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Ateme and Anevia in exclusive acquisition negotiations

July 31, 2020 07.30 Europe/London By Robert Briel

Ateme and the main shareholders of Anevia have entered into exclusive negotiations to acquire a total of 87% of Anevia’s share capital.

The combination of the two companies would create a major player in video broadcasting infrastructure, with combined revenues of more than €80 million (pro forma 2019).

Michel Artières, Chairman and CEO of Ateme, says: “A merger with Anevia and its high-performance solutions for optimizing video flow delivery is a key step in our expansion strategy in our customers’ value chain and the conquest of new markets. Both companies share the same values of respect and innovation. Based on our mission to deliver the best quality of experience, our ambition is to become the reference video solution for billions of consumers. The shared vision of the two companies and their strong culture should enable us to rapidly create significant value for our customers, employees and shareholders.”

Laurent Lafarge, Chairman and CEO of Anevia, says: “Anevia’s management is delighted with this project to combine with Ateme, the leader in video distribution infrastructure. This combination is a tremendous opportunity to accelerate development in a buoyant market, thanks to a value proposition which is rich and strong in innovation.”

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Related

Filed Under: Editor's Choice, Finance, Newsline, Tech Tagged With: Anevia, ATEME Edited: 3 August 2020 12:55

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About Robert Briel

Arnhem-based Robert covers the Benelux, France, Germany, Austria and Switzerland as well as IPTV, web TV, connected TV and OTT. Email Robert at rbriel@broadbandtvnews.com.

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