Thursday, February 2, 2012

Netflix Licenses Streaming EYE IO's Streaming Technology

EYE IO, a start-up based in Palo Alto, California, announced the first commercial license of its Internet video streaming technology with Netflix.


eyeIO said its video encoding is fully compliant with existing standards. 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.


“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 tohttp://www.eyeio.comeyeIO was founded by Charles Steinberg, former CEO of Ampex Corporation and former President of the Business and Professional Products Company of Sony Electronics; Robert C. Hagerty, former Chairman and CEO of Polycom; and Rodolfo Vargas, former Senior Program Manager of Video at Microsoft and former Co-Chairman of Video Streaming and Internet Interactivity at the DVD Forum.

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