Video startup eyeIO emerges from stealth mode with Netflix as customer

It's a rare occasion for any startup company to come out of stealth mode with a major customer in hand. However, EyeIO (I-I-O, as in eye, input, output), a developer of H.264 encoding technology that it says delivers HD-quality video at ultra-low bandwidth, did just that by landing Netflix (Nasdaq: NFLX) as its first customer. Over at FierceTelecom's sister publication FierceOnlineVideo, Editor Jim O'Neill in his latest editorial talks about the new company and how it could help online video providers deliver a better video experience with less bandwidth. Article