Envivio (ENVI) IPO Opens Higher After Lowering Pricing

April 25, 2012 11:12 AM EDT
The IPO for Envivio Inc. (Nasdaq: ENVI) opened at $9.35 after pricing 7,755,000 shares at $9, below the expected $10-$12 range.

Underwriters for the offering are Goldman, Sachs & Co., Deutsche Bank, and Stifel Nicolaus

Envivio is a leader in solutions for multi-screen video processing and delivery. We design our solutions to remove the boundaries of traditional television and make the world's video content universally enjoyable by all viewers, on any device, across any network, at any time.


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