# Kudelski Group Share ## Key Transaction Details * **Transaction:** Kudelski Group (KUD: SIX Swiss Exchange) has acquired a 20% stake in Intertrust Technologies Corporation (ITGR: Nasdaq). * **Consideration:** The purchase price was approximately $116 million. * **Closing Date:** The transaction is expected to close by the end of June 2023. ## Strategic Rationale * The acquisition aligns with Kudelski Group's strategy to expand its presence in the digital security market. * Intertrust provides cloud-based trust and identity services, which complement Kudelski Group's existing cybersecurity offerings. * The partnership will enable both companies to offer enhanced solutions to their customers. ## Company Profiles ### Kudelski Group * A global provider of digital security and media solutions. * Headquartered in Cheseaux-sur-Lausanne, Switzerland. * Listed on the SIX Swiss Exchange (KUD). ### Intertrust Technologies Corporation * A leading provider of cloud-based trust and identity services. * Headquartered in San Francisco, California. * Listed on Nasdaq (ITGR). ## Financial and Legal Advisors * Kudelski Group was advised by Deloitte and Lenz & Staehelin. * Intertrust Technologies Corporation was advised by William Blair and Latham & Watkins. ## Additional Information * For more information on the transaction, please refer to the official press release. * Kudelski Group and Intertrust Technologies Corporation will jointly host a conference call to discuss the acquisition on June 1, 2023.
