Avid Buys Euphonix

April 11, 2010, 06:01 PM

https://www.aotg.com/avid-buys-euphonix/

LAS VEGAS, NV -- (Marketwire) -- 04/11/10 -- NAB (Booth #SU902) Avid® (NASDAQ: AVID) today announced that it has entered into a definitive agreement to acquire Mountain View, CA-based Euphonix, a leader in large-format digital audio consoles, media controllers and peripherals. With the acquisition, Avid will deliver a broad range of audio and video control surfaces and consoles designed to meet the needs of customers ranging from the independent professional to the high-end broadcaster. Avid plans to continue to support and sell both Euphonix control surfaces and Avid's existing ICON solution, enabling customers to leverage existing investments in industry-leading hardware.
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