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Avid Technology

Location: One Park West
Tewksbury, MA 01876
Phone: 978-640-6789
Employees: 2,613
CEO: David Krall
Website
: http://www.avid.com

Career Page

Avid is the leading maker of professional software for the motion picture, television and gaming industries. The company's flagship software, Media Composer, was introduced in 1989 and revolutionized production of TV shows and films by allowing easy editing on a desktop computer.

Many of the world's top television shows, commercials, music videos and movies are produced and edited using Avid technology. The company's software has earned it prestigious Oscar, Emmy and Grammy awards.

Avid has a broad range of software available for a variety of uses including editing corporate videos, motion pictures, animation and news broadcasts.

In 2005, Avid reported revenues of $775.4 million and net income of $33.9 million.

Headquartered in Tewksbury, Avid has a digital audio division (DigiDesign) in Daly City, CA and an animation division (SoftImage) located in Montreal. Avid products are marketed in 75 countries worldwide. The European headquarters is located in the United Kingdom. Asian headquarters is based in Singapore.

The company was founded in 1987.


Benefits and Perks

Avid provides employees with health coverage on their first day of employment. Dental, vision coverage and life insurance are also provided to employees as well as domestic partners.

All employees are eligible for stock option grants and annual bonuses are offered based on the company's unit and individual performance.

Tuition reimbursement is also offered up to $5250 per year.

Company headquarters in Tewskbury has a 24-hour fitness center.

Days Off

Avid celebrates 10 holidays per year. Full-time employees earn 3 weeks vacation during their first year. Part-time employees have prorated leave. The company also offers flexible work options.

Savings Plans

Avid offers a 401k plan administered by Fidelity where you can contribute from 1 to 60% of your salary. Avid will match 50% of the first 6% you contribute and the company match is immediately vested.

The company also offers an employee stock purchase plan with a 5% price discount.

Updated May 5, 2006

 

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