STG affiliate to acquire media tech giant Avid Technology for $1.4bn
Avid Technology, a leading figure in the media and entertainment technology sector, has entered into an agreement for acquisition by an affiliate of STG. This all-cash transaction places the value of Avid Technology at approximately $1.4 billion, inclusive of its net debt. The terms promise Avid Technology stockholders a sum of $27.05 for each share […]