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Orange sells Netia to French media entrepreneurs

Orange Group subsidiary Globecast has sold all its shares in French media software solutions company, Netia, to a pair of media entrepreneurs.

Anthony Savelli and Vincent Benveniste acquired Netia via their consulting and services agency, Radio Act.

Commenting on the deal, Netia CEO Thierry Gandilhon said that the new owners will  “give us the autonomy to focus on a more efficient operation” and are committed to the company’s roots in the South of France.

“Our teams have already started a dialogue with several customers and we are confident that they will benefit from this new setup, particularly from a user experience and lifecycle management standpoints,” he said.

Radio Act president Vincent Benveniste added: “Netia has very talented people working with the best media professionals across the world. We’re honoured to lead its development from here on as a customer focused, agile, creative and autonomous organisation.”

Netia’s solutions allow content producers and owners to manage and deliver audiovisual content to a range of media platforms. The company provides radio automation, media asset, and workflow management solutions to companies including RAI Italy, RTL France, RTBF in Belgium, SBS and ABC in Australia, MediaCorp Singapore, and France Televisions.