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Orange enters into exclusive negotiations with Dailymotion with a view to acquiring a 49% stake in its capital

This project is strategic for Orange insofar as the Dailymotion video platform will immediately provide the Group with a solution that can meet the increase in its customers’ video use across all connected screens (via internet, WiFi or 3G). The operation will also enable Orange to accelerate its multi-screen strategy by anticipating the growth in high definition, 3D and continuity across all screens.

Read the full story here: http://www.reuters.com/article/idUS69016+25-Jan-2011+HUG20110125

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