GlobeCast CEO and Chairman Christian Pinon has announced that the company has acquired 100 percent of the shares in software company NETIA. NETIA, which has offices in France, the United States, Italy and Australia, offers leading software solutions for audiovisual content management in broadcast and new media environments. GlobeCast is a subsidiary of France Telecom, providing content management and transmission services across a secure global satellite and fiber network.
NETIA will retain its identity and autonomy in terms of administrative functions as well as its personnel. Both companies will optimize their product development and marketing costs by taking advantage of synergies between skill sets and will cooperate both commercially and technically to the benefit of broadcasters of all sizes.