English | Deutsch

m law group advises Avid Technology, Inc. in sale of PCTV business

12.01.2009

Avid Technology, Inc., world leader in digital media production solutions, headquartered in Tewksbury, Massachusetts, and its German subsidiaries sold Avid’s PCTV business to Hauppauge Digital, Inc, headquartered in Hauppauge, New York, effective December 24, 2008. Element of the transaction was the partial transfer of Avid’s R&D center in Braunschweig to Hauppauge.

m law group advised Avid in all labor and employment law aspects of the transaction.

Counsel to Avid:
m law group: Manfred Schmid (Lead, Labor and Employment), Axel A. Heltzel (Labor and Employment).

WilmerHale, Palo Alto, Berlin: Joe Wyatt (Lead, Corporate), Jutta von Falkenhausen (Corporate).

Counsel to Hauppauge:
Dr. Klaus Becker, Düsseldorf (Labor and Employment)
Certilman Balin Adler & Hyman, East Meadow, New York: Steven J. Kuperschmid (Lead, Corporate)

Practice Area: Labour & Employment
Industry: Information and Communication Technology