UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

 


 

FORM 8-K

 

CURRENT REPORT

PURSUANT TO SECTION 13 OR 15(d) OF

THE SECURITIES EXCHANGE ACT OF 1934

 

Date of Report (Date of earliest event reported): August 12, 2004

 

Avid Technology, Inc.

(Exact Name of Registrant as Specified in Charter)

 

Delaware

0-21174

04-2977748

(State or Other Jurisdiction

of Incorporation

(Commission

File Number)

(IRS Employer

Identification No.)

 

Avid Technology Park

One Park West

Tewksbury, MA

01876

(Address of Principal Executive Offices)

(Zip Code)

 

Registrant’s telephone number, including area code: (978) 640-6789

 



 

Item 5.    Other Events.

 

On August 13, 2004, Avid Technology, Inc., a Delaware corporation (the “Company”), announced that it had entered into an Agreement and Plan of Merger (the “Merger Agreement”), by and among the Company, Maui Paradise Corporation, a California corporation and a wholly-owned subsidiary of the Company (the “Merger Sub”), Maui LLC, a Delaware limited liability company and a wholly-owned subsidiary of the Company (the “Merger LLC”), and Midiman, Inc., a California corporation doing business as M-Audio (“M-Audio”).  The Merger Agreement provides for the merger of the Merger Sub with and into M-Audio and the subsequent merger of M-Audio with and into Maui LLC with Maui LLC as the surviving entity.  Upon completion of this transaction, M-Audio will be a wholly-owned subsidiary of the Company.  The full text of the press release issued in connection with the announcement is attached as Exhibit 99.1 to this Current Report on Form 8-K.

 

Item 7.    Financial Statements, Pro Forma Financial Information and Exhibits.

 

(c) Exhibits.

 

99.1         Press Release dated August 13, 2004.

 

2



 

SIGNATURE

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

Date: August 13, 2004

AVID TECHNOLOGY, INC.

 

 

 

By:

/s/ Paul Milbury

 

 

Name:

Paul Milbury

 

Title:

Chief Financial Officer

(Principal Financial Officer)

 

3



 

EXHIBIT INDEX

 

 

Exhibit

Number

 

Description

 

99.1

 

Press Release dated August 13, 2004

 

 

4