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Grass Valley is being sold: what happens to Edius?

Grass Valley is being sold: what happens to Edius?

[10:07 mon,11.November 2019   by ]    

The media technology manufacturer Grass Valley, also known for its popular editing program Edius, is for sale. The parent company Belden, which had bought Grass Valley (which had changed hands several times before) only in 2014, had assumed that it would invest in a growth market, a development that had not been confirmed. In addition, Belden had problems with the unpredictable and predictable fluctuations in Grass Valley&s revenues.

Belden&s third quarter 2019 results totaled .3 million, down .5 million from the same period last year. Belden plans to save approximately million annually after the sale of Grass Valley through a savings program.


GrassValley


Belden has appointed JP Morgan to manage the sale process, which is already in negotiation with several potential investors - the final new owner is expected to be announced in a few months. Grass Valley will continue to operate with the current management, including Company President Tim Shoulders, during the sale process and unchanged thereafter.

What does this mean for Edius?
According to a statement by Grass Valley distributor Michael Lehmann-Horn, Grass Valley&s business is highly profitable and will not be sold to a competitor (who might stomp Edius). It should not have any negative impact on Edius:
"The development of EDIUS is not affected by this process in any way, the team remains exactly the same. And in 2020 there will be a new EDIUS version to look forward to (and by the way, there will be another update with new functions very soon)." According to him, there are no plans to switch to a subscription model for Ediususers either.

Link more infos at bei www.grassvalley.com

deutsche Version dieser Seite: Grass Valley wird verkauft: Was passiert mit Edius?

  

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related news:1E0Edius 9.5 supports Blackmagic RAW // IBC 2019 13.September 2019
Grass Valley EDIUS 9.40 available 16.May 2019
Free online meeting for all Edius users 29.April 2019
Grass Valley EDIUS 9.40 - including ProRes RAW and Audiosync for Multicam // NAB 2019 9.April 2019
Edius 9.3 arrives soon with improvements // IBC 2018 16.September 2018
Grass Valley Edius 9.2 Update brings HDR videoscopes // NAB 2018 6.April 2018
Edius 9 is available -- video editing with a focus on HDR 19.October 2017
alle Newsmeldungen zum Thema Grass Valley Edius


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deutsche Version dieser Seite: Grass Valley wird verkauft: Was passiert mit Edius?



last update : 10.April 2020 - 08:02 - slashCAM is a project by channelunit GmbH- mail : slashcam@--antispam:7465--slashcam.de - deutsche Version