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
23/09/25	Extreme Music Announces Strategic Alliance with Avid to Launch Production Music Panel	CI
05/11/24	Avid Technology, Inc. completed the acquisition of Wolftech Broadcast Solutions.	CI
07/10/24	Avid Technology, Inc. entered into a definitive agreement to acquire Wolftech Broadcast Solutions As.	CI
02/04/24	Avid Technology, Inc. Announces Chief Executive Officer Changes	CI
10/11/23	Avid Technology, Inc.(NasdaqGS:AVID) dropped from S&P 1000	CI
10/11/23	Avid Technology, Inc.(NasdaqGS:AVID) dropped from S&P 600 Information Technology	CI
10/11/23	Avid Technology, Inc.(NasdaqGS:AVID) dropped from S&P Composite 1500	CI
10/11/23	Avid Technology, Inc.(NasdaqGS:AVID) dropped from S&P 600	CI
10/11/23	Avid Technology, Inc.(NasdaqGS:AVID) dropped from S&P Technology Hardware Select Industry Index	CI
10/11/23	Avid Technology, Inc.(NasdaqGS:AVID) dropped from S&P Global BMI Index	CI
10/11/23	Avid Technology, Inc.(NasdaqGS:AVID) dropped from S&P TMI Index	CI
09/11/23	Avid Technology, Inc. Announces Board Changes	CI

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

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

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

Manager	Title	Age	Since
John Dillard CEO	Chief Executive Officer	56	02/04/2024
Kevin Blanco CTO	Chief Tech/Sci/R&D Officer	-	01/03/2025
Tom Sharma CTO	Chief Tech/Sci/R&D Officer	52	01/01/2025

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	-	07/11/2023
William Chisholm BRD	Director/Board Member	57	07/11/2023
Philip Anderson BRD	Director/Board Member	-	07/11/2023

Date	Insider	Type	Main position	Quantity	% Market Cap.
11/7/23 A	John Wallace	Issuer sale	Chairman	92,251	0.2095%
11/7/23 A	Robert Bakish	Issuer sale	Director	717,935	1.6301%
11/7/23 A	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	+0.20%	-0.14%	+2.95%	+61.83%	3,949B
PALANTIR TECHNOLOGIES INC.	+4.74%	+0.37%	+11.13%	+1,145.19%	463B
ORACLE CORPORATION	-1.53%	-1.09%	-53.07%	+24.57%	398B
PALO ALTO NETWORKS, INC.	+2.05%	-7.41%	+61.96%	+182.12%	278B
SAP SE	+3.52%	+5.76%	-12.55%	+68.37%	261B
CROWDSTRIKE HOLDINGS, INC.	+5.26%	-3.99%	+89.97%	+434.60%	233B
SERVICENOW, INC.	+2.39%	+9.39%	-18.68%	+41.42%	155B
FORTINET, INC.	+1.83%	-5.43%	+105.30%	+210.25%	125B
ADOBE INC.	-0.65%	+5.97%	-28.66%	-52.80%	99.92B
Average	+2.00%	-4.13%	+17.59%	+235.06%	662.53B
Weighted average by Cap.	+0.95%	-3.52%	+6.40%	+164.60%