Wednesday, June 19, 2013
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Intel Joins Alliance for Wireless Power Board of Directors
HBO GO And WatchESPN Come to Apple TV
Segate Says The World's Fastest Enterprise Hard Drive Is a Hybrid
ECS Reveals Motherboard With AMD Kabini SoC
Kodak Seeks Approval for $406 Million Rights Offering
Sony Pulls Faulty Firmware For PlayStation 3
Wi-Fi Alliance Kicks Off 5G Wi-Fi Certification Program
HTC Butterfly S And Desire 600 Heading To China
Active Discussions
CD Architect fails to burn CD
Google to launch Chrome operating system.
Windows xp
CDR for car Sat Nav
deleted
CD Drive Retrieve
burning
Extremely Slow External CD (Samsung SE-S084C)
 Home > News > Consumer Electronics > Sonic C...
Last 7 Days News : SU MO TU WE TH FR SA All News

Friday, October 08, 2010
Sonic Completes DivX Acquisition


Sonic Solutions today announced that it has completed the acquisition of DivX, Inc.

The addition of DivX brings widely deployed digital media technologies, an embedded CE footprint of over 300 million devices, a strong consumer brand, and a global market presence to Sonic's position as a supplier of services and technologies for the distribution of premium video content over the Internet.

"The acquisition of DivX accelerates our vision to make accessing entertainment over the Internet directly from home and mobile devices as pervasive as physical disc consumption is today," said David Habiger, President and CEO of the combined company. "With DivX, we instantly add hundreds of millions of consumer electronics devices to our footprint; make it faster and more efficient for device manufacturers, retailers, and Studios to launch digital services; and increase our global reach, particularly in the European market."

Sonic has worked with Hollywood for more than a decade to bring movies to consumers. Sonic's Roxio division leads the industry for consumer media creation and management applications with hundreds of millions of units shipped. Sonic's RoxioNow division develops and licenses a universal "over-the-top" video platform for retailers, Hollywood Studios, consumer electronics manufacturers, and PC OEMs to offer movies and TV shows over the internet. Major retailers - Best Buy, Blockbuster, Sears/Kmart, Cineplex Entertainment, HP, Dell and many others - today license RoxioNow to power online video stores, while CE companies - Fujitsu, Funai Electric, LG, Panasonic, Pioneer, Samsung, Sony, and others - embed the RoxioNow platform in over 350 product models.

The acquisition of DivX brings Sonic an installed base of CE devices, all of which ship with Digital Rights Management (DRM) for the secure playback of Hollywood movies even when not connected to the Internet. DivX's DRM, an important ingredient for the secure distribution of copyrighted video content, has been approved by major Hollywood Studios. DivX's H.264 video encoding tools serve as the de-facto standard for a wide variety of premium content stored in "the cloud" for delivery over the internet. Finally, DivX's strong global presence and recognized brand will speed Sonic's expansion into more geographical markets.

The shareholders of both Sonic and DivX separately approved the merger that was previously announced by the two companies on June 2 of this year.


Previous
Next
OCZ To Produce New SandForce-Driven Deneva Series of SSDs        All News        Japan Mobile Audience 'Most Connected' with 3 of 4 Users Accessing Mobile Media in June
24m Blu-ray Players Will Be Sold This Year     Consumer Electronics News      Cisco Unveils Home Videoconferencing Product

Get RSS feed Easy Print E-Mail this Message

Related News
Panasonic, Toshiba Showcase High-resolution Flexible OLED Displays
Panasonic Develops High Efficiency White OLED for Lighting
Panasonic May Fully Absorb Sanyo Electric
DivX Releases HEVC Video Profiles
Seasonic And Corsair Power Supplies Ready for Intel's Haswell Processors
Panasonic Sees Recovery Besides Loss
Panasonic Announces Pricing Of 2013 Blu-ray Disc Player Lineup
Rovi Introduces HEVC-Ready DivX Video Service
Panasonic to Delist from NYSE And Terminate Registration with the SEC
New Panasonic BD players Output 4K Video
Panasonic Releases New SD UHS-II - PCI-Express Bridge LSIs
Panasonic May Exit Plasma, Healthcare Businesses

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2013 - All rights reserved -
Privacy policy - Contact Us .