Avid Technology, Inc.
NASDAQ Global SelectCapital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Company Description
- CEO
- Jeffrey Rosica
- Full Time Employees
- 1,485
- Sector
- Technology
- Industry
- Electronic Gaming & Multimedia
- Address
- 75 Network Drive Burlington MA United States of America 01803
- IPO Date
- Mar 12, 1993
- CIK
- 0000896841
- Website
- avid.com
- Similar Companies
- Business
- Avid Technology, Inc. (Nasdaq: AVID) develops, markets, sells and supports software, SaaS and hardware products for media and entertainment content creation, management and distribution worldwide. The company offers video editing solutions including Media Composer, a cloud-enabled nonlinear editing system; Avid NEXIS shared storage systems; Maestro for virtual sets, augmented reality and video wall control; AirSpeed 5000 and 5500 on-air servers; and MediaCentral, a media production suite; audio products such as Pro Tools digital audio workstation software; Sibelius for music notation and scoring; S1, S4 and S6 audio control surfaces; and VENUE | S6L live sound systems; as well as Avid Link mobile collaboration app, FastServe video servers and hardware including I/O devices and interfaces. Founded in 1987 and headquartered in Burlington, Massachusetts, Avid Technology serves broadcasters, film and television production studios, live events and post-production facilities across the United States, Europe and other international markets. In November 2023, the company was taken private through a $1.4 billion acquisition by an affiliate of STG Partners, delisting its shares from Nasdaq; in April 2024, Wellford Dillard succeeded Jeff Rosica as CEO; and in November 2024, Avid completed the acquisition of Wolftech Broadcast Solutions to enhance its cloud-based news production workflow capabilities.
Company News
AVID Partners with Super League to Launch Educational Experience on Roblox Focused on Executive Function and Durable Skills
AVID BIOSERVICES INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Avid Bioservices, Inc. - CDMO
AVID BIOSERVICES INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Avid Bioservices, Inc. - CDMO
Icelandic State Broadcaster RÚV Upgrades Production Capabilities with New Avid | Stream IO
Alpha Metallurgical Resources Set to Join S&P SmallCap 600
STG Completes Acquisition of Avid Technology
Brazil's Record TV Upgrades Studios with Avid Audio Solutions to Power Top TV Broadcasts
Avid Joins Roybal School of Film and Television Production Magnet
From Taylor Swift and Beyoncé to blockchain and AI: Music ETF CEO eyes the next big thing
AVID TECHNOLOGY INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Avid Technology, Inc. - AVID
Avid Unveils Pro Tools Sketch for Modern Music Creators and to Expand Pro Tools Workflows
ITV Studios' International Production Arm Extends Partnership with Avid to Standardize and Streamline Post-Production Workflows
ITV Partners with Avid to Upgrade Its National and Regional News Production Systems
Avid Brings Next Wave of Audio Production Innovations to IBC2023 Show
Avid Unveils Innovations at IBC2023 Show to Drive the Open and Collaborative Future of Media Production
Avid Launches Stream IO Subscription-based Ingest & Playout Platform for Next-Generation Media Production
Avid Augments Sibelius with AI-powered Auto-complete Chord Symbols
Avid Launches Media Composer Panel Software Development Kit to Propel Third-Party Innovation for Media's Top Editing Tool
Avid Showcases the Power of AI-Driven Capabilities in Media Composer to Enhance Creative Intelligence
Avid Learning Summit London Tackles the Skills Gap in Media and Entertainment Industry