Avid, also known as Avid Technology, a privately owned company headquartered in the US, was founded in 1987, employs approximately 1670 individuals, and reported $410.0M in revenue as of 2024. The company operates as a tier 1 media tech buyer and specializes in multimedia technology, providing audio and video solutions such as digital non-linear editing (NLE) systems, video and audio editing software, music notation solutions, and management and distribution services for production and post-production workflows.

2024 Revenue

Founded

1987

Headcount

1,663

Headquarters

US

Primary Segment

Production and post production

Ownership

Privately Owned

Deployments

316

News Summary:

Avid announced its 25th Anniversary NAB ACSR ReCert Summit, scheduled for April 14–19, 2026, in Las Vegas, celebrating an annual tradition that gathers system engineers, educators, and post-production specialists for certification and professional growth. Previously, on February 4, Oscar®-winning editor Stephen Mirrione ACE detailed his use of Avid's Media Composer for cutting "F1® The Movie," a significant racing project. On February 3, Avid and BlastWave revealed a strategic partnership to help data center operators modernize legacy BMS and EPMS environments, focusing on deterministic PLC-based control and integrated cyber risk reduction. This development followed Avid's demonstrations on February 2 at the NAMM Show, showcasing new AI partner integrations for its Pro Tools, Sibelius, and Avid Venue platforms, emphasizing AI-enhanced workflows, immersive production, and integrated partner tools. Earlier, on January 30, a DADman 5.8.2 release and a corresponding Dante firmware update introduced SMPTE ST 2110-30 support to Avid’s Pro Tools | MTRX and MTRX Studio interfaces, marking a step forward in audio-over IP interoperability for new and existing systems.

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Avid offers 19 products in the media tech and media and telecoms services industries. Avid's product portfolio comprises of media cloud and storage, live production, content rights, content supply chain, production and post production, graphics and audio.
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Avid's revenues were less than $500M in 2024. Caretta Research has split Avid's revenue into 13 different product categories, the largest of which is live video ingest and playout servers. For full access to Avid's revenue breakdown subscribe to Caretta Portal.
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Avid's customers primarily consist of enterprise cloud, broadcast television and radio and entertainment Providers companies. Examples of Avid's customers include Amazon Web Services (AWS), China Media Group (CMG) and NBCUniversal. Avid has commercial and technical partners like Chyron, Amazon Web Services (AWS) and Remote Picture Labs (RPL). Examples of Avid's suppliers include Matrox Video, MainConcept and Zero Density.

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