the substitute technology Conax must compete against as the industry shifts from hardware CA to cloud DRM.
- BuyDRM: Multi-DRM service provider serving streaming and pay-TV customers; comparable as a smaller specialist DRM vendor competing for the same cloud-DRM opportunities Conax targets.
- Friend MTS: Specialist in content security and anti-piracy, particularly sports broadcast watermarking and monitoring; direct overlap with Conax's forensic watermarking and anti-piracy services for sports content owners.
Broad incumbents
- MediaKind (Ericsson): Broader media delivery and content security incumbent serving pay-TV operators and broadcasters; competes in adjacent video platform and workflow categories rather than pure-play CA.
Others
- Harmonic: Technology partner and video infrastructure vendor integrating Conax/parent-group forensic watermarking as-a-service; comparable as a partner in the same operator value chain rather than a direct CA rival.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat6 records
Key highlights6 records
Customer concentration
Conax social profiles
Digital presenceConax financial estimates
Financial estimateRevenue estimate
Valuation estimate
Conax leadership team
Management profileNumber of profiles
Profiles5 records
Conax funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Conax M&A and investment
M&A and investmentM&A1 record
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Conax
What does Conax do?
Conax AS supplies conditional access solutions for major satellite, cable, terrestrial, MMDS, and IPTV networks. As part of the NAGRAVISION division of Kudelski Group, Conax delivers broadcast and streaming security, forensic watermarking, anti-piracy services, and subscriber analytics to pay-TV operators and content owners.
Is Conax a public or private company?
Conax is a private company. It is classified as corporate owned and is currently operating.
When was Conax founded?
Conax was founded in 1994. It employs 51 to 100 people.
Where is Conax based?
Conax is headquartered in Oslo, Norway, in the Europe region.
How does Conax make money?
Five revenue lines are on record. Security Solutions Licensing is the primary driver. The others are streaming Platform Solutions, subscriber Analytics and Loyalty, cybersecurity Services and sports Streaming Platform.
Who are Conax's main competitors?
Direct peers on record are Irdeto, Synamedia, Verimatrix and NAGRAVISION. Emerging players are Ateme, Widevine (Google), BuyDRM and Friend MTS. MediaKind (Ericsson) is listed as a broad incumbent. Harmonic is listed as an others.
Does Conax have an API?
No public API is recorded for Conax.
What industry is Conax in?
Conax's product category is Pay-TV Content Protection. Its primary akta.pro industry code is MPABAGAK, Pay-TV Content Aggregation, Packaging & Carriage (Bouquets/EPG). Its NAICS code is 517410 and its SIC code is 3663.