Avid to Acquire Orad Hi-Tec Systems for $60 Million
AV technology company Avid says it has entered into a definitive agreement to acquire Israel’s Orad Hi-Tec Systems Ltd. for an estimated $60 million. Orad provides 3D real-time graphics, video servers and related asset management solutions. Avid says that the acquisition is consistent with its stated growth strategy and Avid believes it will continue to … Read more