Avid Technology
American multimedia technology company / From Wikipedia, the free encyclopedia
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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. 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]
Quick Facts Company type, Traded as ...
Company type | Private |
---|---|
Nasdaq: AVID | |
Industry | Computer software, Technology, Multimedia |
Founded | August 1987; 36 years ago (1987-08) |
Founder | Bill Warner |
Headquarters | Burlington, Massachusetts, United States |
Key people | Jeff Rosica (president & |
Products | Pro Tools, Media Composer, Sibelius, Avid Play Avid VENUE, Avid NEXIS, MediaCentral, FastServe, MBOX Studio, Pro Tools Carbon, Pro Tools MTRX, Airspeed, Avid Maestro Graphics. |
Revenue | US$417 million (2022) |
US$53.9 million (2022) | |
US$55.2 million (2022) | |
Total assets | US$287 million (2022) |
Total equity | −US$119 million (2022) |
Owner | Symphony Technology Group |
Number of employees | 1,485 (2022) |
Website | avid |
Footnotes / references [1] |
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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]