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Corporation
INTERNET | Internet Software & Services / Multimedia & Graphics
avid.com

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Investments

1

Portfolio Exits

1

Partners & Customers

10

Service Providers

1

About Avid Technology

Avid Technology is an American technology and multimedia company.

Avid Technology Headquarter Location

75 Network Drive

Burlington, Massachusetts, 01803,

United States

978-640-6789

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Avid Technology Web Traffic

Rank
Page Views per User (PVPU)
Page Views per Million (PVPM)
Reach per Million (RPM)
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Avid Technology Rank

Latest Avid Technology News

07:10 ET Audio and Video Editing Software Market To Witness 45% Growth from North America | Technavio Partnering with Over 100 F...

Sep 20, 2021

News provided by Share this article NEW YORK, Sept. 20, 2021 /PRNewswire/ -- According to the latest market research report titled "audio and video editing software market by End-user (Commercial and Personal) and Geography (North America, Europe, APAC, South America, and MEA)" from Technavio, the market is expected to grow by USD 1.97 billion while expanding at a healthy CAGR of about 9%. Technavio has announced its latest market research report titledAudio and Video Editing Software Market by End-user and Geography - Forecast and Analysis 2021-2025 Impact of COVID-19 The audio and video editing software market will witness a positive impact during the forecast period owing to the widespread growth of the COVID-19 pandemic. As per Technavio's pandemic-focused market research, market growth is likely to grow in 2021 as compared to 2020. Frequently Asked Questions: Commercial end-user segment will be the largest revenue-generating segment What will be the expected YOY in 2021? The anticipated YOY for 2021 is estimated at 6.67% At what rate is the market projected to grow? The market growth will accelerate at a CAGR of about 9%. What will be the projected valuation of the market during 2021-2025? The market is expected to grow worth USD 1.97 billion during 2021-2025  How big is the North American market? 45% of the growth will originate from North America. Related Reports: The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Acon AS, Adobe Inc., Animoto Inc., Apple Inc., Autodesk Inc., CyberLink Corp., Avid Technology Inc., Microsoft Corp., Sony Corp., and Steinberg Media Technologies GmbH are some of the major market participants. In a bid to help players strengthen their market foothold, this audio and video editing software market forecast report provides a detailed analysis of the leading market vendors. The report also empowers industry honchos with information on the competitive landscape and insights into the different product offerings offered by various companies. The increasing content generation and rise of OTT platforms, strategic partnerships and collaborations between market participants, and decrease in prices of audio and video editing software will offer immense growth opportunities. However, the increase in the use of open-source and free editing software is likely to pose a challenge for the market vendors. Technavio's custom research reports offer detailed insights on the impact of COVID-19 at an industry level, a regional level, and subsequent supply chain operations. This customized report will also help clients keep up with new product launches in direct & indirect COVID-19 related markets, upcoming vaccines and pipeline analysis, and significant developments in vendor operations and government regulations. Audio and Video Editing Software Market 2021-2025: Segmentation Audio and Video Editing Software Market is segmented as below: End-user Audio and Video Editing Software Market 2021-2025: Scope Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. The  audio and video editing software market  report covers the following areas: Audio and Video Editing Software Market Size Audio and Video Editing Software Market Trends Audio and Video Editing Software Market Industry Analysis Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio's in-depth research has direct and indirect COVID-19 impacted market research reports. Download PDF Brochure and Unlock the Potential Advantages of Technavio's subscription platform CAGR of the market during the forecast period 2021-2025 Detailed information on factors that will assist audio and video editing software market growth during the next five years Estimation of the audio and video editing software market size and its contribution to the parent market Predictions on upcoming trends and changes in consumer behavior The growth of the audio and video editing software market across North America, Europe, APAC, South America, and MEA Analysis of the market's competitive landscape and detailed information on vendors Comprehensive details of factors that will challenge the growth of audio and video editing software market vendors Table of Contents: About Us Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios. Contact

Avid Technology Investments

1 Investments

Avid Technology has made 1 investments. Their latest investment was in Rocket Network as part of their Series B on March 3, 2000.

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Avid Technology Investments Activity

investments chart

Date

Round

Company

Amount

New?

Co-Investors

Sources

3/10/2000

Series B

Rocket Network

$15M

Yes

Date

3/10/2000

Round

Series B

Company

Rocket Network

Amount

$15M

New?

Yes

Co-Investors

Sources

Avid Technology Portfolio Exits

1 Portfolio Exit

Avid Technology has 1 portfolio exit. Their latest portfolio exit was Softimage on November 19, 2008.

Date

Exit

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Acquirer

Sources

11/19/2008

Acquired - III

$991

2

Date

11/19/2008

Exit

Acquired - III

Companies

Valuation

$991

Acquirer

Sources

2

Avid Technology Acquisitions

9 Acquisitions

Avid Technology acquired 9 companies. Their latest acquisition was Orad Hi-Tech Systems on April 13, 2015.

Date

Investment Stage

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Total Funding

Note

Sources

4/13/2015

$991

Acquired

1

8/7/2006

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$991

$99M

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10

8/18/2004

Unattributed VC

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$991

$99M

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10

1/26/2004

Growth Equity

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$991

$99M

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10

4/21/2003

Series C

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$991

$99M

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10

Date

4/13/2015

8/7/2006

8/18/2004

1/26/2004

4/21/2003

Investment Stage

Unattributed VC

Growth Equity

Series C

Companies

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Valuation

$991

$991

$991

$991

$991

Total Funding

$99M

$99M

$99M

$99M

Note

Acquired

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Sources

1

10

10

10

10

Avid Technology Partners & Customers

10 Partners and customers

Avid Technology has 10 strategic partners and customers. Avid Technology recently partnered with LiveU on April 4, 2021.

Date

Type

Business Partner

Country

News Snippet

Sources

4/13/2021

Partner

LiveU

United States

Avid, LiveU Collaborate on IP Stream Ingest for News, Live TV Production

`` Our partnership with Avid streamlines the workflow for our joint customers with a pre-integrated solution , '' said Avi Cohen , COO and co-founder of LiveU .

1

3/17/2021

Partner

Rowman & Littlefield Publishing Group

United States

Avid Learning Academy Accelerates Media Arts Education and Career Paths in Video and Music Creation

This content , added to Rowman & Littlefield Publishing Group 's own robust music publishing program , situates the publisher as an ideal program partner for the Avid .

2

2/26/2021

Distributor

Adistec

United States

Avid names Adistec as Master Distributor in LATAM.

`` Avid and Adistec have entered into an in-depth collaboration through a new distribution relationship that will be extremely important in increasing Avid 's operations throughout Latin America and making the marketing , sales and delivery of all our products that much easier and faster for our resellers .

1

1/27/2021

Licensor

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10

1/12/2021

Licensee

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10

Date

4/13/2021

3/17/2021

2/26/2021

1/27/2021

1/12/2021

Type

Partner

Partner

Distributor

Licensor

Licensee

Business Partner

LiveU

Rowman & Littlefield Publishing Group

Adistec

Country

United States

United States

United States

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News Snippet

Avid, LiveU Collaborate on IP Stream Ingest for News, Live TV Production

`` Our partnership with Avid streamlines the workflow for our joint customers with a pre-integrated solution , '' said Avi Cohen , COO and co-founder of LiveU .

Avid Learning Academy Accelerates Media Arts Education and Career Paths in Video and Music Creation

This content , added to Rowman & Littlefield Publishing Group 's own robust music publishing program , situates the publisher as an ideal program partner for the Avid .

Avid names Adistec as Master Distributor in LATAM.

`` Avid and Adistec have entered into an in-depth collaboration through a new distribution relationship that will be extremely important in increasing Avid 's operations throughout Latin America and making the marketing , sales and delivery of all our products that much easier and faster for our resellers .

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Sources

1

2

1

10

10

Avid Technology Service Providers

1 Service Provider

Avid Technology has 1 service provider relationship

Service Provider

Associated Rounds

Provider Type

Service Type

Acquired

Investment Bank

Financial Advisor

Service Provider

Associated Rounds

Acquired

Provider Type

Investment Bank

Service Type

Financial Advisor

Partnership data by VentureSource

Avid Technology Team

11 Team Members

Avid Technology has 11 team members, including current Chief Executive Officer, Ciprian Hetea.

Name

Work History

Title

Status

Ciprian Hetea

Chief Executive Officer

Current

Louis Hernandez Jr

Chief Executive Officer

Former

Jesús D

Chief Financial Officer

Former

Kirk Arnold

Chief Operating Officer

Former

Rashid Desai

Chief Technology Officer

Former

Name

Ciprian Hetea

Louis Hernandez Jr

Jesús D

Kirk Arnold

Rashid Desai

Work History

Title

Chief Executive Officer

Chief Executive Officer

Chief Financial Officer

Chief Operating Officer

Chief Technology Officer

Status

Current

Former

Former

Former

Former

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