Verimatrix (ISDCF)

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European telecommunications provider chooses Verimatrix VCAS.

source
https://www.businesswire.com/news/home/20210429006224/de/

April 29, 2021 07:39 PM Eastern Daylight Time

Proximus Luxembourg: Verimatrix creates the trust necessary for business growth

AIX-EN-PROVENCE, France and SAN DIEGO, U.S. - ( BUSINESS WIRE ) - Verimatrix,
https://www.verimatrix.com/
(Paris: VMX) (Euronext Paris: VMX), a leading provider of customer-centric security solutions for the modern connected world, announced today given that Proximus Luxembourg
https://www.proximus.lu/en/
has implemented the Verimatrix Video Content Authority System (VCAS)
https://www.verimatrix.com/products/vcas/

“The quick and professional migration of our existing customer base was one of our primary goals. Without Verimatrix's encryption tools, we would not have the same level of trust that we now place in our network infrastructure. The Verimatrix systems worked perfectly right from the start."

Founded in 2019 by the Belgian parent company Proximus Group, Proximus Luxembourg emerged from the merger of Tango and Telindus, two of the leading Belgian telecommunications companies. With the aim of building a completely independent, competitive network infrastructure for content provision, Proximus decided on the VCAS solution from Verimatrix to provide a central, scalable rights management for its extensive multi-screen offering.

Proximus developed its own on-premise infrastructure, which combines a unique middleware system with encryption tools from Verimatrix. Previously, Proximus Luxembourg used Proximus Belgium's television infrastructure without the option of delayed playback or recording of programs and without the “TV Everywhere” option, which limited growth opportunities. The changeover was made easier by the seamless integration of Verimatrix technology, which strengthened Proximus over regional competitors in the telecommunications industry and helped it to quickly become number two among the nationwide providers of TV services - with a growth rate that matched that of the market leader surpasses.

"Verimatrix gave us the best possible support in this important change," says Nuno Lopes , solution architect at Proximus Luxembourg. “The quick and professional migration of our existing customer base was one of our primary goals. Without Verimatrix's encryption tools, we would not have the same level of trust that we now place in our network infrastructure. The Verimatrix systems worked perfectly right from the start. "

"We are pleased to give companies like Proximus the confidence they need to expand their offering and customer base," said Asaf Ashkenazi , Chief Operating Officer at Verimatrix. "Our customers appreciate the special focus of Verimatrix solutions on scalability, uncomplicated integration and cost efficiency - that is the reason why so many companies repeatedly rely on Verimatrix as a reliable partner in times of fundamental changes."

About Proximus Luxembourg
Proximus Luxembourg SA is a subsidiary of the Proximus Group, Belgium's leading provider of telephony, Internet, TV and ICT services. She participates in the development of telecommunications infrastructures and ICT services in Luxembourg and supports Luxembourg startups through her investment in the Digital Tech Fund and her stake in the Luxembourg House of Financial Technologies. Proximus Luxembourg SA brings the Tango and Telindus brands together under one roof and employs 650 people. Both brands cooperate to cover all the needs of Luxembourg private and business customers in the telecommunications sector.
More information at
https://www.proximus.lu/en/

About Verimatrix
Verimatrix (Euronext Paris: VMX) offers customer-friendly security solutions for the modern networked world. We protect digital content, applications and devices with intuitive, person-oriented and smooth security. Leading brands rely on Verimatrix to protect critical assets - from premium movies and live streaming sports to sensitive financial and health data and mission-critical mobile applications. We provide the trusted connections our customers need to deliver compelling content and experiences to millions of consumers around the world. Verimatrix enables partners to reduce time to market, easily scale, protect valuable sources of income and secure new business.
More information is available at
https://www.verimatrix.com/

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