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 ...

BURLINGTON, Mass.—Avid has signed a strategic collaboration agreement with Amazon Web Services (AWS), to deliver a cloud-based production framework that helps film and television production companies ...

TelevisaUnivision distributes and produces content to more than 60 local TV stations and broadcast channels across Mexico and the U.S., as well as ViX, the first global large-scale streaming service ...

Avid has released Pro Tools 2026.4, adding tools aimed at broadcast, film and music workflows, including support for MPEG-H immersive audio and Dolby Headphone Personalization for Atmos mixes. The ...

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 ...

Avid has entered into an agreement to acquire Wolftech Broadcast Solutions. The media software solutions provider aims to leverage Wolftech’s story-centric workflow management expertise, amplifying ...

The MarketWatch News Department was not involved in the creation of this content. Strategic collaboration integrates Gemini models and Vertex AI into Avid Media Composer and Avid Content Core to ...

To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Preview this article 1 min A spokesperson for the video and ...

Avid CEO to Retire During the First Half of 2024 Jeff Rosica announced his plans to his team just days after private equity firm STG completed a $1.4 billion acquisition of the company: “I’ve been ...

To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Preview this article 1 min The $1.4 billion deal closed in ...

BURLINGTON, Mass. (AP) — Avid Technology Inc. on Monday projected a wider loss and drop in revenue for the third quarter. SBA moves to terminate ‘economically disadvantaged’ status from over 150 DC ...