Avid Acquired for $1.4 Billion by Private Equity Firm STG
August 11th, 2023 by David Weiss
“Avid acquired”: It’s a phrase many have dreaded but also suspected was inevitable. Now the home of Pro Tools has a new home.
Avid (Nasdaq: AVID) announced on Thursday that it has entered into a definitive agreement to be acquired. Making the purchase is an affiliate of STG, a Palo Read more...