Company Profile

Avid Technology, Inc. is a technology provider that powers the media and entertainment industry. The Company develops, markets, sells, and supports software and integrated solutions for video and audio content creation, management, and distribution. It provides an open platform for digital media, along with a set of software tools and workflow solutions. Its solutions are used in production and post-production facilities; film studios; network, affiliate, independent and cable television stations; recording studios; live-sound performance venues; advertising agencies; government and educational institutions; corporate communications departments; and by independent video and audio creative professionals, as well as aspiring professionals. Its Creative Software Solutions includes its Media Composer, Pro Tools, and Sibelius tools, as well as Avid Link. Its Enterprise Software Solutions are built on the MediaCentral platform along with a suite of applications, modules, and services.

Employees

1,485

Sector

Software

More about the company

09-11	Avid Technology, Inc. and Google Cloud Expand Strategic Partnership to Deliver Browser-Based Media Composer and Agentic Creative Workflows	CI
25-09-23	Extreme Music Announces Strategic Alliance with Avid to Launch Production Music Panel	CI
24-11-04	Avid Technology, Inc. completed the acquisition of Wolftech Broadcast Solutions.	CI
24-10-06	Avid Technology, Inc. entered into a definitive agreement to acquire Wolftech Broadcast Solutions As.	CI
24-04-02	Avid Technology, Inc. Announces Chief Executive Officer Changes	CI
23-11-10	Avid Technology, Inc.(NasdaqGS:AVID) dropped from S&P 1000	CI
23-11-10	Avid Technology, Inc.(NasdaqGS:AVID) dropped from S&P 600 Information Technology	CI
23-11-10	Avid Technology, Inc.(NasdaqGS:AVID) dropped from S&P Composite 1500	CI
23-11-10	Avid Technology, Inc.(NasdaqGS:AVID) dropped from S&P 600	CI
23-11-10	Avid Technology, Inc.(NasdaqGS:AVID) dropped from S&P Technology Hardware Select Industry Index	CI
23-11-10	Avid Technology, Inc.(NasdaqGS:AVID) dropped from S&P Global BMI Index	CI
23-11-10	Avid Technology, Inc.(NasdaqGS:AVID) dropped from S&P TMI Index	CI
23-11-08	Avid Technology, Inc. Announces Board Changes	CI

23-08-15	Truist Securities Downgrades Avid Technology to Hold From Buy, Price Target is $27.05	MT
23-08-10	Northland Capital Downgrades Avid Technology to Market Perform From Outperform	MT
23-08-10	Jefferies Adjusts Price Target on Avid Technology to $27 From $25, Keeps Hold Rating	MT
23-08-10	Rosenblatt Adjusts Avid Technology's Price Target to $27 From $28, Keeps Neutral Rating	MT
23-08-10	B. Riley Downgrades Avid Technology to Neutral From Buy on Heels of Announced Sale to STG, Lowers PT to $27.05 From $35	MT

23-11-22	Icelandic State Broadcaster RUV Upgrades Production Capabilities with New Avid \| Stream IO	AQ
23-11-07	STG Completes Acquisition of Avid Technology	AQ
23-10-26	Avid Technology : Brazil’s Record TV Upgrades Studios with Avid Audio Solutions to Power Top TV Broadcasts	PU
23-10-25	Avid Technology : Material Event - Form 8-K	PU
23-10-12	Avid Joins Roybal School of Film and Television Production Magnet	GL

23-08-03	STG y Francisco Partners compiten por la tecnología de Avid: fuentes
22-08-30	MÄRKTE USA/Abwärtstrend an der Wall Street setzt sich fort
22-08-30	MÄRKTE USA/Abwärtstrend an der Wall Street geht weiter
22-08-30	MÄRKTE USA/Kleine Erholung nach Ausverkauf
22-08-30	MÄRKTE USA/Erholung nach Ausverkauf erwartet

Manager	Title	Age	Since
John Dillard CEO	Chief Executive Officer	56	2024-04-01
Kevin Blanco CTO	Chief Tech/Sci/R&D Officer	-	2025-02-28
Tom Sharma CTO	Chief Tech/Sci/R&D Officer	52	2024-12-31

Avid Technology, Inc. Stock

Stocks

AVID

US05367P1003

Software

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Analysts' recommendations: Avid Technology, Inc.

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Managers and Directors: Avid Technology, Inc.

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Company Profile

Director	Title	Age	Since
Patrick Fouhy BRD	Director/Board Member	-	2023-11-06
William Chisholm BRD	Director/Board Member	57	2023-11-06
Philip Anderson BRD	Director/Board Member	-	2023-11-06

Date	Insider	Type	Main position	Quantity	% Market Cap.
11/7/23	John Wallace	Issuer sale	Chairman	92,251	0.2095%
11/7/23	Robert Bakish	Issuer sale	Director	717,935	1.6301%
11/7/23	Tom James Andrew Cordiner	Issuer sale	Executive/Senior Manager	248,788	0.5649%

Add to a list 0 selected To use this feature you must be a member Log in Sign up	Change	5-day change	1-year change	3-year change	Capi.($)
AVID TECHNOLOGY, INC.	-.--%	+0.07%	-	-	1.19B
MICROSOFT CORPORATION	-1.37%	-0.27%	-3.68%	+48.48%	3,691B
PALANTIR TECHNOLOGIES INC.	+1.03%	+2.84%	+2.40%	+1,037.25%	415B
DATADOG, INC.	+0.23%	+2.45%	+71.48%	+144.09%	82.68B
CADENCE DESIGN SYSTEMS, INC.	+2.17%	-1.65%	-19.80%	+19.57%	75.45B
SYNOPSYS, INC.	+2.93%	-3.75%	-11.15%	-16.25%	70.46B
SEA LIMITED	+0.83%	-4.79%	-45.26%	+163.49%	62.87B
ATLASSIAN CORPORATION	+0.25%	+7.06%	+10.60%	-6.28%	48.05B
TAKE-TWO INTERACTIVE SOFTWARE, INC.	-0.05%	+0.32%	-14.50%	+48.21%	39.62B
TWILIO INC.	-1.35%	+5.15%	+133.94%	+280.87%	37.19B
Average	+0.45%	+0.46%	+13.78%	+191.05%	502.49B
Weighted average by Cap.	+0.27%	+0.74%	-1.52%	+142.32%