Avid buys Sundance Digital

Avid has purchased Sundance Digital for $12 million
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Avid Technology announced April 13 that it has acquired Sundance Digital for approximately $12 million in cash.

Sundance, which is based in the Dallas, TX area, is a developer of automation and device control software for broadcast video servers, tape transports, graphics systems and other broadcast station equipment.

The acquisition further widens Avid’s product portfolio of digital systems to produce, manage, control, and play back television programming.

For additional information see www.avid.com.