Kudelski and Advance Magazine in patent agreement

Digital security and convergent media company Kudelski Group said it signed a patent license agreement with Advance Magazine Publishers Inc. including Condé Nast.

Kudelski said financial terms remained confidential and were not disclosed.

Kudelski is headquartered in Cheseaux-sur-Lausanne, Switzerland and Phoenix, Arizona and holds more than 5,300 issued and pending patents worldwide.