Envivio (ENVI) IPO Prices at $9, Below Expected View

April 25, 2012 10:34 AM EDT
Envivio Inc. (Nasdaq: ENVI) priced its IPO of 7,755,000 shares at $9, below the expected $10-$12 range. Shares will open on the Nasdaq later today.

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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