The acquisition enhances Avid ’s presence in the news, sports and live-production market by combining its digital-first, end-to-end media solution with Wolftech’s expertise in story-centric workflow ...

Broadcast technology leaders complete acquisition process, joining forces to empower digital-first, story-driven newsroom collaboration Avid x Wolftech logos Avid x Wolftech BURLINGTON, Mass., Nov ...

Together, Avid and Wolftech will change the game for news production teams, delivering innovative tools and workflows that enable compelling, yet efficient, storytelling.” Woftech’s CEO, Arne Berven, ...

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 ...

Avid reported that these appointments underscore Avid’s commitment to being at the forefront of technology development, delivering innovative solutions that empower greater creators. The new hires ...

Private equity firm Symphony Technology Group (STG) on Wednesday agreed to buy media editing software maker Avid Technology Inc for about $1.4 billion, including debt.

Private Equity Firm STG Completes Acquisition of Avid for $1.4B The maker of the Media Composer editing system and Pro Tools audio post tool has once again become a private company.