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Last $13.68 USD
Change Today +0.45 / 3.40%
Volume 826.1K
As of 8:10 PM 07/6/15 All times are local (Market data is delayed by at least 15 minutes).

avid technology inc (AVID) Snapshot

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52 Week High
06/8/15 - $18.10
52 Week Low
07/15/14 - $7.37
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Current Stock Chart for AVID TECHNOLOGY INC (AVID)

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avid technology inc (AVID) Details

Avid Technology, Inc. develops, markets, sells, and supports software and hardware for digital media content production, management, and distribution in the United States, the other Americas, Europe, the Middle East, Africa, and the Asia-Pacific. The company offers various professional video creative tools, including Media Composer product line, which is used to edit television programs, commercials, and films; NewsCutter option and iNews systems for news production; and Avid Symphony option that is used during post-production. It also provides video storage and server solutions comprising Avid ISIS shared storage systems; and media management solutions, such as MediaCentral | UX Web- and mobile-based apps that enables interplay asset management solutions by providing access to media assets for media professionals. In addition, the company offers audio products and solutions, such as Pro Tools digital audio software and workstation solutions that facilitate the audio production process; complementary control surfaces and consoles; VENUE, a family of console products for mixing audio for live sound reinforcement; and Sibelius-branded software that allows users to create, edit, and publish musical scores. Additionally, it offers workflow design and consulting, program and project management, system installation and commissioning, and role-based product level training services. The company markets and sells its products and solutions to customers in broadcast and media, video and audio post, and professional markets through a network of sales representatives, independent distributors, value-added resellers, dealers, and retailers, as well as through digital sales channels. Avid Technology, Inc. was founded in 1987 and is headquartered in Burlington, Massachusetts.

1,413 Employees
Last Reported Date: 03/16/15
Founded in 1987

avid technology inc (AVID) Top Compensated Officers

Chairman, Chief Executive Officer and Preside...
Total Annual Compensation: $1.4M
Chief Financial Officer, Chief Administrative...
Total Annual Compensation: $975.0K
Vice President, General Counsel and Corporate...
Total Annual Compensation: $410.0K
Senior Vice President of Worldwide Field Oper...
Total Annual Compensation: $375.0K
Senior Vice President of Products and Technol...
Total Annual Compensation: $412.0K
Compensation as of Fiscal Year 2014.

avid technology inc (AVID) Key Developments

VRT Deploys Avid's New Media Asset Management Solution

Avid announced that VRT has embraced Avid Everywhere by installing a media asset management system designed and implemented by Avid Global Services as the first phase of the broadcaster's transition to an HD workflow. The Avid Interplay MAM improves operational efficiency and facilitates better internal collaboration. With HD becoming ubiquitous in broadcast, VRT began the process of planning a phased HD upgrade program across its entire facility. The project began with replacing VRT's legacy SD database management system with an HD-capable solution that not only manages its existing media and database, but also handles new multimedia assets from its in-house productions, spanning from news and sport to live entertainment and studio shows. The new system enables team collaboration across the facility, while integrating existing third party systems into the production workflow during the transition process and beyond.

Avid Technology, Inc.(NasdaqGS:AVID) added to Russell 2000 Index

Avid Technology, Inc. will be added to Russell 2000 Index

Avid Technology, Inc.(NasdaqGS:AVID) added to Russell 3000 Index

Avid Technology, Inc. will be added to the Russell 3000 Index.


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