Year: 2005

New hospitality package launched for Gulf Air Bahrain Grand Prix

After the success of the Arabian Hospitality package of the Gulf Air Bahrain Grand Prix, officials at the Bahrain International Circuit have launched a new package the “Global Race Experience.â€? The Arabian hospitality package was sold out last week and in order to cater for the growing demand, BIC management decided to design a new …

Avid Technology, Inc. to Acquire Pinnacle Systems, Inc.

Combination to provide Avid with immediate presence in consumer video and expand professional broadcast offerings Tewksbury, Mass., and Mountain View, Calif. 21/3/2005- Avid Technology, Inc. (NASDAQ: AVID) and Pinnacle Systems, Inc. (NASDAQ: PCLE) today announced that Avid has entered into a definitive agreement to acquire Pinnacle in a cash and stock transaction. Under the terms …