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The Boston Globe

Business

Avid Technology delays earnings report

Tech firm has battled challenge from rivals

The day after the Academy Awards is usually a celebratory event for Avid Technology Inc., as the Burlington company gets to proclaim how many winning Oscar movies used its video and audio editing products.

But on Monday Avid also disclosed that an unspecified accounting problem prompted the company to delay indefinitely its fourth-quarter earnings report, which was originally scheduled to be released on Tuesday.

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