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 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% ...

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 (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 ...

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 ...

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 ...

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, ...

Few Boston tech companies cut as glamorous a profile as Avid Technology of Burlington. In the 1990s, the company won both an Oscar and an Emmy for changing the way movies and TV shows are edited, ...

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 announced today that its board of directors has terminated CEO Louis Hernandez Jr. after violations of company policies related to workplace conduct. The board has appointed Jeff ...