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 […]
Dell Technologies has signed an all-cash deal worth $2.075 billion to sell its cybersecurity business RSA to a consortium led by Symphony Technology Group, Ontario Teachers’ Pension Plan Board, and AlpInvest Partners. The sale includes RSA Archer, RSA NetWitness Platform, RSA Fraud and Risk Intelligence, RSA SecurID, and RSA Conference. Jeff Clarke – Chief Operating […]
