Orange said on Tuesday it was in talks with Microsoft over a possible tie-up with its video-sharing website Dailymotion, nearly a year after discussions with Yahoo collapsed following state opposition. Orange said it would keep a majority stake in Dailymotion, the world's 12th largest video-sharing site, but is looking for partners outside of Europe to develop it internationally, Chief Executive Stephane Richard told BFM Business radio."We have ongoing talks, particularly with Microsoft, which doesn't necessarily mean that we'll come to a deal," said Richard, speaking from the World Mobile Congress in Barcelona."I think it makes a lot of sense for us, as for Microsoft, to reach an accord that would be above all a partnership," he said, adding that Orange was also talking with other content providers, including in France.The French state owns 28.4 percent of Orange, so it has some sway over the group's actions and management.
Orange SA, formerly France Telecom SA, is a France-based company that is engaged, principally, in the provision of integrated telecommunications services. Shares of ORAN traded higher by 2.26% or $0.29/share to $13.13. In the past year, the shares have traded as low as $9.10 and as high as $14.68. On average, 572090 shares of ORAN exchange hands on a given day and today's volume is recorded at 714413.
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