Euromedia November December - Page 28

ibc1112_ibc 10/12/2015 18:16 Page 1 ith echoes of IBC in 2014, when it announced the acquisition of Phabrix, Ericsson ensured it would grab the headlines in advance of the show opening by announcing the acquisition of Envivio, a provider of softwarebased video processing and delivery solutions, in a deal worth $125 million. “The uniting of Envivio’s pioneering software solutions and Ericsson’s strength in the marketplace is a great combination for our customers and stockholders,” said Julien Signès, founder and CEO of Envivio. “Ericsson shares a similar vision for the future of vid [