Mergers/Acquisitions News

Verimatrix acquires Akamai Identity Services

Verimatrix, a specialist in securing and enhancing revenue for network-connected devices and services, has announced the acquisition of the assets that comprise the Akamai Identity Services (AIS) product from Akamai, the platform for securing and delivering digital experiences.

Commenting on the acquisition, Mike Kleiman, COO, Verimatrix, said: “This acquisition fits perfectly with our roadmap to streamline content workflows via cloud-based technologies to connect global consumers with great content. We are able to extend the value of these global identity services under our solution umbrella and provide a more flexible, yet standards-based alternative that will improve the experience for consumers and open new markets for content providers and programmers.”

AIS enables content providers and video service operators to bring authenticated TVE services to market by providing a common framework for implementing and scaling proprietary provider-operator relationships. Verimatrix will offer the enhanced and rebranded authentication services as an integrated component of the Verimatrix Content Authority System (VCAS) and Viewthority, the newly-launched connected content distribution platform, as well as a standalone solution in order to best match content providers’ needs.

Elaborating on the partnership, Campbell Foster, Vice President of Media Industry and Product Marketing, Akamai, said: “As a long-standing partner, we know that Verimatrix will be able to enrich the AIS core technology and help content providers take TV Everywhere to the next level. This is a natural extension to Verimatrix’s value proposition of securing and enhancing revenue by supporting new ways to monetise content.”

Verimatrix now has access to the 300+ existing global operator integrations for AIS, which features identity standards support for new integrations, e.g. SAML and OAUTH. The solution features flexible fraud protections to meet contractual obligations, prevent credential sharing, and mitigate password sharing, plus self-service configuration tools for operators for a custom subscriber experience, the release stated.