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Avid Technology Inc. (AVID) is in the Technology Industry

Revenue
Dec 31 2007
$929.5M
Profit
Dec 31 2007
($7.9M)
Market Cap
Nov 28 2008
$464.4M

Latest News and Analysis

Additional Resources

  • Autodesk Completes Acquisition of Softimage

    Acquisition Complements Autodesk's 3D Animation Portfolio SAN RAFAEL, Calif., Nov. 18 /PRNewswire-FirstCall/ -- Autodesk, Inc. today announced that it has completed the acquisition of substantially all of the assets of Softimage - a developer of 3D technology for the film, television and games markets - for...

    Articles 2008-11-18

  • Mozes Expands Leadership Team With Tech Industry Veterans

    Mozes ( www.mozes.com ), the service thatconnects people to what they love from their mobile phones, announced theappointment of Michael Brown, chairman of Line 6 Corporation, to the Mozesboard of directors, and Greg Estes, former Vice President and ChiefMarketing Officer of Avid Technology, to the Mozes executive managementteam as Vice...

    Articles 2008-11-17

  • M-Audio Luna II Microphone Combines Classic Sound With New Features for Greater Recording Flexibility

    M-Audio, a leading provider of creativetools for musicians and a part of Avid Technology, Inc. (NASDAQ: AVID),today announced the Luna® II professional cardioid studio condensermicrophone. The Luna II mic brings new features to the critically acclaimedLuna microphone, enabling users to capture a broader array of sound sourceswith greater detail and...

    Articles 2008-11-13

  • Pinnacle Systems Enhances Pinnacle Studio Version 12 With New Theme Winter Pack and Expanded Support Options

    Pinnacle Systems, Inc., a part of AvidTechnology Inc. (NASDAQ: AVID), announced today the 12.1 release update andnew Pinnacle Theme Winter Pack content for its market-leading PinnacleStudioTM consumer video editing software . The 12.1 update expandsthe format support for the Pinnacle StudioTM version 12 family ofproducts. The new Pinnacle...

    Articles 2008-10-30

  • Hauppauge Announces Purchase of Pinnacle PCTV Product Line from Avid Technology

    Acquisition Gives Hauppauge Wider Range of Consumer TV Tuner Products for PCs HAUPPAUGE, N.Y. -- Hauppauge Digital Inc. (NASDAQ: HAUP) today announced it has agreed, through a subsidiary, to purchase the Pinnacle PCTV product line and related assets from Avid Technology (NASDAQ: AVID) and certain affiliates. ...

    Articles 2008-10-27

  • Avid Technology Announces Sale of PCTV Product Line to Hauppauge Digital

    Avid Technology, Inc. (NASDAQ: AVID) todayannounced that it has signed a definitive agreement to sell its PinnaclePCTVTM product line and related assets to Hauppauge Digital, Inc.(NASDAQ: HAUP). The deal is expected to close before the end of 2008;financial terms were not disclosed. "Millions of media enthusiasts worldwide use our award-winning...

    Articles 2008-10-27

  • Autodesk signs agreement to acquire Softimage

    TELECOMWORLDWIRE-24 October 2008-Autodesk signs agreement to acquire SoftimageC1994-2008 M2 COMMUNICATIONS LTD http://www.m2.com Autodesk Inc (Nasdaq:ADSK), a developer of 2D and 3D design software for the manufacturing, building and construction and media and entertainment markets, and Avid Technology Inc (Nasdaq:AVID), a developer of tools for film, video, audio, 3D...

    Articles 2008-10-24

  • Autodesk Signs Agreement With Avid Technology to Acquire Softimage

    Acquisition to Accelerate Autodesk's Games Strategy; Complements Digital Entertainment and Visual Communications Offering; Lets Artists Choose their Passion SAN RAFAEL, Calif., Oct. 23 /PRNewswire-FirstCall/ -- Autodesk, Inc. and Avid Technology, Inc. , announced that they have signed a definitive agreement for Autodesk to acquire substantially all...

    Articles 2008-10-23

  • Avid Announces Third Quarter 2008 Results and Continued Business Transformation

    Avid Technology, Inc. (NASDAQ: AVID) todayreported revenue of $217.1 million for the three-month period endedSeptember 30, 2008, compared to $226.8 million for the same period in 2007.GAAP net loss for the quarter was $66.4 million, or $1.80 per share,compared to GAAP net loss of $5.9 million, or $.14 per share,...

    Articles 2008-10-23

  • M-Audio Empowers World-Renowned DJs to Create Music During Viva Music Tour

    M-Audio®, a part of Avid Technology, Inc.(NASDAQ: AVID), and a leading provider of creative tools for musicians, isproud to collaborate with premier electronic music resource Beatport toco-sponsor the Viva Music Tour. Having started in Montreal on October 16,2008, artists Steve Lawler, Tiefschwarz and Audiofly are touring NorthAmerica with a host...

    Articles 2008-10-20

  • Avid to Host Investor Day

    Avid Technology, Inc. (NASDAQ: AVID) todayannounced that it will host an Investor Day meeting on Monday, October 27,2008 at the Four Seasons Hotel in Boston, Massachusetts. Investor Day willoffer the investor community an opportunity to learn more about Avid'sproducts and business strategy, and to meet members of Avid's executiveteam. Presentations...

    Articles 2008-10-17

  • Avid Announces Conference Call Following Release of Third Quarter 2008 Results

    Avid Technology, Inc. (NASDAQ: AVID) willhold a conference call to review its financial results for the thirdquarter ended September 30, 2008 on Thursday, October 23, 2008, at 4:30p.m. EDT, following the dissemination of its press release on thoseresults. The dial-in number is: 719.457.2617 The replay number is: 719.457.0820...

    Articles 2008-10-14

  • Dextrys Signs Agreement With Avid Technology to Establish a Global Engineering Center in China

    WAKEFIELD, Mass., Oct. 14 /PRNewswire/ -- Dextrys, a premier US-based China outsourcing firm delivering Product Engineering and Application Services, is working with Avid Technology, Inc. to provide the company with product engineering services from China. By leveraging its client facing front-end in the United States in conjunction...

    Articles 2008-10-14

  • Blackmagic Design Announces That Digidesign Has Certified DeckLink HD Extreme with Pro Tools 8

    SAN JOSE, Calif. -- Blackmagic Design Inc. today announced that Digidesign, a part of Avid Technology Inc., has certified its DeckLink HD Extreme card for use with Pro Tools|HD([R]) 8 and Pro Tools LE([R]) 8 on OS X Leopard. "HD video monitoring is now the norm in audio...

    Articles 2008-10-10

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  • Incorporated: 1987
  • CEO: Mr. Gary G. Greenfield

Avid Technology develops, markets, sells and supports a range of software and hardware for the production, management and distribution of digital media content. Through its professional video business unit, Co. provides video and film editing systems, three dimensions and special effects software. Co. also provides services for audio creation, mixing, post production, collaboration, distribution and scoring through its audio business unit. Meanwhile, through its consumer video business unit, Co. markets video-editing and digital lifestyle products to consumers specifically in creating, editing, sharing, publishing and viewing video content.

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Avid Technology Inc. Company Info

Board of Directors

Mr. Gary G. Greenfield

Chairman

Ms. Nancy Hawthorne

Lead Director

Dr. Elizabeth M. Daley

Dr. Youngme E. Moon

Mr. George H. Billings

Mr. John H. Park

Mr. Louis Hernandez Jr.

Dr. John V. Guttag

Contact Information

One Park West

Tewksbury, MA

http://www.avid.com

978 640-6789

NAICS Code

Photographic and Photocopying Equipment Manufacturing: 333315
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