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EnterNext congratulates Anevia on its successful listing on Alternext in Paris(ENP Newswire Via Acquire Media NewsEdge) ENP Newswire - 04 June 2014 Release date- 03062014 - EnterNext, the Euronext subsidiary dedicated to promoting and growing the market for SMEs[1], today celebrated the listing of software specialist Anevia, a company dedicated to optimising multi-screen video delivery, on Alternext in Paris. Founded in 2003 by Tristan Leteurtre and Damien Lucas, who had previously developed the iconic VLC Media Player, Anevia gives telecoms operators, broadcasters and content suppliers a choice of software solutions that optimise video delivery to all Internet-connected devices-from television sets and computers to smartphones, tablets and more. The current boom in web-based video is expected to account for 69% of total international Internet traffic by 2017 (source: Idate), a revolution that poses major technical and business challenges for operators, broadcasters and the media. Anevia's ViaMotion solution reduces the number of video formats required, slashing the cost of storing data and the bandwidth required for the same video content by a factor of ten. Anevia has offices in the United States, Brazil, Dubai and Singapore, and derives 65% of its sales from international markets. Anevia (ticker code: ALANV) was listed through the admission to trading of the 1,913,660 ordinary shares making up its equity and of the 561,478 new shares issued under a Global Offering[2], after full exercise of the extension option and over-allotment option. The offer was a success with both individual and institutional investors. The Global Offering was oversubscribed 2.8 times. The Open Price Public Offering was oversubscribed 9.4 times. The admission and issue price of Anevia shares was set at EUR12.13 per share, at the top end of the indicative price spread. Market capitalisation was EUR30.5 million on the day of listing, and the offering raised EUR7.3 million including EUR6.8 million for the capital increase. 'We would like to extend warm congratulations to Anevia for its listing on Alternext,' said Eric Forest, Chairman and CEO of EnterNext. 'The move will give this French software specialist the visibility it needs to continue deploying its international strategy, plus financial resources to step up the pace of growth. Its success testifies to our markets' capacity to finance the development of companies in the TMT[3] sector.' Tristan Leteurtre, Anevia co-founder and CEO, said: 'We are proud of the lively interest in our listing and would like to thank our new shareholders-both individuals and institutionals-for their trust. Funds raised will enable us to step up the pace of expansion on international markets, while maintaining our technological edge and continuing to design and develop pioneering software to accompany the revolution in web video, becoming the go-to supplier for the world's main telecoms operators and broadcasters.' [1]Small and medium-size enterprises [2]The Global Offering was made up of a Public Offering that included an Open Price Public Offering and a Global Placement with institutional investors in France and other countries. [3]Technologies, media and telecommunications (c) 2014 Electronic News Publishing - |