Video hardware

RGB Raids Envivio

RGB Networks Inc. has made good on its promise to add a new chief technology officer before the IBC show in Amsterdam, hiring Envivio Inc. (NASDAQ: ENVI) co-founder and former chief scientist Dr. Yuval Fisher to the post.

Joining him at RGB is another ex-Envivio exec, Rudi Polednik, who's coming on board as senior director of international sales.

RGB CEO Jef Graham said it's purely coincidental that the vendor nabbed two guys who just happen to hail from Envivio. "Envivio has done well with IP video, and it's an obvious place we'd want to look for talent," he says.

But it's not a coincidence they're joining RGB just as the vendor looks to extend its traditional cable technology focus into the telco TV markets in North America, Asia/Pacific and Europe. (See RGB Remakes Itself for Global Growth and RGB's TV Everywhere Offer: A Video God Box .)

Oh, and it's still pursuing an initial public offering (IPO), with 2010 now a possibility.

"I'm kind of building my public team now and making those transitions now," Graham says, reiterating a belief that RGB must continue to diversify its product portfolio and customer roster in order to become successful public company. Graham estimates that about 25 percent of RGB's revenues presently come from outside the U.S.

Fisher is expected to get started at RGB by the end of the month once he wraps things up at Envivio, which, incidentally, has talked about a potential IPO of its own during the past year. (See Envivio Raises $25M for Triple-Play Encoding.)

Polednik has already joined RGB, and is expected to accompany Graham to visit IBC. All of RGB's international sales will report through Polednik.

Fisher, an IP video guru, helped Envivio develop the company's MPEG-4 encoding products. Before that he was involved with MPEG-4 at Rockwell International, Conexant Systems Inc. (Nasdaq: CNXT), and Orange (NYSE: FTE). He's joining RGB after Peter Monta, an RGB founder and former chief scientist, left the company. Edward Krauss, another founder and CTO, is still with RGB, but he is focused on Field Programmable Gate Array (FPGA) technology, and is there only on a part-time basis.

Polednik, who spent seven years at Envivio, previously held senior sales slots at Tiernan Communications, Paradigm Communications, Comstream, and BT Group plc (NYSE: BT; London: BTA). Sarah Hackforth, RGB's current international sales VP, who is based in the U.K., is leaving the company by the end of this month.

— Jeff Baumgartner, Site Editor, Cable Digital News

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