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 ...

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 ...

Avid Technology reported its Q4 results highlighted by strong momentum in subscription revenue that is driving earnings higher. The company is benefiting from demand for video production and editing ...

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 ...

Avid Technology lost money in the third quarter, but the company’s stable income and rising margins are good news considering the company’s current time of transition, Avid executives said. “Given the ...

LOS ANGELES —Sony Music Publishing’s Extreme Music has formed a strategic alliance with Avid to launch production music that ...

The company warned of uneven operating results in the near term due to supply chain disruptions. Overall, Avid Technology continues to see growing demand for its software and tools used for content ...

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 ...

The company faces a long recovery after the COVID-19 pandemic shut down the live entertainment industry. Prior to the COVID-19 pandemic, people looked forward to cheering on their favorite sports ...

The Burlington company has been working to get back on the Nasdaq exchange since February when it was delisted. It's been a long road for Avid Technology over the past few months. In late February, ...