Envivio announces HEVC Early Access Program, collaboration with Broadcom Envivio (ENVI) announced its HEVC Early Access Program for customers seeking to implement HEVC encoding. Initial HEVC software deployments are expected to begin with selected customers in Q2. Envivio and Broadcom (BRCM) are working on HEVC encoder and decoder interoperability in order to provide a solution ahead of commercial market deployments.
Broadcom pullback a buying opportunity, says Canaccord Canaccord said the pullback in Broadcom due to weakness in the semiconductor space is a buying opportunity. The firm believes the company is well positioned for steady long-term growth in its Home and Infrastructure businesses. Canaccord reiterates its Buy rating on Broadcom but lowers its price target to $45 from $46.