Avid Technology Inc - Company Profile
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Avid Technology Inc (Avid) is a provider of digital solutions. R&D, revenue backlog, and sales channels are the company's major strengths, even as, liquidity position remains the major cause for concern. Positive outlook for global movies and entertainment industry, launch of new products and services, and global cloud computing market are likely to offer growth opportunities to the company. However, intense competition, foreign currency risks, and dependence on third parties for manufacturing could affect its business operations.
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