Secustream Technologies, founded by PhD candidate Gisle Grimen and former Post Doctoral fellow Christian Mönch, has been acquired by Conax, a leading developer of security solutions for digital TV. Conax offers state-of-the-art content protection for broadcast TV and all types of networks, in more than 70 countries worldwide.
Gisle Grimen's PhD work (sponsored by Telenor) and Christian Mönch's research at the department lead to the development of new encryption technology for securing digital content through software. NTNU Technology Transfer AS aided in the commercialisation of the ideas and Secustream Technologies was founded in October 2006.
At the signing seremony, the NTNU Rector, Torbjørn Digernes, presented the department a 1.3 million NOK cheque, which is the department's share of the university's profit in this transaction. This is the first time our department has gotten this kind of reward for commersialisation of research, said Head of department Kjell Bratbergsengen in his speech of thanks.
People from the department involved in the success story are: PhD candidate Gisle Grimen, Christian Mönch, Roger Midtstraum (Gisle's supervisor), Mads Nygård (Gisle's co-supervisor). Josip Zoric (Telenor) is also Gisle's co-supervisor.
Relevant news articles:
NTNU-selskap solgt for 22 millioner (in Norwegian, Universitetsavisa)
Skal stoppe piratkopiering (in Norwegian, NRK Midtnytt)
Milliongevinst for NTNU-gründere (in Norwegian, Adressa.no)
Telenor garanterer piratstopp (in Norwegian, Computerworld.no)
- Denne hacker vaksinen funker (in Norwegian, Computerworld.no)
Telenor kjøper NTNU-selskap (in Norwegian, Hegnar Online)
Telenor kjøper pirat-plageånder (in Norwegian, TU.no)
In photo from left to right: Kjell Bratbergsengen, and Rector Torbjørn Digernes.