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Avid Technology

Avid Technology
1987 FOUNDED
PUBLIC STATUS
1K-5K EMPLOYEES
AVID STOCK SYMBOL
20 INVESTMENTS
$7.69 SHARE PRICE (As of Friday Closing)
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.

Website
Ownership Status
Publicly Held
Financing Status
Corporate Backed or Acquired
Primary Industry
Entertainment Software
Other Industries
Movies, Music and Entertainment
Social/Platform Software
Stock Exchange
NAS
Primary Office
  • 65-75 Network Drive
  • Burlington, MA 01803
  • United States

+1 (978) 000-0000
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Avid Technology Stock Performance

52 wk Range Market Cap Prev. Close EPS Average Volume Shares
$4.37 - $10.79 $331M $7.70 -$0.04 329K 43M

Avid Technology Financials Summary

In Thousands,
USD
TTM
30-Sep-2019
FY 2018
31-Dec-2018
FY 2017
31-Dec-2017
FY 2016
31-Dec-2016
Enterprise Value 475,256 379,170 374,271 324,335
Revenue 408,165 413,282 419,003 511,930
EBITDA 45,351 35,018 28,344 89,726
Net Income (1,868) (10,674) (13,555) 48,219
Total Assets 266,221 265,843 234,684 249,581
Total Debt 258,228 221,995 210,404 193,795
Public Fundamental Data provided by Morningstar, Inc. disclaimer

Avid Technology Valuation and Funding

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

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Avid Technology Competitors (24)

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Musistic Venture Capital-Backed Memphis, TN 0 00000 00000000000 00000
000000 0000000 Venture Capital-Backed Herndon, VA 000 00000 00000000000 00000
0000000 Venture Capital-Backed Cambridge, MA 000 000.00 00000000000 000.00
000 000000000 0000 Corporation Seraing, Belgium 000 00000000000
0000000000000 Formerly VC-backed Las Vegas, NV 00 000.00 000000&0 000.00
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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
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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
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Avid Technology Subsidiaries (1)

Company Name Industry Location Founded
0000 00 000 000000 Other Commercial Services Kfar Saba, Israel 0000
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Avid Technology Investors

Investor Name Investor Type Holding Participating Rounds Investor Since Board Seat Contact Info

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Avid Technology Executive Team (35)

Name Title Board
Seat
Contact
Info
Jeff Rosica Chief Executive Officer & Board Member
Kenneth Gayron Chief Financial Officer & Executive Vice President
Tim Claman Chief Technology Officer, Technology & Vice President-Product Management
Jason Duva JD Chief Administrative Officer & Executive Vice President
Robert Roose Director, Corporate Development and Strategic Planning

27 Former Executives

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Avid Technology Board Members (5)

Name Representing Role Since Contact
Info
0000 000000 Avid Technology Chief Executive Officer & Board Member 000 0000
00000 000000000 Self Board Member 000 0000
000000 000000 Self Board Member 000 0000

2 Former Board Members

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