PixStream was a media player (application software) company based in Waterloo, Ontario, Canada

Canada

Canada is a North American country consisting of ten provinces and three territories. Located in the northern part of the continent, it extends from the Atlantic Ocean in the east to the Pacific Ocean in the west, and northward into the Arctic Ocean...

. They also manufactured hardware for delivering digital video over an ATM

Asynchronous Transfer Mode

Asynchronous Transfer Mode is a standard switching technique designed to unify telecommunication and computer networks. It uses asynchronous time-division multiplexing, and it encodes data into small, fixed-sized cells. This differs from approaches such as the Internet Protocol or Ethernet that...

 transport. PixStream was acquired by Cisco Systems

Cisco Systems

Cisco Systems, Inc. is an American multinational corporation headquartered in San Jose, California, United States, that designs and sells consumer electronics, networking, voice, and communications technology and services. Cisco has more than 70,000 employees and annual revenue of US$...

 on August 31, 2000 then promptly shut down. One year later, a small core of displaced PixStream employees were invited to join a new Waterloo Ontario company called Sandvine

Sandvine

Sandvine Incorporated , in Waterloo, Ontario, Canada.Sandvine network policy control products are designed to implement broad network policies, ranging from service creation, billing, congestion management, and security...

.