Avid divests consumer business, reduces workforce

July 2, 2012, 08:18 PM

http://www.postmagazine.com/Press-Center/Daily-New...

BURLINGTON, MA -- Avid has initiated a series of strategic actions to focus the company on its media enterprise and post and professional customers and to drive improved operating performance. As part of these actions, the company is divesting its consumer businesses.

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