This Transaction, once filed with the bankruptcy court and given an interim order by that court, among other things to secure the debtor-in-possession financing, will allow Media 100 to continue to develop, sell and support its 844/X editing-compositing systems, newly-introduced Media 100 HD system, Media 100 i, and other content design products.
the mdea deal is not done yet. OBAS is the stalking horse bid. now the bidding opens up to others.
without the deal, OBAS is now trading above TUTS (in terms of valuation), assuming the dilution of the capital raising. TUTS is the leader in this space and is forecasting 5% seq rev growth and 30% YOY rev growth this year.