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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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