Anystream, an Internet infrastructure software company that specializes in enterprise-class streaming media encoding technology, cut 20-25 percent of its work force. The downsizing is said to be a method of cost control.
“Now more than ever, the market is valuing strong financial performance over growth,” company spokesperson Darian Germain told MacCentral. “As such, we have taken the necessary steps to better align our cost structure with our revenues.”
Apparently the company has reduced its staff by less than 20 people. Despite the reduction, Anystream’s QuickTime implementation won’t be impacted, Germain said.
In April, Anystream announced that its Agility Enterprise encoding platform would enable output of QuickTime along with Real Networks and Microsoft’s streaming from a live Webcasting event. The company also announced dynamic bit rate control over live event QuickTime streams, which gives content producers precise control over their end users’ streaming experience by automatically adjusting QuickTime streaming output to match stream bandwidth and frame rates with those available during a live event.
The company said this is a “technology breakthrough.” Since the stream can be adjusted remotely without interrupting the Webcast, viewers see the adjusted stream in real-time without having to restart their QuickTime Player, according to Geoff Allen, president and CEO of Anystream.