Avid Technology Overview

  • Founded
  • 1987
Founded
  • Status
  • Public
  • Employees
  • 1,429
Employees
  • Stock Symbol
  • AVID
Stock Symbol
  • Investments
  • 20
  • Share Price
  • $18.35
  • (As of Friday Closing)

Avid Technology General Information

Description

Avid Technology Inc develops and sells software and hardware for digital media production and management. Its products are used in production, film studios, cable television stations, recording studios, and other agencies. The company has operations in the U.S.; the Americas; Europe, Middle East, and Africa; and Asia-Pacific. Most of its revenue is split fairly evenly between the U.S. and EMEA. The company's products are organized into suites, including Artist Suite, which includes video editing and digital audio workstations; Media Suite, which provides newsroom management solutions; Studio Suite, which provides tools for on-air programming; and Storage Suite, which provides products for digital storage. It derives most of the revenue from video and audio products and services.

Contact Information

Website
Ownership Status
Publicly Held
Financing Status
Formerly VC-backed
Primary Industry
Multimedia and Design Software
Other Industries
Movies, Music and Entertainment
Entertainment Software
Stock Exchange
NAS
Primary Office
  • 75 Network Drive
  • Burlington, MA 01803
  • United States
+1 (978) 000-0000

Avid Technology Timeline

2018201920202021
Financing RoundFinancing RoundCaptured Employee CountEstimated Employee Growth
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Avid Technology Stock Performance

(As of Friday Closing)

Stock Price Previous Close 52 wk Range Market Cap Shares Average Volume EPS
$18.35 $17.70 $4.67 - $18.43 $811M 44.2M 491K $0.45

Avid Technology Financials Summary

In Thousands,
USD
TTM 30-Sep-2020 FY 2019 31-Dec-2019 FY 2018 31-Dec-2018 FY 2017 31-Dec-2017
EV 579,836 575,301 379,170 374,271
Revenue 372,472 411,788 413,282 419,003
EBITDA 42,030 42,835 35,018 28,344
Net Income 19,347 7,601 (10,674) (13,555)
Total Assets 261,402 304,293 265,843 234,684
Total Debt 238,217 264,360 221,995 210,404
Public Fundamental Data provided by Morningstar, Inc. disclaimer

Avid Technology Valuation & Funding

Deal Type Date Amount Valuation/
EBITDA
Post-Val Status Debt

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Avid Technology Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last Financing Details
Avid Technology Inc develops and sells software and hardware for digital media production and management. Its products a
Multimedia and Design Software
Burlington, MA
1,429 As of 2019
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Seraing, Belgium
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Cambridge, MA
000 As of 0000
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Avid Technology Competitors (17)

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
EVS Broadcast Equipment Corporation Seraing, Belgium 000 00000000000
0000000 Venture Capital-Backed Cambridge, MA 000 000.00 00000000000 000.00
00000 0000000 Corporate Backed or Acquired Munich, Germany 000000&0
000000000 00000 00 Corporate Backed or Acquired Hamburg, Germany 000000&0
000000 Venture Capital-Backed New York, NY 000 00000 00000000000 00000
You’re viewing 5 of 17 competitors. Get the full list »

Avid Technology Executive Team (41)

Name Title Board Seat Contact Info
Jeff Rosica Chief Executive Officer & Board Member
Kenneth Gayron Chief Financial Officer, Finance & Executive Vice President
Garrard Brown Chief Accounting Officer, Accounting & Treasurer, Finance
Jason Duva JD Chief Administrative Officer, Administration & Executive Vice President
Diana Brunelle Chief Human Resources Officer & Vice President
You’re viewing 5 of 41 executive team members. Get the full list »

Avid Technology Board Members (5)

Name Representing Role Since
Jeff Rosica Avid Technology Chief Executive Officer & Board Member 000 0000
Nancy Hawthorne Self Board Member 000 0000
Robert Bakish Self Board Member 000 0000
To view Avid Technology’s complete board members history, request access »

Avid Technology Signals

Growth Rate

0.80% Weekly
Growth
Weekly Growth 0.80%, 93rd %ile
-35.5%. 530%

Size Multiple

219x Median
Size Multiple 219x, 100th %ile
0.00x 0.95x. 413Kx

Key Data Points

Twitter Followers

5.5k

Similarweb Unique Visitors

15.0K

Majestic Referring Domains

314

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Avid Technology Investors

Investor Name Investor Type Holding Investor Since Participating Rounds Contact Info

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Avid Technology Investments & Acquisitions (20)

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
0000 00 000 000000 23-Jun-2015 000000000000000000 000.00 Other Commercial Services 00000 000000000 00.
00000000 21-Apr-2010 000000000000000000 000.00 Broadcasting, Radio and Television
0000 00000 0000000 05-Jan-2010 000000000000000000 000.00 Asset Management
0000000 0000000000 31-Jul-2009 000000000000000000 00.00 Other Communications and Networking
Sibelius Software 02-Aug-2006 Merger/Acquisition 0000 Entertainment Software 00000 00000
You’re viewing 5 of 20 investments and acquisitions. Get the full list »

Avid Technology Subsidiaries (1)

Company Name Industry Location Founded
0000 00 000 000000 Other Commercial Services Kfar Saba, Israel 0000
To view Avid Technology’s complete subsidiaries history, request access »

Avid Technology Exits (2)

Company Name Exit Date Exit Type Exit Size Status Buyers
00000000 0000000 09-Aug-2005 000000000000000000 000.00 Completed
  • 0000 0000000000
SoftImage 03-Aug-1998 Merger/Acquisition 00000 Completed
To view Avid Technology’s complete exits history, request access »