AvidAppManHelper Perpetual 100% CPU

[WombatStudio.Org]

I'm on Mac OS X Yosemite.

Since the PT12.2 update, at startup AvidAppManHelper runs one of my cores on average of 100% with spikes up to 250% and never subsides. PT12.1 it used to finally idle and an icon would pop up in my menu bar.

Looking in Activity Monitor, I see AvidApplicationManager running as well.

With no way to load AvidApplicationManager other than going into the Finder and navigating to /Applications/Avid/Application Manager/ and double clicking ... Everything shows except under the "Apps" tab, everything reports "Syncing..."

I've even let it run overnight but still the same result. I'm about to take the advice of the other thread to just remove it from startup and abandon it for good. So far I've just been ForceQuitting them both via Activity Monitor.

Is this a known problem that's being addressed?