Avid Technology (AVID)

Overall impact
C (57)

Commentary

Avid Technology is an average overall performer. With a 'C' rating of 56.6 for overall impact (56th percentile compared to all companies), Avid Technology ranks 13th out of 19 industry peers, behind Glu Mobile, Gigamedia, Mogul Games Group and 9 others, and ahead of Integrated Media Technology, Sea Limited, Gravity and 3 others. On top material causes for Avid Technology's industry (Software & Services), Avid Technology performs poorly in Lgbtq Equality (31.8 score) and Arts and Culture Access (35.4). Avid Technology did not receive an 'A' rating on any cause.
Impact
Cause AVID
Peer rank
Overall impact

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Impact trend

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Company
Employees
1,485
Sector
Communication Services
Industry
Technology Hardware, Storage & Peripherals
Sub-industry
Interactive Home Entertainment
SASB industry
Software & IT Services
Headquarters
Ma, United States
Share classes
AVID
Description
Avid Technology, Inc., together with its subsidiaries, develops, markets, sells, and supports software and integrated solutions for video and audio content creation, management, and distribution in the United States and internationally. The company's video products and solutions include the Media Composer, a cloud-enabled solution used to edit video content; Avid NEXIS shared storage systems; Maestro solutions for the integration of virtual sets, augmented reality, and video wall control into existing workflows; AirSpeed 5000 and AirSpeed 5500 on-air server solutions; and MediaCentral, a media production suite. Its audio products and solutions comprise Pro Tools digital audio software solutions to facilitate the audio production process; Sibelius solution to create, edit, and publish musical scores; S1 and dock line audio control surface; S4 and S6 audio control surfaces; and VENUE | S6L live sound system for mixing audio for live sound reinforcement. The company also provides Avid Link, a mobile application to connect with other artists, producers, mixers, composers, editors, videographers, movie makers, and graphic designers; FastServe video server that assists broadcasters in making the move to UHD and IP based workflows with a new and modular architecture; and hardware products, such as I/O devices, interfaces, and audio and video processing equipment. In addition, it offers various maintenance contracts and support services; professional services, such as workflow design and consulting, program and project management, system installation and commissioning, and custom development and role-based product level training; and public and private training to customers and alliance partners. The company also develops and licenses curriculum content for use by third party Avid Learning partners to deliver training to customers, users, and alliance partners. Avid Technology, Inc. was incorporated in 1987 and is headquartered in Burlington, Massachusetts.
Material causes
Ethos considers the following causes material for Avid Technology, based on its industry sub-industry Interactive Home Entertainment. Learn more about material causes in our methodology overview.

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