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EYE IO, LLC Launches Video Encoding Technology with Netflix (NFLX) on Board

February 1, 2012 7:16 AM EST
NFLX Hot Sheet
Overall Analyst Rating:
    NEUTRAL (= Flat)

Revenue Growth %: +23.2%
Today EYE IO, LLC (eyeIO) makes its official debut as an Internet video streaming technology provider, announcing its first commercial license agreement with Netflix, Inc. (NASDAQ: NFLX), the leading global internet subscription service for movies and TV shows.

“eyeIO provides a straightforward solution for accommodating the rapidly growing demand for video delivery around the world by alleviating the overwhelming bandwidth currently required to stream video,” said Rodolfo Vargas, Co-Founder and Chief Executive Officer of eyeIO. “Our future could not look more promising as eyeIO continues to challenge the commonly accepted limits of Internet video delivery and enables everyone connected to the Internet to enjoy high quality video no matter where they are."

eyeIO video encoding is fully compliant with existing standards, making high quality video available anywhere in the world, on any connected device. The technology can be deployed as either a cloud or local solution and the enhanced video can be viewed without a custom video player or equipment modification.


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