DivX NEC Electronics sign licensing deal; terms not disclosed

By AP
Tuesday, August 18, 2009

DivX, NEC Electronics sign licensing deal

SAN DIEGO — Video technology company DivX Inc. said Tuesday it has signed a multiyear licensing agreement with Japanese chip company NEC Electronics Corp.

Financial terms were not disclosed.

The deal is to integrate DivX’s high-definition technology into NEC chips designed to power Blu-ray players, digital televisions and set-top boxes.

Shares of DivX rose 10 cents, or 2 percent, to $5.14 in afternoon trading.
Filed under: Business, Corporate, Corporate News, Industrial Products and Services, Industries

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Ca4nul Electronics
August 19, 2009: 11:27 am

then it means we can run divX video on Blu-ray players.
it is exciting news
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