GlobeCast acquires NETIA


GlobeCast Chairman and CEO Christian Pinon announced today that GlobeCast 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.

For GlobeCast, NETIA has shown itself to be the best possible partner in the company’s effort to optimize the development of its content management solutions for broadcasters. NETIA, in turn, will benefit greatly from being a member of the GlobeCast Group as NETIA looks to further its international expansion and the development of its innovative solutions.

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, of course, cooperate both commercially and technically to the benefit of broadcasters of all sizes.