
Avid Acquires Blue Order
February 10, 2010
Source: Broadcastnow
Full story here
Avid has bought the
German media asset management company Blue Order Technologies
for an undisclosed fee.
The company said that it would not be revealing
terms of the deal but did acknowledge that all Blue Order
customers have been notified about the acquisition and that
Avid will continue to develop and support current Blue Order
products.
A spokesperson said: This acquisition represents how
Avid continues to make investments in areas that enable our
customers to do what they do best which is create the
most listened to, most watched, and most loved media in the
world.
The deal was completed in January but was not announced by
the US-based editing and effects equipment manufacturer.
Full story here
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