Avid Completes Acquisition of Orad Hi-Tec Systems

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Avid Technology (AVID) Completes $65M Acquisition of Orad Hi-Tec Systems

June 23, 2015 7:42 AM EDT

Avid Technology (NASDAQ: AVID) announced it has achieved another significant advance in the company's Avid Everywhere vision by completing its acquisition of Orad Hi-Tec Systems, a leading provider of state-of-the-art 3D real-time graphics, video servers, and related workflow management solutions. The Orad product lines are highly complementary to the... More