Globecast (part of the Orange group) has sold all of its shares in the French Media software solutions company,�Netia�to two French media entrepreneurs, Anthony Savelli and Vincent Benveniste. The acquisition was made via Radio Act SAS, a consulting and services agency.
According to a press release issued by Netia, both businessmen boast more than 25 years of experience in media IT and have an �impressive and recognized track record in successfully transforming technology businesses in synergy with�customers, partners and staff.�
Netia CEO Thierry Gandilhon said: �Having private owners committed to our roots in the south of France and to our core business, will give us the autonomy to focus on a more efficient operation. Our teams have already started a dialog with several customers and we are confident that they will benefit from this new setup, particularly from a user experience and lifecycle management standpoint.��
�Netia has very talented people working with the best media professionals across the world,� said Vincent Benveniste, Radio Act president. �We�re honored to lead its development from here on as a customer focused, agile, creative and autonomous organization,� he added.
A version of this story originally appeared on the website of Radio magazine sister publication Radio World.