Avid held a press event on April 11, 2010 at NAB during which they covered the Euphonix acquisition and a host of other topics.
As previously announced here on ProSoundWeb.com, Avid announced it has entered into an agreement to acquire Euphonix, a leader in large-format digital audio consoles, media controllers and peripherals.
Embedded below the video from this event in its entirety, with the introductions beginning at 5 min 47 sec. The Euphonix announcement begins at 27 min 15 sec and continues through the end of the video where it concludes with a Q & A session.