Based on the article it sounds a lot like envelope tracking:
The new advance is essentially a blazingly fast electronic gearbox. It chooses among different voltages that can be sent across the transistor, and selects the one that minimizes power consumption, and it does this as many as 20 million times per second. The company calls the technology asymmetric multilevel outphasing.
But looking back at one of their papers: http://www-mtl.mit.edu/~jldawson/Dawson_digest2009.pdf it is not exactly envelope tracking. They are starting out with an outphasing amplifier (dividing the signal into two constant amplitude variable phase signals which can then be amplified with an efficient nonlinear amp and recombined into the original signal) and then adding a discretely variable drain bias (much like an envelope tracker) but the purpose of the variable drain voltage is actually to minimize power dissipation in the combiner's isolation resistor. Thus they compare their efficiency and linearity only to outphasing types of amplifiers. I would be curious to see how this stacks up to pure envelope tracking amplifiers.