Renaissance Capital logo

Street research for Envivio expected on May 21

May 16, 2012

Street research for Envivio, which sells a video processing software platform to telecoms and cable service providers, is expected to be released on 5/21/12. On 4/24/12, the company raised $69.8 million by offering 7,755,000 shares at $9.00, below the range of $10.00 to $12.00. Goldman Sachs, Deutsche Bank and Stifel Nicolaus Wiesel acted as joint bookrunners on the deal.