Avid is the maker of the widely used Media Composer editing system and ProTools audio post production tool. It has a continued focus on innovative technology to help its customer base deliver on their creative and business objectives.

https://www.avid.com/

Burlington

Avid Technology

STG is a private equity firm focused on funding innovative software and software-enabled tech services leaders in the mid-market. In addition to capital, STG provides transformation expertise to enable its portfolio companies to deliver more value to clients to retain and attract the best talent and to achieve best-in-class business performance.



https://www.stgit.com/

Menlo Park

STG – Symphony Technology Group

Avid Technology, Inc. (NASDAQ: AVID), a leading technology provider that powers the media and entertainment industry, today announced the completion of its acquisition by an affiliate of STG in an all-cash transaction valued at approximately $1.4 billion. The acquisition was previously announced on August 9, 2023, and approved by Avid stockholders on November 2, 2023.

Stg Completes Acquisition Of Avid Technology

Stg Completes Acquisition Of Avid Technology

Company Info