Media Technology M&A | Devoncroft Partners

Avid Technology to be acquired by Symphony Technology Group for $1.4 Billion

Just shy of 5pm US Eastern time Avid Technology announced it entered into a definitive agreement to be acquired by an affiliate of Symphony Technology Group (“STG”), a private equity firm based...

Analysis, Devoncroft Executive Summit Amsterdam, Media Technology M&A, Technology Trends

Valuing Avid, Valuing the Industry’s Future

On August 3, 2023, Reuters wrote that Symphony Technology Group and Francisco Partners are “among the private equity firms competing to acquire media editing software maker Avid Technology.”...

Analysis, Media Technology M&A

Exclusive: Devoncroft Interview with New Grass Valley CEO, Dr. Andrew Cross

Grass Valley invited Joe Zaller and Josh Stinehour from Devoncroft Partners to meet with the company’s newly announced CEO, Dr. Andrew Cross, and talk about Cross’s new role, and his...

Analysis, Broadcast Technology Market Research, Broadcast Technology Vendor Financials, Devoncroft Executive Summit, Market Research, Media Technology M&A

Agenda and Speaker Line-Up for November 2021 Devoncroft Executive Summit

Whether you’re a broadcast technology buyer or supplier, the November 2021 Devoncroft Executive Summit offers a unique opportunity to gain a 360-degree view of industry economics and the strategic...

Analysis, Media Technology M&A

$1.275 Billion: Analysis of Adobe’s Acquisition of Frame.io

Last Thursday (8/19) Adobe announced its intention to acquire Frame.io, a video review and collaboration platform, in a $1,275,000,000.00 all-cash transaction. The deal is expected to close during...

Analysis, Broadcast Technology Vendor Financials, Media Technology M&A

Avid Nears $2B Enterprise Value, Validating Business Model Transition

During the intraday trading session on July 12th Avid’s stock traded at pricing levels above $40 per share (it closed today’s session at $36.95). A pricing level of $41 a share or higher will...

Analysis, Media Technology M&A

Update: Evertz Acquires Ease Live (part of Sixty AS)

This is an update to Thursday’s post about Evertz’s announced acquisition of a DTC Interactive Graphics Company. We had speculated the unnamed acquisition target was Bergen Norway based Sixty...

Media Technology M&A

Evertz Acquires DTC Interactive Graphics Company

Evertz announced today in a security filing it has acquired a “direct to consumer (DTC) interactive graphics company based in Bergen, Norway.” The acquisition includes the target company’s...

Analysis, Media Technology M&A

Analysis: Telestream Acquisition of EcoDigital (DIVA)

Telestream announced the acquisition of EcoDigital, the provider of the well-known DIVA archiving solution (the former Front Porch Digital business). The deal has closed. This is the eighth...

Analysis, Broadcast Technology Vendor Financials, Media Technology M&A

Analysis: Sony Acquisition of Nevion

Sony announced it has acquired the remaining equity capital of Nevion that it did not already own. The acquisition builds on Sony taking a minority equity stake in Nevion last July. The press...