Avid Technology

This article is about the technology and multimedia company. For the educational program, see Advancement Via Individual Determination. For other uses, see AVID (disambiguation).
Avid Technology, Inc.
Company typePublic
Nasdaq: AVID
IndustryComputer software, Technology, Multimedia
FoundedAugust 1987; 37 years ago (1987-08)
FounderBill Warner
HeadquartersBurlington, Massachusetts, United States
Key people
Jeff Rosica (president &​ CEO)
ProductsPro Tools, Media Composer, Sibelius, Avid Play Avid VENUE, Avid NEXIS, MediaCentral, FastServe, MBOX Studio, Pro Tools Carbon, Pro Tools MTRX, Airspeed, Avid Maestro Graphics.
RevenueIncrease US$417 million (2022)
Increase US$53.9 million (2022)
Increase US$55.2 million (2022)
Total assetsIncrease US$287 million (2022)
Total equityNegative increase −US$119 million (2022)
OwnerSymphony Technology Group
Number of employees
1,485 (2022)
Websitewww.avid.com
Footnotes / references
[1]

Avid Technology, Inc. is an American technology and multimedia company that develops digital non-linear editing (NLE) systems, video editing software, audio editing software, music notation software and management and distribution services. It is based in Burlington, Massachusetts, and was founded in August 1987 by Bill Warner.[2][3]

Avid products are used in the television and video industry to create television shows, feature films, and commercials. Media Composer, a professional non-linear editing system, is Avid's flagship product.[4]

  1. ^ "Avid Technology, Inc. 2022 Annual Report (Form 10-K)". U.S. Securities and Exchange Commission. March 1, 2023.
  2. ^ "About Avid". Avid Technology. Archived from the original on 16 January 2009. Retrieved 2009-01-16.
  3. ^ "Avid Corporate Background". Avid Technology. Archived from the original on 30 December 2008. Retrieved 2009-01-16.
  4. ^ "Avid unveils the all-new Media Composer 2019". APB+ News. 2019-06-19. Retrieved 2020-05-12.