By Ken Kerschbaumer -- Broadcasting & Cable, 7/27/2005 8:43:00 AM MT
Shareholders of Avid Technology and Pinnacle Systems gave final approval to a deal in which Avid will acquire Pinnacle Systems, creating one of the largest makers of professional and consumer video systems. The closing of the transaction awaits final approval by European regulators.
David Krall, Avid president and CEO, says the company is eager to complete the deal so it can begin capitalizing on the opportunities that he says lie ahead in the consumer and professional markets. The two companies agreed on the sale on March 21 of this year.
Fox Business Network begins broadcasting from its new high-tech Studio G, overlooking Manhattan from the 3rd floor of News Corp. headquarters, on April 20. B&C got an early peek at the new space.
Created from the merger between Anystream and Voxant Media, Grab Networks offers a comprehensive video operating system and syndication network for profitably publishing video anywhere on the Internet. The system automatically manages, transcodes...
more
Digital Rapids is the leading provider of professional hardware and software tools, technology and expertise for bringing video to wider audiences and new viewing platforms. Continuing to set new standards in quality, productivity and versatility...
more
Parks Associates is an internationally recognized market research and consulting company specializing in emerging consumer technology products and services. Founded in 1986, Parks Associates creates research capital for companies ranging from...
more
JVC U.S.A. is a division of JVC Americas Corp., a wholly owned subsidiary of Victor Company of Japan, Limited. JVC is a leading developer and manufacturer of sophisticated audio and video products that use superior technologies to deliver high...
more