Avid Technology, Inc acquires Softimage, Inc.

On June 15, 1998, Avid Technology, Inc acquired Softimage, Inc., a software company in Quebec, Canada, from Microsoft Corp.

Deal at a glance

AnnouncedJune 15, 1998 TypeDivestiture TargetSoftimage, Inc. Buyer Avid Technology, Inc Seller Microsoft Corp. SectorSoftware LocationQuebec, Canada ValueNot disclosed

Target company

Softimage, Inc.

Quebec, Canada

Softwaresector

-founded

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Buyer

Avid Technology, Inc

Company · 17 deals on record

1st transaction in software
1st transaction in Canada

17deals, all time

7in this sector

2015latest

Seller

Microsoft Corp.

Company · 222 deals on record

222investments

101in this sector

12exits

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Questions about this deal

Who acquired Softimage, Inc.?Avid Technology, Inc acquired Softimage, Inc. on June 15, 1998.

Who sold Softimage, Inc.?Microsoft Corp. was the seller.

What type of deal was it?It was a divestiture in the software sector in 1998.

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