<s>
The	O
company	O
's	O
VidyoConferencing	O
products	O
are	O
the	O
first	O
in	O
the	O
videoconferencing	B-Application
industry	O
to	O
take	O
advantage	O
of	O
the	O
H.264	B-Application
standard	O
for	O
video	O
compression	O
,	O
Scalable	B-Application
Video	I-Application
Coding	I-Application
(	O
SVC	O
)	O
.	O
</s>
<s>
Vidyo	B-Protocol
was	O
founded	O
by	O
Ofer	O
Shapiro	O
,	O
who	O
had	O
developed	O
the	O
first	O
IP	O
video	B-Application
conferencing	I-Application
bridge	O
and	O
programmable	O
gatekeeper	O
technology	O
at	O
Radvision	B-Protocol
.	O
</s>
<s>
He	O
left	O
Radvision	B-Protocol
in	O
early	O
2004	O
to	O
develop	O
improved	O
video	B-Application
conferencing	I-Application
networks	O
.	O
</s>
<s>
Costly	O
dedicated	O
networks	O
and	O
expensive	O
Multipoint	B-Protocol
Control	I-Protocol
Units	I-Protocol
(	O
MCU	O
)	O
,	O
which	O
exacerbated	O
delay	O
due	O
to	O
transcoding	O
or	O
forced	O
all	O
endpoints	O
to	O
conform	O
to	O
the	O
least	O
common	O
denominator	O
endpoint	O
quality	O
,	O
were	O
the	O
only	O
products	O
the	O
industry	O
had	O
to	O
offer	O
at	O
that	O
time	O
.	O
</s>
<s>
He	O
realized	O
that	O
to	O
take	O
advantage	O
of	O
state	O
of	O
the	O
art	O
H.264	B-Application
compression	O
technology	O
,	O
the	O
fundamental	O
technology	O
behind	O
video	B-Application
conferencing	I-Application
systems	O
had	O
to	O
change	O
Shapiro	O
's	O
efforts	O
resulted	O
in	O
a	O
paradigm	O
shift	O
for	O
the	O
video	B-Application
conferencing	I-Application
industry	O
-	O
a	O
new	O
system	O
architecture	O
.	O
</s>
<s>
It	O
was	O
based	O
upon	O
Scalable	B-Application
Video	I-Application
Coding	I-Application
(	O
SVC	O
)	O
which	O
allowed	O
for	O
error	O
resiliency	O
which	O
was	O
absent	O
in	O
monolithic	O
encoding	O
schemes	O
that	O
were	O
common	O
throughout	O
the	O
industry	O
.	O
</s>
<s>
The	O
full	O
benefit	O
of	O
SVC	O
required	O
re-designing	O
both	O
the	O
endpoint	O
(	O
client	O
)	O
and	O
MCU	O
(	O
server	O
)	O
,	O
a	O
costly	O
and	O
time-consuming	O
proposition	O
for	O
incumbent	O
providers	O
of	O
video	B-Application
conferencing	I-Application
systems	O
.	O
</s>
<s>
Operating	O
in	O
stealth	O
mode	O
through	O
the	O
beginning	O
of	O
2007	O
,	O
Shapiro	O
's	O
team	O
created	O
a	O
video	B-Application
conferencing	I-Application
product	O
with	O
HD	O
quality	O
video	O
,	O
that	O
effectively	O
addressed	O
the	O
interactivity	O
inhibiting	O
delay	O
common	O
in	O
legacy	O
systems	O
,	O
and	O
enabled	O
each	O
end	O
point	O
to	O
send	O
and	O
receive	O
at	O
its	O
highest	O
quality	O
levels	O
,	O
irrespective	O
of	O
the	O
other	O
end	O
points	O
and	O
the	O
network	O
.	O
</s>
<s>
Shortly	O
after	O
Layered	O
Media	O
changed	O
its	O
name	O
to	O
Vidyo	B-Protocol
,	I-Protocol
Inc	I-Protocol
.	O
</s>
<s>
By	O
the	O
beginning	O
of	O
2008	O
,	O
Vidyo	B-Protocol
emerged	O
from	O
stealth	O
mode	O
with	O
a	O
product	O
offering	O
for	O
the	O
enterprise	O
market	O
and	O
an	O
annual	O
licensing	O
price	O
model	O
which	O
lowered	O
the	O
start	O
up	O
cost	O
barrier	O
for	O
organizations	O
looking	O
to	O
implement	O
a	O
video	B-Application
conferencing	I-Application
solution	O
.	O
</s>
<s>
In	O
the	O
first	O
quarter	O
of	O
2009	O
,	O
Vidyo	B-Protocol
raised	O
another	O
round	O
of	O
funding	O
,	O
led	O
by	O
Menlo	O
Ventures	O
joining	O
Rho	O
Ventures	O
,	O
Sevin	O
Rosen	O
Funds	O
,	O
and	O
Star	O
Ventures	O
.	O
</s>
<s>
In	O
May	O
2010	O
,	O
Vidyo	B-Protocol
launched	O
its	O
Software	O
Development	O
Kit	O
(	O
SDK	O
)	O
,	O
enabling	O
developers	O
to	O
build	O
multipoint	O
video	B-Application
conferencing	I-Application
applications	O
into	O
Android	O
and	O
Moblin-based	O
smart	O
phones	O
and	O
tablets	O
running	O
Intel	O
Atom	O
Processor	O
Z6xx	O
series-based	O
platforms	O
(	O
formerly	O
Moorestown	O
)	O
and	O
on	O
ARM	O
processor-based	O
platforms	O
.	O
</s>
<s>
In	O
June	O
2010	O
,	O
at	O
Infocomm	O
in	O
Las	O
Vegas	O
,	O
Vidyo	B-Protocol
demonstrated	O
the	O
first	O
videoconferencing	B-Application
system	O
to	O
attain	O
1440p	O
(	O
decode	O
)	O
,	O
at	O
2560	O
x	O
1440p	O
resolution	O
,	O
in	O
an	O
HD	O
multiparty	O
video	B-Application
conference	I-Application
via	O
general	O
purpose	O
IP	O
networks	O
.	O
</s>
<s>
In	O
May	O
2012	O
,	O
Vidyo	B-Protocol
announced	O
a	O
fourth	O
round	O
of	O
funding	O
securing	O
$22.5	O
million	O
bringing	O
the	O
total	O
amount	O
invested	O
to	O
$97	O
million	O
.	O
</s>
<s>
In	O
April	O
2013	O
,	O
Vidyo	B-Protocol
announced	O
a	O
fifth	O
round	O
of	O
funding	O
securing	O
$17.1	O
million	O
bringing	O
the	O
total	O
amount	O
invested	O
to	O
$116	O
million	O
.	O
</s>
<s>
In	O
March	O
2016	O
,	O
Vidyo	B-Protocol
integration	O
was	O
added	O
to	O
KioWare	O
Kiosk	O
System	O
Software	O
,	O
creating	O
a	O
video	B-Application
conferencing	I-Application
kiosk	O
solution	O
.	O
</s>
<s>
On	O
May	O
15	O
,	O
2019	O
it	O
was	O
announced	O
that	O
Vidyo	B-Protocol
,	I-Protocol
Inc	I-Protocol
.	O
was	O
acquired	O
by	O
Enghouse	O
Systems	O
Limited	O
(	O
TSX:ENGH	O
)	O
for	O
a	O
purchase	O
price	O
of	O
approximately	O
$40	O
million	O
.	O
</s>
<s>
Vidyo	B-Protocol
's	O
current	O
annual	O
revenue	O
is	O
approximately	O
$60	O
million	O
.	O
</s>
<s>
Video-chat	O
service	O
for	O
Nintendo	O
's	O
Wii	O
U	O
game	O
console	O
was	O
co-developed	O
with	O
Vidyo	B-Protocol
,	O
Nintendo	O
European	O
Research	O
&	O
Development	O
and	O
Nintendo	O
Software	O
and	O
Nintendo	O
Software	O
Technology	O
.	O
</s>
<s>
VidyoGateway	O
is	O
an	O
appliance	O
used	O
to	O
connect	O
legacy	O
video	B-Application
conferencing	I-Application
systems	O
with	O
the	O
VidyoConferencing	O
network	O
.	O
</s>
