Media and entertainment technology provider Avid Technology (AVID) saw strong demand for its products in 2021 and ended the year with healthy margins and free cash flow. However, the stock has slumped ...

"STG's expertise in the technology sector and significant financial and strategic resources will help accelerate the achievement of our strategic vision, building on the momentum of our successful ...

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 AVID recently announced the launch of its latest Pro Tools release, 2022.09, with new features for the music community. The recent version of Pro Tools will provide music creators of ...

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 ...

WHITE PLAINS, N.Y.—SMPTE has joined with Avid to publish a new standard for the VC-3 codec in Interoperable Master Format (IMF). The VC-3 standard, a codec implementation that Avid provides under the ...

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 ...

Subscription ARR of $150 million, an increase of 30.1% year-over-year, and total Annual Recurring Revenue (ARR) of $247 million, an increase of 8.1% year-over-year Subscription revenue of $39.4M, an ...

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 ...

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 ...