Press Releases

 
TEWKSBURY, Mass.--(BUSINESS WIRE)--Sept. 2, 2005--In BW5342 issued Sept. 2, 2005: In graph one, line 4, the date of the conference should be Wednesday, Sept. 7, 2005 (sted Tuesday). The corrected release follows: AVID TECHNOLOGY, INC. TO PRESENT AT ROTH CAPITAL NEW YORK CONFERENCE Avid Technology, Inc. (NASDAQ...
TEWKSBURY, Mass.--(BUSINESS WIRE)--Sept. 1, 2005--Avid Technology, Inc. (NASDAQ: AVID) today announced the on-schedule release to manufacturing of Pinnacle Studio™ version 10 - the next-generation of the industry's most popular home video editing product family. The release is on track for volume productio...
TEWKSBURY, Mass.--(BUSINESS WIRE)--Sept. 1, 2005--Avid Technology, Inc. (NASDAQ: AVID) today announced the availability of the Avid® Media Composer® Adrenaline™ 1.8 and Avid Xpress® Pro 4.8 edit...
TEWKSBURY, Mass.--(BUSINESS WIRE)--Aug. 9, 2005--Avid Technology, Inc. (NASDAQ: AVID) today announced that it has completed its acquisition of Pinnacle Systems, Inc. (NASDAQ: PCLE). Avid will issue approximately 6.2 million shares of stock and pay approximately $71.3 million in cash to Pinnacle shareholders and option holders. As of today's ma...
TEWKSBURY, Mass. & MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)--Aug. 4, 2005--Avid Technology, Inc. (NASDAQ: AVID) and Pinnacle Systems, Inc. (NASDAQ: PCLE) today announced that the European Commission has cleared Avid's proposed acquisition of Pinnacle. With this final regulatory clearance, the parties expect to complete the acquisition on Aug...
TEWKSBURY, Mass.--(BUSINESS WIRE)--Aug. 4, 2005--Avid Technology, Inc. (NASDAQ: AVID) today announced that David Krall, president and chief executive officer, will present at the Pacific Crest Technology Forum investor conference on Monday, August 8, 2005, from 9:00 a.m. to 9:30 a.m. MDT at the Sonnenalp Resort in Vail, Colorado. An on-demand ...
LOS ANGELES, Aug 01, 2005 (BUSINESS WIRE) -- Avid Technology, Inc. (NASDAQ: AVID) today announced that it will preview SOFTIMAGE®|FACE ROBOT™ - its revolutionary new facial animation technology. Face Robot software is the first technology that allows 3-D artists to a...
LOS ANGELES, Aug 01, 2005 (BUSINESS WIRE) -- New version of 3-D animation software delivers native 64-bit support with unparalleled modeling, animation, and rendering capabilities; new Maya migration features added Avid Technology, Inc. (NASDAQ: AVID) today unveiled version 5.0 of the company's flagship SOFTIMAGE...
TEWKSBURY, Mass., Aug 01, 2005 (BUSINESS WIRE) -- Avid Technology, Inc. (NASDAQ: AVID) today announced that David Krall, president and chief executive officer, and Paul Milbury, vice president and chief financial officer, will present at the Adams Harkness Summer Seminar investor conference on Wednesday, August 3, 2005, from 3:30 p.m. to 4:0...
TEWKSBURY, Mass.--(BUSINESS WIRE)--July 25, 2005-- Top US broadcaster to transition news creation, storage, and play-to-air processes with all-digital Avid production environments Avid Technology, Inc. (NASDAQ: AVID) today announced that Fox Television Stations, Inc. has chosen to convert six of its 27 news-generating...
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