PS18 was their first fully 64bit version. PS17 initially had tremendous issues which were fixed with several patches. They killed legacy Studio, kept Avid Studio which they renamed PS16. Avid was hurting financially and sold off Pinnacle to Corel in 2012, who owned VideoStudio Pro, which Pinnacle Studio was a direct competitor. Liquid users (I was one) were disappointed in it because it lacked a lot of the features that made Liquid a compelling choice in editing. Avid eventually killed Liquid (a direct Media Composer editor originally from FAST) and started development on Avid Studio, a replacement for Liquid. First, Avid bought Pinnacle 2005 around the time when Studio 10 and Edition were available.
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