Envivio Inc was incorporated in Delaware on January 5, 2000. It is a provider of software-based IP video processing and distribution solutions that enables the delivery of video to consumers. Based on Company's video compression and video processing networking technologies, its solutions enable service providers and content providers to offer high-quality video anytime, anywhere, across video formats, networks, consumer devices and operating systems. Its software-based solutions run on industry-standard hardware and include encoders, transcoders and network media processors, all controlled through network management system. It enables service providers and content providers to deliver linear broadcast and on-demand video services to their customers via multiple screens, such as TV, tablets, smartphones, laptops, PCs and gaming devices. The video can be delivered to end users either across service providers' managed networks or outside the boundaries of networks over the open Internet, referred to as over-the-top, or OTT. Its customers include mobile and wireline telecommunications service providers, cable multiple system operators, or MSOs, direct broadcast satellite service providers, or DBSs, and content providers, which includes broadcasters and content publishers, owners, aggregators and licensees. The Company distributes products and solutions through a network of channel partners, which includes telecommunications systems integrators throughout the world, as well as through own direct sales force. The Company provides additional flexibility to customers by offering continuous software enhancements and reconfigurations to adapt to the rapidly evolving consumer device landscape and solutions conform to international telecommunications standards. The video market segments include: Digital Pay-TV, Mobile Video and Over-the-Top Video. Digital Pay-TV is operated over a managed network and is characterized by quality of consumer experience and standards of security, interactivity and reliability. The combination of advanced, user-friendly mobile devices coupled with the proliferation of 3G, 4G and Wi-Fi broadband networks, as well as the evolution of business models that support the creation and deployment of video-enabled applications and services, has accelerated the demand for mobile video. As more consumers obtain access to broadband connectivity, it is now possible for broadcasters and content publishers, owners, aggregators and licensees to target consumers directly over the open Internet infrastructure with an acceptable video and service quality. Over-the-Top can be delivered through any broadband network, such as cable, DSL, 3G and Wi-Fi. Its geographical areas include USA, Asia Pacific and EMEA. Its customers include the service providers: nine of the broadband service providers including seven of the top eight U.S. cable service providers, and eight of the mobile service providers.