A prototype of their first non-linear editing system, the Avid/1 Media Composer, was shown at the National Association of Broadcasters (NAB) convention in April 1988.

The Avid/1 was based on an Apple Macintosh II computer, with special hardware and software of Avid's design installed.

In 1996 Walter Murch accepted the Academy Award for editing The English Patient (which also won best picture), which he cut on the Avid.

On March 29, 1999, Avid Technology, Inc. adjusted the amount originally allocated to IPR&D and restated its third-quarter 1998 consolidated financial statements accordingly, considering the SEC's views.

In February 2018, Avid appointed Jeff Rosica as CEO, after terminating Louis Hernandez Jr, who was accused of workplace misconduct.

[13] 2000: Avid received an Emmy Award recognizing outstanding achievement in technological advancement for broadcast-quality PC video and compression plug-in cards.

2004: Digidesign receives an Oscar statuette representing the 2003 Scientific and Technical Award for the design, development and implementation of the Pro Tools digital audio workstation.

2008: Digidesign ICON integrated console earns the Cinema Audio Society Technical Achievement Award.

2008: Pinnacle Studio Ultimate 11 receives PC Magazine’s Editors’ Choice award for Consumer Video Editing Software bringing the number of consumer and retail awards received by the Pinnacle Studio product line to 36 since its May 2007 release.

2022: Avid NEXIS | Edge and Media Composer took home TVB Europe and TV Technology's NAB Best in Market Awards.