Summary of AVID TECHNOLOGY, INC.

Item 5.02. Departure of Directors or Certain Officers; Election of Directors;
Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

(d) On October 20, 2009, the Board of Directors (the "Board") of Avid Technology, Inc. (the "Company"), based upon a recommendation from the Nominating and Governance Committee of the Board, elected Robert M. Bakish as a Class II Director of the Company with a term expiring at the Company's 2010 Annual Meeting of Stockholders.

In accordance with the Company's director compensation program, Mr. Bakish will receive an annual retainer of $45,000 for his service on the Board. He will also receive $3,000 for each Board meeting that he attends. In addition, Mr. Bakish, upon his election to the Board, was granted 2,000 restricted stock units, with each unit representing the right to receive one share of the Company's common stock, $.01 par value per share ("Common Stock"), and an option to purchase 7,000 shares of the Company's Common Stock at an exercise price per share of $14.84. The restricted stock units and the option will vest in full on the first anniversary of the date of grant. As an outside director, Mr. Bakish will also be entitled to receive an option to purchase shares of the Company's Common Stock, restricted stock awards and/or restricted stock unit awards on the date of each annual meeting of the Company's stockholders, provided that he has then served a minimum of six months on the Board, pursuant to the terms of the Company's Amended and Restated 2005 Stock Incentive Plan.

The full text of the press release announcing the election of Mr. Bakish to the Board is furnished as Exhibit 99.1 to this Current Report on Form 8-K.