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Avid Technology, Inc. (AVID)

-Other OTC
8.39 Down 0.06(0.71%) 3:58PM EDT
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Avid Technology, Inc.
75 Network Drive
Burlington, MA 01803
United States - Map
Phone: 978-640-6789
Fax: 978-640-3366

Index Membership:N/A
Industry:Multimedia & Graphics Software
Full Time Employees:1,787

Business Summary 

Avid Technology, Inc. provides digital media content-creation products and solutions for audio, film, video, broadcast professionals, artists, and creative enthusiasts in the Americas, the Asia-Pacific, Europe, the Middle East, and Africa. The company offers various software and hardware professional video-editing solutions, including Media Composer product line, which is used to edit television programs, commercials, and films; NewsCutter and iNews Instinct editors for news production; and Avid Symphony Nitris DX and Avid DS, which are used during the online or finishing stage of post production. It also provides Pinnacle Studio and Avid Studio, which provide consumers and entry-level videographers with the ability to create professional-looking videos; broadcast newsroom graphics, ingest, play-to-air, and automation device control solutions that assist broadcasters as they bring programs from concept to air; and Avid ISIS shared storage system to store, share and manage large quantities of digital media assets. In addition, Avid Technology, Inc. offers Pro Tools digital audio software and workstation solutions that facilitate the audio production process; a range of complementary open audio and video control surfaces and consoles; ICON system for tactile control of Pro Tools software and hardware; VENUE, a family of console products for mixing audio for live sound reinforcement. Further, the company provides Fast Track recording interface products to deliver audio quality plus hands-on controls; MIDI keyboards/controllers and digital pianos, which are used by musicians in the recording studio and for live performances; speakers for use with desktop computer systems and in studios; and Sibelius-branded software allows users to create, edit, and publish musical scores. Additionally, it also offers project management, installation, integration, planning, training, and support services. The company was founded in 1987 and is headquartered in Burlington, Massachusetts.

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Corporate Governance 
Avid Technology, Inc.’s ISS Governance QuickScore as of Feb 1, 2014 is 10. The pillar scores are Audit: 10; Board: 5; Shareholder Rights: 10; Compensation: 10.
Brought to you by Institutional Shareholder Services (ISS)

Key Executives 
Mr. Louis Hernandez Jr., 47
Chief Exec. Officer, Pres and Director
Mr. Christopher C. Gahagan , 50
Sr. VP of Products and Technology
Mr. Kenneth A. Sexton , 60
Mr. John Wilbert Frederick , 51
Chief Financial Officer, Chief Admin. Officer and Exec. VP
Mr. Ryan Murray , 37
Chief Accounting Officer and VP of Fin.
Amounts are as of Dec 31, 2011 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc.Exercised is the value of options exercised during the fiscal year.
Currency in USD.
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