Saying it will concentrate on “core activities,” French company Digigram has sold its 40% share in Audemat-Aztec to shareholders in the latter company.
Digigram makes digital audio network products; Audemat-Aztec makes measurement and monitoring gear for broadcast.
“This move will help us to concentrate on what we do best,” said Digigram Managing Director Philippe Delacroix. He said Audemat-Aztec would continue to develop products using Digigram technology.
Audemat-Aztec was formed Jan. 1, 2003 in a merger between Audemat and Digigram subsidiary Aztec Radiomedia. At the time, Audemat shareholders received 60% of the new company, with the remaining 40% held by Digigram.
Digigram will continue to make and sell the Hitplayer, an appliance for audio IP networks formerly developed by Aztec Radiomedia, according to the company.
Digigram Sells Minority Interest in Audemat-Aztec
Digigram Sells Minority Interest in Audemat-Aztec
