Avid Technology, parent company of Pro Tools-maker Digidesign, will acquire video company Pinnacle Systems in a cash and stock deal valued at $462 million.Two years ago, Pinnacle acquired music software developer Steinberg Media Technologies, maker of Nuendo and Cubase audio recording and editing systems. Last December, Yamaha reached an agreement to acquire Steinberg’s assets from Pinnacle in deal valued at $28.5 million. Avid, NLE manufacturer, gains additional depth in the professional and consumer video editing markets. Terms call for Pinnacle's stockholders to receive 0.0869 share of Avid stock and $1 in cash for each of their shares, which would be a buyout premium of about 30 percent as of the closing price for Pinnacle's shares on the day the sale was announced.
The FCC has issued captioning requirements for all online video. Learn how to meet the requirements of the new rules and how to automate the technical process.
Video compression, editing and displays is an in-depth tutorial on MPEG compression technology, editing MPEG content and evaluating color video monitors written by long-time video expert, trainer and writer Steve Mullen, Ph. D.
File-based technologies have replaced video tape methods for a majority of production and broadcast operations. The worlds of AV and IT are coalescing to create new methods and workflows for media
