Synamedia, the technology company created from Cisco’s service provider video arm and backed by Permira, has named Envivio founder and former CEO Julien Signes as senior vice-president and general manager of its video processing business unit. Signes will head up the unit with a focus on the industry’s ongoing transition to software-based encoding for broadcast […]
Encoding specialist Envivio reported a “significant progress towards profitability” in its most recent quarter after cutting its net loss to US$0.6 million. The company said that revenue of US$11.7 million, which was up slightly year-on-year, was driven by “several large tier-one customer wins.” “We continue to balance our progress toward profitability with investing in our […]
Envivio is “starting to see results” from the increased adoption of its video processing software solutions among its customer base, the firm said in its latest earnings announcement. Detailing its results for the fourth quarter and fiscal year 2015 ending January 31, the multiscreen video specialist said that quarter-over-quarter revenues improved, despite being down on […]
