08.11.2005 08:00 AM
Originally featured on BroadcastEngineering.com
European Commission approves Pinnacle acquisition

Avid Technology and Pinnacle Systems announced that the European Commission has cleared Avid's proposed acquisition of Pinnacle, the final hurdle before the deal is consummated.

Upon the closing of the acquisition this week, Pinnacle shareholders will receive about 6.2 million shares of Avid stock and about $71 million in cash.

See Avid Technology at IBC2005 stand 7.830 and 7.938 or visit www.avid.com.

See Pinnacle Systems at IBC2005 stand 1.210 or visit www.pinnaclesys.com.

Back to the top




Comments
Post New Comment
If you are already a member, or would like to receive email alerts as new comments are
made, please login or register.

Enter the code shown above:

(Note: If you cannot read the numbers in the above
image, reload the page to generate a new one.)

No Comments Found




Thursday 11:07 AM
The Best Deconstruction of a 4K Shoot You'll Ever Read
With higher resolutions and larger HD screens, wide shots using very wide lenses can be a problem because they allow viewers to see that infinity doesn’t quite resolve into perfect sharpness.


 
Featured Articles
Exhibitions & Events
Discover TV Technology