History
The company was established in 1988 by a group of ten scientists of the Weizmann Institute, a university and research institute in Rehovot, Israel. The company was based on technology developed by the Israeli cryptographer Adi Shamir and his partner Amos Fiat.Shamir and Fiat devised a coding solution for the encryption system used in satellite broadcasts.
In 1992, one year after finalizing its product, the company was acquired by its primary customer, News Corp, for $15 million. In 1999, the company began trading as a public company on the NASDAQ stock exchange. In 2009, Permira and News Corporation announced a $3.6 billion arrangement for buying the public holding in NDS, turning it into a privately held company.
Read more about this topic: NDS Group
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“False history gets made all day, any day,
the truth of the new is never on the news
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...
the lesbian archaeologist watches herself
sifting her own life out from the shards shes piecing,
asking the clay all questions but her own.”
—Adrienne Rich (b. 1929)
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“History ... is, indeed, little more than the register of the crimes, follies, and misfortunes of mankind.
But what experience and history teach is thisthat peoples and governments have never learned anything from history, or acted on principles deduced from it.”
—Georg Wilhelm Friedrich Hegel (17701831)