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Kudelski Group Closes Sale of SKIDATA to ASSA ABLOY

Cheseaux-sur-Lausanne, Switzerland, and Phoenix, USA – September 13, 2024 – Kudelski Group, a global leader in digital security, has finalized the sale of its SKIDATA business to the ASSA ABLOY Group.

The Kudelski Group, listed on the SIX Swiss Exchange under the symbol KUD.S, specializes in digital business enablement technologies. These include digital media solutions for the entertainment industry, cybersecurity solutions for enterprises and governments, and IoT design and lifecycle management.

The Group's headquarters are located in Cheseaux-sur-Lausanne, Switzerland, and Phoenix, Arizona, USA, with operations in 24 countries worldwide. For further details, visit www.nagra.com.

R. P.

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