BBC Worldwide that Channel 4 merge with either the commercial network Five or BBC Worldwide. Channel 4's preferred option of a partnership with the latter was confirmed by chief executive Andy Duncan, who added: "We're in discussions with BBC Worldwide at the moment and they're really very exciting." In the same year, the company was awarded the Queen's Award for Enterprise in recognition of the companies growth and success. In 2012, the company began to reorganise their divisions from a product based system to a location-based system, resulting in Jana Bennett leaving the company. BBC Worldwide sold Lonely Planet in 2013 to
BBC as a separate company in 2002, and in 2005. it was sold off to Australian-based Macquarie Capital Alliance Group and Macquarie Bank Limited and rebranded Red Bee Media. The BBC's IT, telephony and broadcast technology were brought together as BBC Technology Ltd in 2001, and the division was later sold to the German company Siemens IT Solutions and Services (SIS). SIS was subsequently acquired from Siemens by the French company Atos. Further divestments included BBC Books (sold to Random House in 2006); BBC Outside Broadcasts Ltd (sold in 2008. to Satellite Information Services); Costumes and Wigs (stock sold in 2008