Bitcentral, Inc. Successfully Completes Sale of Its Broadcast Production and Playout Operations to Banyan Software

Stradling represented Bitcentral, Inc. in the sale of its broadcast production and playout operations to Banyan Software.

Following the transaction, Bitcentral will continue to operate as ViewNexa, focusing on streaming, content distribution, monetization and audience engagement. Banyan Software, founded in 2016, acquires and operates enterprise software businesses with permanent capital under a buy, hold and grow for life strategy designed to preserve the legacy of founders.