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Business Miscellaneous in Business . 4 months ago
Pinnacle Systems, Inc. is a California-based American manufacturer of digital video hardware and software for the mainstream and broadcast markets. The company was founded in 1986 by Ajay Chopra (CEO), Mirek Jiricka and Randall Moore.
The company completed its IPO (NASDAQ: PCLE) in November 1994. In 1997 Pinnacle purchased Miro Computer Systems GmbH and in 2001 the video editing business of FAST MultiMedia AG. In 2002 Pinnacle purchased VOB Computersysteme GmbH. In 2003 Pinnacle purchased Steinberg, only to sell it off to Yamaha in 2004. Pinnacle was subsequently acquired by American company Avid Technology in August 2005. Avid subsequently sold Pinnacle products to Corel Corporation in July 2012.
Posted on 20 Sep 2024, this text provides information on Business related to Miscellaneous in Business. Please note that while accuracy is prioritized, the data presented might not be entirely correct or up-to-date. This information is offered for general knowledge and informational purposes only, and should not be considered as a substitute for professional advice.
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