Knowledge (XXG)

Avid Technology

Source 📝

444: 436: 42: 245: 428: 228: 211: 194: 177: 420: 499:
In 1993, the National Academy of Television Arts & Sciences awarded Avid Technology and all of the company's initial employees with a technical Emmy award for Outstanding Engineering Development for the Avid Media Composer video editing system.
1591: 1225: 473:
On March 29, 1999, Avid Technology, Inc. adjusted the amount originally allocated to IPR&D and restated its third-quarter 1998 consolidated financial statements accordingly, considering the SEC's views.
1566: 412:(which also won best picture), which he cut on the Avid. This was the first Editing Oscar awarded to a digitally edited film (although the final print was still created with traditional 1571: 1586: 398:. By 1994 only three feature films used the new digital editing system. By 1995 dozens had switched to Avid, and it signaled the beginning of the end of cutting celluloid. In 1996 909:
digital mixing console and control surface manufacturer; EuCon protocols were integrated into Pro Tools; the Artist Series and System 5 Family were added to Avid control surfaces
1546: 824:
virtual instrument, plug-in effect and sample library designer; developed AIR (Advanced Instrument Research), series of plug-ins and virtual instruments subsequently included in
1576: 1556: 1606: 1551: 1134:
Scott Kirsner, Inventing the Movies: Hollywood's Epic Battle Between Innovation and the Status Quo, from Thomas Edison to Steve Jobs (2008) Publisher Scott Kirsner,
1581: 1561: 1446: 1541: 1298: 1160: 24: 1271: 1201: 380:
in 1992, directed by Ron Senkowski. The film was edited at a 30fps NTSC rate, then used Avid MediaMatch to generate a negative cutlist from the
1601: 1596: 507:
for the concept, system design and engineering of the Avid Film Composer for motion picture editing which was accepted by founder Bill Warner.
1147: 1080: 357: 1251: 186: 1139: 1072: 477:
In February 2018, Avid appointed Jeff Rosica as CEO, after terminating Louis Hernandez Jr, who was accused of workplace misconduct.
452: 364:
computer, with special hardware and software of Avid's design installed. The Avid/1 was "the biggest shake-up in editing since
979: 954: 1372: 592: 368:
played with time and sequences in the early 1900s". By the early 1990s, Avid products began to replace such tools as the
1175:"Avid Technology Announces Appointment of Jeff Rosica as Chief Executive Officer and Termination of Louis Hernandez, Jr" 1018: 1323: 1302: 131: 462:, a free edition of Media Composer with limited functionality; Xpress DV, a consumer edition of Media Composer; and 408: 1460: 1114: 488: 318: 302: 256: 117: 708: 935:
developer of 3D real-time graphics and video servers products, then integrated into the MediaCentral Platform
1523: 1348: 137: 1422: 737:
private sharing network technology for Internet collaboration, then implemented in Digidelivery, encrypted
1226:"Avid Technology Enters into Definitive Agreement to Be Acquired by an Affiliate of STG for $ 1.4 Billion" 993: 949: 894: 868: 801: 759: 679: 390: 310: 306: 156: 52: 1286: 28: 1268: 487:
In August 2023, Avid Technology entered into a definitive agreement to be acquired by an affiliate of
1043: 959: 619: 578: 384:. The first feature film edited natively at 24fps with what was to become the Avid Film Composer was 365: 160: 1174: 356:. A prototype of their first non-linear editing system, the Avid/1 Media Composer, was shown at the 769: 650: 637: 376:
to handle their film creations with greater ease. The first feature film edited using the Avid was
541: 381: 361: 164: 470:. These editions were discontinued in 2008 as the flagship Media Composer was lowered in price. 1485: 1440: 1143: 1135: 1076: 1068: 862: 77: 745: 413: 341: 325: 237: 1275: 395: 353: 1397: 790: 504: 467: 403: 337: 152: 443: 435: 41: 1535: 806: 738: 60: 656: 633: 503:
On March 21, 1999, at the 71st Academy Awards, Avid Technology Inc. was awarded an
459: 399: 373: 333: 314: 683: 568: 463: 455:(OMF) as an open standard file format for sharing media and related metadata. 203: 81: 20: 1022: 825: 660: 574: 545: 535: 427: 148: 1327: 904: 667: 1093: 781: 481: 369: 301:
is an American technology and multimedia company that develops digital
1202:"Exclusive: Media editing software vendor Avid explores sale -sources" 419: 324:
Avid products are used in the television and video industry to create
66: 558:
developer of Videoshop, Quicktime-based home video editing software
167:, Pro Tools Carbon, Pro Tools MTRX, Airspeed, Avid Maestro Graphics. 1252:"Private Equity Firm STG Completes Acquisition of Avid for $ 1.4B" 813: 724:
developer of Active Content Manager, newsroom management software
442: 434: 426: 418: 220: 1592:
Recipients of the Scientific and Technical Academy Award of Merit
352:
Avid was founded by Bill Warner, a former marketing manager from
1269:
Steve Hall Charged With Ensuring Reliable, Consistent IT Service
1098: 842: 329: 997: 1161:"Avid Technology Announces Revaluation of Acquisition Charges" 698:
developer of interactive 3D software for games and the Web
491:
for $ 1.4 billion, which was finalized three months later.
360:(NAB) convention in April 1988. The Avid/1 was based on an 1067:
Russell Evans, Practical DV Filmmaking, Focal Press, 2005
1421:
September 23, Alex Udell; Pm, 2009 at 6:06 (2009-09-08).
982:. U.S. Securities and Exchange Commission. March 1, 2023. 317:
and management and distribution services. It is based in
1512: 277: 980:"Avid Technology, Inc. 2022 Annual Report (Form 10-K)" 881:
developer of MAXedit, visual effects editing software
484:
reported that Avid was exploring selling the company.
340:, a professional non-linear editing system, is Avid's 591:
ITN's newsroom computer and automation system (from
1486:"Avid Completes Acquisition of Orad Hi-Tec Systems" 272: 262: 252: 235: 218: 201: 184: 171: 144: 124: 113: 105: 87: 73: 58: 48: 1567:Audio equipment manufacturers of the United States 1349:"Avid Acquires 3D Software Company Motion Factory" 388:. The first studio film to be edited at 24fps was 1115:"Fun Facts and Dates in Digital Editing 'Firsts'" 659:, 3D graphics software (previously subsidiary of 321:, and was founded in August 1987 by Bill Warner. 1324:"Lucasfilm: Inside Lucasfilm | Company History" 372:, Steenbeck, and KEM flatbed editors, allowing 1572:Manufacturing companies based in Massachusetts 1373:"Digidelivery – The demise of a great product" 1044:"Avid unveils the all-new Media Composer 2019" 1587:Manufacturers of professional audio equipment 1520:Historical business data for Avid Technology: 8: 1547:Companies based in Burlington, Massachusetts 786:audio interfaces and equipment manufacturer 34: 1445:: CS1 maint: numeric names: authors list ( 40: 33: 23:company. For the educational program, see 1577:Software companies based in Massachusetts 1557:Electronics companies established in 1987 244: 19:This article is about the technology and 1423:"More transitions – Avid acquired Max-T" 922:provides online music recording studios 514: 25:Advancement Via Individual Determination 1607:Software companies of the United States 1552:Companies formerly listed on the Nasdaq 1461:"Avid Acquires Rocket Network's Assets" 971: 595:), then implemented into iNews in 2001 163:, Avid NEXIS, MediaCentral, FastServe, 1582:Software companies established in 1987 1562:American companies established in 1987 1438: 1250:Giardina, Carolyn (November 7, 2023). 605:Novell-based newsroom computer system 16:American multimedia technology company 7: 1542:1987 establishments in Massachusetts 1113:Kennedy, Ashley (10 December 2011). 544:(NLE) system which was developed by 358:National Association of Broadcasters 1287:Curiosity Expert: William J. Warner 809:hardware and software manufacturer 640:and Jester, ink-and-paint software 581:, brand of digital mixing consoles 14: 1021:. Avid Technology. Archived from 996:. Avid Technology. Archived from 577:, digital audio workstation, and 243: 227: 226: 210: 209: 193: 192: 176: 175: 678:strategic alliance Avstar with 290:Footnotes / references 955:List of video editing software 855:broadcast automation software 1: 1602:2023 mergers and acquisitions 1597:1993 initial public offerings 593:Digital Equipment Corporation 1326:. 2012-06-28. Archived from 1232:(Press release). 2023-08-09 1200:Vinn, Milana (2023-05-24). 1019:"Avid Corporate Background" 458:In the past, Avid released 93:; 37 years ago 1625: 447:Avid, logo, used from 2019 439:Avid, logo, used from 2017 431:Avid, logo, used from 2009 423:Avid, logo, used from 2007 378:Let's Kill All the Lawyers 18: 887: 834: 797: 774:audio plug-ins developer 752: 691: 646: 611: 564: 531: 319:Burlington, Massachusetts 288: 257:Symphony Technology Group 118:Burlington, Massachusetts 39: 1299:"Oscars Awards Database" 891:Blue Order Solutions AG 466:, a prosumer edition of 451:In 1994 Avid introduced 1353:Animation World Network 1230:GlobeNewswire News Room 315:music notation software 248:−US$ 119 million (2022) 214:US$ 55.2 million (2022) 197:US$ 53.9 million (2022) 1398:"Digidesign buy Wizoo" 1256:The Hollywood Reporter 950:List of music software 895:Media asset management 760:Media Asset Management 615:Elastic Reality, Inc. 540:A computerized analog 448: 440: 432: 424: 311:audio editing software 307:video editing software 231:US$ 287 million (2022) 180:US$ 417 million (2022) 27:. For other uses, see 845:storage manufacturer 446: 438: 430: 422: 299:Avid Technology, Inc. 35:Avid Technology, Inc. 29:AVID (disambiguation) 1402:www.soundonsound.com 960:List of scorewriters 871:, notation software 762:software components 622:, morphing software 453:Open Media Framework 1025:on 30 December 2008 878:Maximum Throughput 409:The English Patient 264:Number of employees 36: 1379:. 24 February 2010 1274:2013-01-31 at the 1181:. 26 February 2018 1000:on 16 January 2009 838:Medéa Corporation 830:2012 (to inMusic) 629:Parallax Software 548:spin-off company. 542:non-linear editing 449: 441: 433: 425: 362:Apple Macintosh II 303:non-linear editing 1148:978-1-4382-0999-9 1081:978-0-240-80738-6 941: 940: 863:Sibelius Software 852:Sundance Digital 711:playback servers 705:Pluto Technology 555:DiVA Corporation 296: 295: 78:Computer software 1614: 1513:Official website 1500: 1499: 1497: 1496: 1482: 1476: 1475: 1473: 1472: 1457: 1451: 1450: 1444: 1436: 1434: 1433: 1418: 1412: 1411: 1409: 1408: 1394: 1388: 1387: 1385: 1384: 1369: 1363: 1362: 1360: 1359: 1345: 1339: 1338: 1336: 1335: 1320: 1314: 1313: 1311: 1310: 1301:. Archived from 1295: 1289: 1284: 1278: 1266: 1260: 1259: 1247: 1241: 1240: 1238: 1237: 1222: 1216: 1215: 1213: 1212: 1197: 1191: 1190: 1188: 1186: 1171: 1165: 1164: 1157: 1151: 1132: 1126: 1125: 1123: 1121: 1110: 1104: 1103: 1090: 1084: 1065: 1059: 1058: 1056: 1055: 1040: 1034: 1033: 1031: 1030: 1015: 1009: 1008: 1006: 1005: 990: 984: 983: 976: 802:Pinnacle Systems 734:Rocket Networks 682:—then owners of 515: 414:negative cutting 342:flagship product 326:television shows 284: 281: 279: 247: 246: 240: 230: 229: 223: 213: 212: 196: 195: 187:Operating income 179: 178: 135: 101: 99: 94: 91:August 1987 44: 37: 1624: 1623: 1617: 1616: 1615: 1613: 1612: 1611: 1532: 1531: 1528: 1509: 1504: 1503: 1494: 1492: 1484: 1483: 1479: 1470: 1468: 1459: 1458: 1454: 1437: 1431: 1429: 1420: 1419: 1415: 1406: 1404: 1396: 1395: 1391: 1382: 1380: 1371: 1370: 1366: 1357: 1355: 1347: 1346: 1342: 1333: 1331: 1322: 1321: 1317: 1308: 1306: 1297: 1296: 1292: 1285: 1281: 1276:Wayback Machine 1267: 1263: 1249: 1248: 1244: 1235: 1233: 1224: 1223: 1219: 1210: 1208: 1199: 1198: 1194: 1184: 1182: 1173: 1172: 1168: 1159: 1158: 1154: 1133: 1129: 1119: 1117: 1112: 1111: 1107: 1094:"Ron Senkowski" 1092: 1091: 1087: 1066: 1062: 1053: 1051: 1042: 1041: 1037: 1028: 1026: 1017: 1016: 1012: 1003: 1001: 992: 991: 987: 978: 977: 973: 968: 946: 919:Rocket Network 695:Motion Factory 620:Elastic Reality 513: 497: 396:Martha Coolidge 391:Lost in Yonkers 354:Apollo Computer 350: 305:(NLE) systems, 292: 276: 265: 236: 219: 206: 189: 127: 120:, United States 97: 95: 92: 63: 32: 17: 12: 11: 5: 1622: 1621: 1618: 1610: 1609: 1604: 1599: 1594: 1589: 1584: 1579: 1574: 1569: 1564: 1559: 1554: 1549: 1544: 1534: 1533: 1530: 1529: 1527: 1526: 1521: 1517: 1515: 1508: 1507:External links 1505: 1502: 1501: 1477: 1452: 1413: 1389: 1364: 1340: 1315: 1290: 1279: 1261: 1242: 1217: 1192: 1166: 1152: 1127: 1105: 1085: 1060: 1035: 1010: 985: 970: 969: 967: 964: 963: 962: 957: 952: 945: 942: 939: 938: 936: 933: 930: 926: 925: 923: 920: 917: 913: 912: 910: 907: 901: 900: 898: 892: 889: 885: 884: 882: 879: 875: 874: 872: 865: 859: 858: 856: 853: 849: 848: 846: 839: 836: 832: 831: 828: 822: 818: 817: 810: 804: 799: 795: 794: 787: 784: 778: 777: 775: 772: 766: 765: 763: 757: 754: 750: 749: 742: 735: 732: 728: 727: 725: 722: 719: 715: 714: 712: 706: 702: 701: 699: 696: 693: 689: 688: 686: 676: 672: 671: 664: 653: 648: 644: 643: 641: 630: 626: 625: 623: 616: 613: 609: 608: 606: 603: 599: 598: 596: 589: 585: 584: 582: 571: 566: 562: 561: 559: 556: 552: 551: 549: 538: 533: 529: 528: 525: 522: 519: 512: 509: 496: 493: 468:Media Composer 394:, directed by 349: 346: 338:Media Composer 294: 293: 286: 285: 274: 270: 269: 266: 263: 260: 259: 254: 250: 249: 241: 233: 232: 224: 216: 215: 207: 202: 199: 198: 190: 185: 182: 181: 173: 169: 168: 153:Media Composer 146: 142: 141: 128: 125: 122: 121: 115: 111: 110: 107: 103: 102: 89: 85: 84: 80:, Technology, 75: 71: 70: 64: 59: 56: 55: 50: 46: 45: 15: 13: 10: 9: 6: 4: 3: 2: 1620: 1619: 1608: 1605: 1603: 1600: 1598: 1595: 1593: 1590: 1588: 1585: 1583: 1580: 1578: 1575: 1573: 1570: 1568: 1565: 1563: 1560: 1558: 1555: 1553: 1550: 1548: 1545: 1543: 1540: 1539: 1537: 1525: 1522: 1519: 1518: 1516: 1514: 1511: 1510: 1506: 1491: 1487: 1481: 1478: 1466: 1462: 1456: 1453: 1448: 1442: 1428: 1424: 1417: 1414: 1403: 1399: 1393: 1390: 1378: 1374: 1368: 1365: 1354: 1350: 1344: 1341: 1330:on 2012-06-28 1329: 1325: 1319: 1316: 1305:on 2014-05-25 1304: 1300: 1294: 1291: 1288: 1283: 1280: 1277: 1273: 1270: 1265: 1262: 1257: 1253: 1246: 1243: 1231: 1227: 1221: 1218: 1207: 1203: 1196: 1193: 1180: 1176: 1170: 1167: 1162: 1156: 1153: 1149: 1145: 1141: 1140:1-4382-0999-1 1137: 1131: 1128: 1116: 1109: 1106: 1101: 1100: 1095: 1089: 1086: 1082: 1078: 1074: 1073:0-240-80738-3 1070: 1064: 1061: 1049: 1045: 1039: 1036: 1024: 1020: 1014: 1011: 999: 995: 989: 986: 981: 975: 972: 965: 961: 958: 956: 953: 951: 948: 947: 943: 937: 934: 932:Orad Systems 931: 928: 927: 924: 921: 918: 915: 914: 911: 908: 906: 903: 902: 899: 896: 893: 890: 886: 883: 880: 877: 876: 873: 870: 867:developer of 866: 864: 861: 860: 857: 854: 851: 850: 847: 844: 840: 837: 833: 829: 827: 823: 820: 819: 815: 811: 808: 807:digital video 805: 803: 800: 796: 792: 788: 785: 783: 780: 779: 776: 773: 771: 768: 767: 764: 761: 758: 755: 751: 747: 743: 740: 739:file transfer 736: 733: 730: 729: 726: 723: 720: 717: 716: 713: 710: 707: 704: 703: 700: 697: 694: 690: 687: 685: 681: 677: 674: 673: 669: 665: 662: 658: 655:developer of 654: 652: 649: 645: 642: 639: 635: 632:developer of 631: 628: 627: 624: 621: 618:developer of 617: 614: 610: 607: 604: 601: 600: 597: 594: 590: 587: 586: 583: 580: 576: 573:developer of 572: 570: 567: 563: 560: 557: 554: 553: 550: 547: 543: 539: 537: 534: 530: 526: 523: 520: 517: 516: 510: 508: 506: 501: 494: 492: 490: 485: 483: 480:In May 2023, 478: 475: 471: 469: 465: 461: 456: 454: 445: 437: 429: 421: 417: 415: 411: 410: 405: 404:Academy Award 402:accepted the 401: 397: 393: 392: 387: 383: 379: 375: 371: 367: 363: 359: 355: 347: 345: 343: 339: 335: 331: 330:feature films 327: 322: 320: 316: 312: 308: 304: 300: 291: 287: 283: 275: 271: 267: 261: 258: 255: 251: 242: 239: 234: 225: 222: 217: 208: 205: 200: 191: 188: 183: 174: 170: 166: 162: 158: 154: 150: 147: 143: 139: 136:​  133: 130:Jeff Rosica ( 129: 123: 119: 116: 112: 108: 104: 90: 86: 83: 79: 76: 72: 68: 65: 62: 57: 54: 51: 47: 43: 38: 30: 26: 22: 1493:. Retrieved 1490:www.avid.com 1489: 1480: 1469:. Retrieved 1467:. 2003-04-10 1464: 1455: 1430:. Retrieved 1426: 1416: 1405:. Retrieved 1401: 1392: 1381:. Retrieved 1376: 1367: 1356:. Retrieved 1352: 1343: 1332:. Retrieved 1328:the original 1318: 1307:. Retrieved 1303:the original 1293: 1282: 1264: 1255: 1245: 1234:. Retrieved 1229: 1220: 1209:. Retrieved 1205: 1195: 1183:. Retrieved 1178: 1169: 1155: 1130: 1118:. Retrieved 1108: 1097: 1088: 1063: 1052:. Retrieved 1050:. 2019-06-19 1047: 1038: 1027:. Retrieved 1023:the original 1013: 1002:. Retrieved 998:the original 994:"About Avid" 988: 974: 770:Bomb Factory 680:Grass Valley 657:Softimage|3D 511:Acquisitions 502: 498: 486: 479: 476: 472: 460:Avid Free DV 457: 450: 407: 406:for editing 400:Walter Murch 389: 386:Emerson Park 385: 377: 351: 323: 298: 297: 289: 268:1,485 (2022) 238:Total equity 221:Total assets 159:, Avid Play 114:Headquarters 49:Company type 1524:SEC filings 1377:Ceri Thomas 841:high-speed 721:iKnowledge 334:commercials 165:MBOX Studio 109:Bill Warner 69:: AVID 1536:Categories 1495:2019-12-17 1471:2020-05-14 1432:2019-12-17 1407:2019-12-17 1383:2019-12-17 1358:2019-12-17 1334:2022-06-23 1309:2014-05-25 1236:2023-08-09 1211:2023-06-30 1185:19 October 1150:page 84-85 1054:2020-05-12 1029:2009-01-16 1004:2009-01-16 966:References 684:Lightworks 569:Digidesign 464:Xpress Pro 204:Net income 161:Avid VENUE 126:Key people 82:Multimedia 21:multimedia 1465:Mixonline 1048:APB+ News 897:software 826:Pro Tools 812:2012 (to 789:2012 (to 744:2007 (to 666:2008 (to 661:Microsoft 651:Softimage 602:Newsview 575:Pro Tools 546:Lucasfilm 536:EditDroid 518:Acquired 149:Pro Tools 132:president 61:Traded as 1441:cite web 1272:Archived 1120:27 April 944:See also 905:Euphonix 869:Sibelius 675:NewStar 668:Autodesk 638:Illusion 524:Details 521:Company 157:Sibelius 145:Products 74:Industry 1427:fxguide 1206:Reuters 1083:page 13 791:inMusic 782:M-Audio 741:system 634:Matador 482:Reuters 374:editors 370:Moviola 348:History 273:Website 172:Revenue 106:Founder 98:1987-08 96: ( 88:Founded 53:Private 1146:  1138:  1079:  1071:  821:Wizoo 746:Aspera 588:Basys 495:Awards 366:Melies 332:, and 67:Nasdaq 929:2015 916:2012 888:2010 835:2006 814:Corel 798:2005 753:2004 731:2003 718:2002 692:2000 647:1998 612:1995 579:Venue 565:1994 532:1993 527:Sold 505:Oscar 280:.avid 253:Owner 134:& 1447:link 1187:2019 1179:Avid 1144:ISBN 1136:ISBN 1122:2017 1099:IMDb 1077:ISBN 1069:ISBN 843:RAID 756:NXN 282:.com 709:DDR 489:STG 416:). 382:EDL 278:www 138:CEO 1538:: 1488:. 1463:. 1443:}} 1439:{{ 1425:. 1400:. 1375:. 1351:. 1254:. 1228:. 1204:. 1177:. 1142:, 1096:. 1075:, 1046:. 816:) 793:) 748:) 670:) 663:) 636:, 344:. 336:. 328:, 313:, 309:, 155:, 151:, 1498:. 1474:. 1449:) 1435:. 1410:. 1386:. 1361:. 1337:. 1312:. 1258:. 1239:. 1214:. 1189:. 1163:. 1124:. 1102:. 1057:. 1032:. 1007:. 140:) 100:) 31:.

Index

multimedia
Advancement Via Individual Determination
AVID (disambiguation)

Private
Traded as
Nasdaq
Computer software
Multimedia
Burlington, Massachusetts
president
CEO
Pro Tools
Media Composer
Sibelius
Avid VENUE
MBOX Studio
Operating income
Net income
Total assets
Total equity
Symphony Technology Group
www.avid.com
non-linear editing
video editing software
audio editing software
music notation software
Burlington, Massachusetts
television shows
feature films

Text is available under the Creative Commons Attribution-ShareAlike License. Additional terms may apply.