BURLINGTON, MASS.—Avid Technology has appointed Jeff Rosica as chief executive officer of Avid, effective immediately. The company’s Board of Directors has terminated the employment of Louis Hernandez ...

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 ...

Investors got excited when the company's media production tools got a cloud-based makeover. Last month's share price surge rested on Avid's release of a coherent cloud-based media production suite.

Avid Technology Inc (NASDAQ: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 ...

Avid Technology may see a takeover price of $30–$33 a share in a potential acquisition from a private equity buyer, according to a Northland analyst. A private equity firm is likely to pay a 20%–30% ...

It came as no surprise yesterday when Avid Technology received a notification letter from NASDAQ that the company would be delisted and trading of its stock would be suspended. For many of us in the ...

Richard Blum ( Trades, Portfolio), founder of Blum Capital Partners, reduced his position in Avid Technology Inc. ( NASDAQ:AVID) by nearly 4% on Monday. Blum sold 271,667 shares in the Burlington, ...

BURLINGTON (AP) — Avid Technology Inc. on Monday appointed Louis Hernandez as president and CEO of the digital-audio and video-technology company. He succeeds Gary Greenfield, who voluntarily resigned ...

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 ...

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 ...

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 ...