Avid Technology, INC.: insider trades · United States · SEC (Form 4)

About Avid Technology, INC.

Avid Technology, Inc. is a U.S.-based technology company historically focused on professional tools for the media, entertainment, and content-production industries. Although the AVID equity is no longer publicly traded, the company was listed on the NASDAQ before it was taken private in November 2023 following its acquisition by an affiliate of STG. Avid remains headquartered in Burlington, Massachusetts, United States. Its business model has long centered on mission-critical software and integrated workflows used to create, manage, collaborate on, and distribute audio and video content. ([sec.gov](https://www.sec.gov/Archives/edgar/data/896841/000183988223030181/ex99-1.htm?utm_source=openai)) Founded in the late 1980s, Avid built its reputation during the shift from analog to digital production and became one of the defining names in professional media technology. Over time, it established a strong brand in both video editing and audio production, with products that are widely recognized as industry standards. The company develops, markets, sells, and supports software and integrated solutions for content creation, post-production, collaboration, and distribution. Its customer base includes film studios, television networks, production houses, live-sound venues, recording studios, advertising agencies, government and educational organizations, and independent creators. ([sec.gov](https://www.sec.gov/Archives/edgar/data/896841/000089684123000019/avid-20221231.htm?utm_source=openai)) Avid’s core business lines are built around flagship software suites and production platforms. Its best-known products include Pro Tools, a leading digital audio workstation used across music, film, and broadcast audio production; Media Composer, one of the best-known professional video editing platforms; Sibelius, music notation software; and the MediaCentral platform, which is designed to connect creation, collaboration, storage, and distribution workflows. The company also offers control surfaces, live-sound systems, and related professional tools. This installed base and ecosystem orientation are key competitive advantages, especially in high-end production environments where reliability, compatibility, and workflow depth matter more than low-cost entry pricing. ([sec.gov](https://www.sec.gov/Archives/edgar/data/896841/000089684123000019/avid-20221231.htm?utm_source=openai)) From a geographic perspective, Avid has a global footprint, serving customers across North America, Europe, and other markets with meaningful media-production activity. Its exposure is primarily B2B and enterprise-oriented rather than consumer-driven. The most important recent corporate development was the 2023 take-private transaction: Avid announced and then completed its acquisition by STG for roughly $1.4 billion, and its common stock ceased trading on the NASDAQ on November 7, 2023. For investors, that means AVID should now be viewed as a former U.S.-listed name with a private-equity ownership structure, while its underlying business remains tied to secular demand for professional media creation and workflow software. ([sec.gov](https://www.sec.gov/Archives/edgar/data/896841/000138713123009509/ex99-1.htm?utm_source=openai))