Acquisition adds TV Everywhere authentication capabilities to Verimatrix’s portfolio
Verimatrix has completed the acquisition of the assets that comprise the Akamai Identity Services (AIS) product from Akamai. Adding TV Everywhere (TVE)-type service capabilities to the Verimatrix portfolio, said the company, underscores the importance of a common authentication system to reduce friction within the content distribution workflow, and ultimately support new ways to increase the value of the content chain on a global level.
Mike Kleiman, COO, Verimatrix, added: “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 rapidly 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.
Campbell Foster, vice-president of media industry and product marketing, Akamai, added: “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.”