Pinnacle Systems

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Pinnacle Systems, Inc.

Type| Subsidiary
Founded| 1986; 38 years ago (1986)
Founders| Ajay Chopra, Randall Moore, Mirek Jiricka
Headquarters| California,

Mountain View

U.S.

Parent| Corel

Pinnacle Systems, Inc. is a California -based United States manufacturer of digital video hardware and software for the mainstream and broadcast markets. The company was founded in 1986 by Ajay Chopra (CEO), Mirek Jiricka, and Randall Moore.

The company completed its IPO (NASDAQ: PCLE) in November 1994. In 1997 Pinnacle purchased Miro Computer Systems GmbH and in 2001 the video editing business of FAST MultiMedia AG. In 2002 Pinnacle purchased VOB Computersysteme GmbH. In 2003 Pinnacle purchased Steinberg, only to sell it off to Yamaha in 2004. Pinnacle was subsequently acquired by American company Avid Technology in August 2005. Avid subsequently sold Pinnacle products to Corel Corporation in July 2012.[1]

## Products

Pinnacle products include:

* Pinnacle Studio
* Dazzle
* VideoSpin (Windows)
* Groovy Music City
* Mobile Media Converter
* Instant DVD Recorder
* Video Capture for Mac
* Avid Liquid

On-air graphics products now under Avid brand:

* Deko character generators
* MediaStream servers
* Lightning still stores
* Thunder video servers

Divested products:

PCTVpro

PCTV 7010iX

* PCTV (now owned by Hauppauge Digital)
* TV for Mac (now owned by Hauppauge Digital)

Discontinued products:

Miro Video DC30

* SoundBridge
* Profiler
* TVCenter PRO
* Video Transfer
* PDS Video Switcher
* ShowCenter
* Miro Video DC10
* Miro Video DC10plus
* Miro Video DC30
* Miro Video DC30plus
* Pro-ONE
* DC1000
* DC2000
* DV500

## References

1. ↑ "Corel Acquires Pinnacle Products from Avid". Mediacaster Magazine. http://www.mediacastermagazine.com/pressroom/productDetail.aspx?id=9524.

## External links

* Pinnacle Systems

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