| 6.79 Data as of 3:29pm ET |  +0.08 / +1.19%Today’s Change | 5.85 Today|||52-Week Range 10.04 | -10.42% Year-to-Date |
| SECTOR Electronic Technology | INDUSTRY Computer Peripherals | MARKET CAP $261.2M |
Company Description
Avid Technology, Inc. develops, markets, sells and supports a wide range of software and hardware for digital media content production, management and distribution. Digital media are video, audio or graphic elements in which the image, sound or picture is recorded and stored as digital values, as opposed to analog, or tape-based, signals. The company's products are used worldwide in production and postproduction facilities; film studios; network, affiliate, independent and cable television stations; recording studios; live-sound performance venues; advertising agencies; government and educational institutions; corporate communication departments; and by Internet professionals and consumers. Projects produced using Avid's products include major motion pictures, prime-time television programs, music, video and other recordings. Avid Technology was founded by Bill Warner in 1987 and is headquartered in Burlington, MA.
Employees
Shareholders
| Other institutional | 49.30% |
| Mutual fund holders | 39.62% |
| Individual stakeholders | 21.48% |
Top Executives
| Louis Hernandez, Jr., CPA | President, Chief Executive Officer & Director |
| Jeff Rosica | Senior Vice President-Worldwide Field Operations |
| John Wilbert Frederick, CPA | EVP, Chief Financial & Administrative Officer |
| Richard A. Broughton | Chief Information Officer & Vice President |
| Jason A. Duva | Secretary, Vice President & General Counsel |
.
