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Banned
Autodesk Signs Agreement With Avid Technology to Acquire Softimage
Acquisition to Accelerate Autodesk's Games Strategy; Complements Digital Entertainment and Visual Communications Offering; Lets Artists Choose their Passion
SAN RAFAEL, Calif., Oct. 23 /PRNewswire-FirstCall/ -- Autodesk, Inc. (NASDAQ: ADSK) and Avid Technology, Inc. (NASDAQ: AVID), announced that they have signed a definitive agreement for Autodesk to acquire substantially all of the assets of Avid's Softimage business unit for approximately $35 million.
See the interview with Marc Stevens, General Manager of Softimage and Vice-President at Avid Technology, and Marc Petit, Senior Vice-President, Autodesk Media & Entertainment as they discuss this announcement.
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