Avid Strengthens U.S. Media Market Distribution through Adistec Partnership
March 08 2022 - 10:10AM
Avid Technology, Inc. (NASDAQ: AVID) today announced the expansion
of its distribution agreement with Adistec Corp. into the U.S.
market for audio and video content production technologies. Since
initiating their partnership last year in support of business in
Latin America, Avid® has benefitted from Adistec’s ability to
accelerate distribution partner logistics, finance and other
business processes, keeping Avid on pace with demand for its
content creation and management products across television, film,
music, and education in that region.
Adistec is a value-added distributor of datacenter, networking
and security solutions, specializing in the discrete business and
technology requirements that vary widely from country to country.
Adistec complements its product portfolio with cloud services
running in several proprietary datacenters, as well as extensive
consulting and educational services. Many media, IT and networking
companies, including Fortune 1,000 brands, rely on Adistec to
extend their market reach and ensure customer delivery.
Avid’s Chief Revenue Officer Tom Cordiner said, “Avid initially
brought Adistec on board to accelerate our collaboration with our
numerous strategic partners to make them more successful in serving
their local markets. Our progress with Adistec in Latin America has
been very encouraging and we look forward to extending the benefit
of this alliance to Avid’s U.S. partner network and clients.”
Adistec President Fabian Sperman said, “We’re pleased to have
earned the trust of Avid and its partner network, who have built an
unparalleled, loyal customer base. We’re eager to get behind the
brand in the U.S. and add their success here.”
This week, Avid and Adistec are co-hosting their first annual
LATAM Summit, welcoming sales distribution partners from across
region to explore the wide range of Avid product innovations, from
subscription and cloud-based content creation tools and platforms
to integrated solutions for media storage and management.
Avid and Adistec collaborate on customer education activities
including tutorials and networking events for the professional
media community in cities throughout the Americas, including Miami
where Adistec runs an Avid NEXIS® media storage system in its data
center and headquarters. Upcoming event themes include immersive
audio production with the Pro Tools® digital audio workstation, and
remote collaboration in video post-production with Avid NEXIS |
EDGE™. Follow Avid’s LATAM social channels instagram.com/avidlatam,
twitter.com/avid_ESP, and twitter.com/avid_POR for updates about
upcoming events.
About Adistec Adistec is a leader
in value-added distribution in the Americas, including the U.S.,
Latin America and the Caribbean. Established in 2002, our
organization delivers 100% IT solutions through channels. We are a
team of professionals specialized in Datacenter and Security
bringing a portfolio of leading brands in each of these areas to
our business partners. We strengthen our partners' business through
five business units: Distribution, Education, Professional
Services, Cloud Solutions and Adistec Integrated Solutions.
Avid Powers Greater Creators People who
create media for a living become greater creators
with Avid’s award-winning technology solutions to make,
manage and monetize today’s most celebrated video and
audio content—from iconic movies and bingeworthy TV series, to
network news and sports, to recorded music and the live stage. What
began more than 30 years ago with our invention of
nonlinear digital video editing has led to individual
artists, creative teams and organizations everywhere
subscribing to our powerful tools and collaborating securely in the
cloud. We continue to re-imagine the many ways editors, musicians,
producers, journalists and other content creators will bring their
stories to life. Discover the possibilities
at avid.com and join the conversation on social media
with the multitude of brilliant creative people who choose Avid for
a lifetime of success.
© 2022 Avid Technology, Inc., Avid, its logo, Pro
Tools, Avid NEXIS and Avid NEXIS | EDGE are trademarks or
registered trademarks of Avid Technology, Inc. or its subsidiaries
in the United States and/or other countries. All rights reserved.
Other trademarks are property of their respective owners.
Product features, specifications, system requirements and
availability are subject to change without notice.
PR Contact:AvidDave
Smith978.502.9607david.smith@avid.com
Avid Technology (NASDAQ:AVID)
Historical Stock Chart
From May 2024 to Jun 2024
Avid Technology (NASDAQ:AVID)
Historical Stock Chart
From Jun 2023 to Jun 2024