This excerpt taken from the NNDS 10-Q filed May 6, 2005.
Note 1. Description of business
NDS Group plc (the Company) is incorporated in Great Britain and registered in England and Wales. The Company, together with its subsidiaries (NDS or the Group), is engaged in the business of supplying digital technology and services, enabling and supporting digital pay-TV platform operators and content providers.
NDS operates through a number of subsidiaries. There is a common management structure across the Group, which ensures that the various subsidiary companies operate in a co-ordinated and complementary manner. The business is managed as a single operating unit or segment, being the supply of digital technology and services enabling and supporting digital pay-TV platform operators and content providers.
The Company is a majority owned subsidiary of News Corporation and conducts business transactions with a number of affiliates and subsidiaries of News Corporation.