Consumers today demand a "anywhere, anytime, any device" media experience. With an installed base and rapidly growing market of billions of internet protocol (IP) enabled display devices encompassing tablets, smart phones, game consoles and connected smart TVs, pay-TV service providers see a tremendous opportunity to significantly reduce much dreaded capital spending by moving away from their traditional business model of one set-top box per TV. The new model embraces the gateway centric solution and enables the dream of a connected home by leveraging the intelligence and upgradeability of IP connected devices. However, this poses many challenges as content is broadcast in formats which are not supported on many IP devices. With over 100 million pay-TV subscribers in the US alone, this paradigm shift represents a significant market opportunity for a new silicon to address these challenges. Zenverge decided early on that in order to truly realize the gateway model, its technology needed to support processing of HD content for multiple devices in a single, cost effective IC that also significantly reduced memory requirements to bring down the overall systems costs. As a result, Zenverge ICs are the first in the industry to achieve quad-stream HD transcoding and have thus become the preferred content networking solution for pay-TV service providers and manufacturers of Gateways, Media Streamers, TVs, Blu-Ray players, MediaNAS devices and other sources of content worldwide.