Avid, the Burlington, Mass.-based technology provider in the media and entertainment industry, has entered into a definitive agreement to be acquired by an affiliate of STG, a private equity partner ...

Avid Technology Inc AVID inked a deal with an affiliate of STG to be acquired in an all-cash transaction worth around $1.4 billion (including AVID's debt). As per the terms, AVID shareholders will ...

The feature-rich update introduces powerful new immersive audio capabilities with Sony’s 360 Reality Audio, integrated ...

Avid to Become a Privately Held Company Upon Completion of the Transaction BURLINGTON, Mass., Aug. 09, 2023 (GLOBE NEWSWIRE) -- Avid ® (NASDAQ: AVID), a leading technology provider that powers the ...

NEW YORK, Aug 9 (Reuters) - Avid Technology AVID.O said on Wednesday it had agreed to go private in an all-cash deal with an affiliate of Symphony Technology Group (STG) that valued the media editing ...

BURLINGTON, Mass.—Avid Technology announced today that it is acquiring Wolftech Broadcast Solutions, a Bergen, Norway-based provider of cloud-based multiplatform planning and publishing ...

Avid Technology has had a rough few years from a revenue perspective, but profits and cash flows have been rising nicely. AVID continues to benefit from a transition to high-margin subscriptions as ...

BURLINGTON, Mass.--(BUSINESS WIRE)--Avid® (NASDAQ: AVID), a leading technology provider that powers the media and entertainment industry, today announced its fourth quarter and full-year 2018 ...

Avid Technology, the maker of the industry’s leading editing software, received $7.8 million from the Paycheck Protection Program, according to a securities filing. Avid has more than 1,400 employees ...

Entertainment software industry veteran Paul Lypaczewski recently joined Avid Technology as vp and GM of its video business, where he's focusing on workflow and product integration as it continues to ...

Avid reported second-quarter revenue of $79.3 million, down 19.7% year over year but about $1.9 million higher than the average analyst estimate. Subscription revenue soared 68.3% to $16.4 million, ...