Synamedia appoints former Envivio CEO to lead video processing | Major Businesses | Business
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Independent video software and solutions company Synamedia has appointed video software compression pioneer and Envivio founder and CEO, Julien Signes, as senior vice president and general manager of its video processing business unit.

synamedia signes 9Jan2019Signes, who made his career in video processing and in 2000 founded compression specialist Envivio will lead Synamedia’s video processing business as the industry transitions to software-based encoding for broadcast, as well as for OTT, using either on-premise or cloud-based solutions running on commodity hardware.

At Envivio CEO Signes led the company through private equity financing and a NASDAQ IPO to create a global leader in software-based video encoding that was acquired by Ericsson in 2015. Since 2017, Signes has been advising emerging video technology businesses on strategy, investment, and helping them scale to global markets. He has also provided advice to Atlantic Bridge, a global venture capital firm and one of the early shareholders in Envivio. Prior to Envivio, Signes worked at France Telecom (now Orange) leading a team that worked on the development of MPEG-4, resulting in seven key patents for virtual reality and 3D graphics support required for MPEG-4. He also led the development of the first end-to-end software MPEG-4 implementation.

“As video consumes an increasing volume of the global IP traffic, successfully monetising the opportunities around 4K and 8K requires a flexible video processing infrastructure that can scale cost effectively,” Signes remarked. “Synamedia meets this demand thanks to its impressive portfolio of video processing solutions with market-leading encoding and transcoding technologies including those originally developed at Cisco, Scientific Atlanta and NDS as well as the cloud expertise developed at Cisco.”

Yves Padrines, CEO of Synamedia, added: “Julien is one of only a handful of people to combine technical prowess in video processing with acute business acumen. At Envivio, Julien spearheaded the evolution of video processing from a hardware focus to the software and cloud-based video businesses emerging today. His deep understanding of cloud architectures for video processing will ensure Synamedia customers have access to the most advanced techniques for fast, efficient delivery of both OTT and live TV to their subscribers.”

The appointment comes hot on the heels of Synamedia revealing that leading European pay-TV firm Sky has taken a stake in the business, joining majority shareholder the Permira funds.