Five years ago this week… Ericsson had acquired US video encoding company Envivio to expand its video compression strategies. The $125 million price tag was premium to say the least considering the company only had $32 million in the bank, and the stock market had it valued at $54 million. The company was probably willing to spend anything to show up Amazon, who had just swiped leading US encoding firm and Envivio rival, Elemental Technologies. Elemental had partnered with Ericsson on the Ericsson Virtualized Encoding Platform (EVE), so a sense of loss likely spurred Ericsson into action. Although undoubtedly the second prize, Envivio still had around 300 TV service providers as clients, including AT&T, Comcast, Liberty Global, Sky and Telstra.…