New Strategic Purchasing Agreement Makes All Avid Audio and Video Solutions Available to Diversified's Clients through a Single Source
Avid (Nasdaq: AVID) today announced a new strategic purchasing agreement with Diversified, one of the world's largest media technology providers with offices across the globe whose clients include television broadcasters, post houses and other types of media companies, as well as a majority of Fortune 1000 companies.
As part of the agreement, Diversified has been named an Avid global partner, recognizing the worldwide reach and Avid-certified expertise of its workforce to specify, integrate, deploy and support all Avid products. Now, Diversified's media, corporate, government, higher education and house of worship clients in all geographies, excluding China, can count on a single source for all Avid tools and solutions to meet their rapidly evolving needs in video and audio content creation.
For more than 25 years, Diversified has recommended, rolled out and supported Avid tools and solutions for numerous broadcast and post-production users. We're now building on that success to bring the entire Avid portfolio to clients of all types, said Kevin Collins, president, Diversified. We serve the worlds top enterprise, sports, media and OTT organizations, each with a sophisticated vision for their media environments no matter what they're trying to deliver, from prime-time TV shows, game highlights on a stadium jumbotron, or video training a legion of employees. In all of these cases and more, our new agreement with Avid makes it possible for clients to rely on Diversified for the best of all available tools and solutions.
High-quality content creation and management is business-critical across media and, increasingly, in many other sectors such as large corporations, ad agencies and government for marketing, advertising, training and other needs. Diversified has proven its deep expertise and we're excited to expand this partner's access to Avid's entire product offering, said Tom Cordiner, Chief Revenue Officer, Avid. The consistent growth in our new strategic purchasing agreements demonstrates how Avid offers flexibility to our strongest partners to create much more opportunity for themselves and bring more value and capabilities to their clients.
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New Strategic Purchasing Agreement Makes All Avid Audio and Video Solutions Available to Diversified's Clients through a Single Source 
