Phone operator France Telecom has acquired the remaining majority stake in Dailymotion, a France-based video-sharing website, to provide an exit for its venture capital backers but said it plans to sell part of its ownership to third parties.
In January 2011, France Telecom bought a 49% stake in Dailymotion for €58.8m ($80.5m) with an option to acquire the rest for €61m this year.
Investors in Dailymotion since its launch in 2005 had included venture capital firms Atlas Ventures, Advent Ventures,…
