Avid and Tektronix confirm alliance

Article Abstract:

Avid Technology has declared it will form a strategic alliance with Tektronix, a manufacturing company based in the US, that will initially involved the troubled Video Networking unit of the latter. Both companies are yet to finalize details of the alliance but it is expected that the terms involve the formation of an independent company that will be owned jointly by the two firms, a technology development alliance and a joint distribution setup. Tektronix also acquired exclusive rights to distribute broadcast products of Avid in Canada and the US starting Oct. 1, 1998.

Comment:

Declares it will form strategic alliance w/ Tektronix

United States, Alliances, partnerships, Radio & TV Broadcast Equip, Tektronix Inc., Avid Technology Inc., Article

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Running on NT

Article Abstract:

The Wall Street stock market has been stunned by news of Media 100's chief executive John Molinari decision to change his low-cost desktop editing systems from Mac-based to NT Windows during 1998. Molinari believes the importance of NT Windows should not be overlooked in such an intense market. Media 100 was formed in 1991 by Molinari, eventually producing an annual turnover of nearly $10 million by 1995. Molinari's father resigned from the board of Media 100 in 1998 to allow the remaining executives to take a more active role.

Video Tape Edit Equip, Management, Video equipment industry, Interview, Videotape editing equipment, Molinari, Jon, Media 100 Inc.

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Who will grab the headlines at IBC?

Article Abstract:

The IBC '98 trade show is expected to offer a variety of developments, mainly dominated by products running under Microsoft's NT. Eidos' Judgement and Justice NLEs, non-linear digital editing systems, are expected to attract attention, along with SGI's PC which is expected to feature the Octane MXE graphics pipeline.

Video Program Equip, Television broadcasting industry, Equipment and supplies, Exhibitions, Television equipment industry, Television equipment

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