09.15.2009 - DivX and On2 Technologies Finland Oy Partner to Develop Multimedia Solutions for Mobile Devices and Set-top Boxes
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SAN DIEGO and CLIFTON PARK, N.Y., Sept 15, 2009 /PRNewswire-FirstCall via COMTEX News Network/ -- DivX, Inc. (Nasdaq: DIVX), a digital media company, and On2 Technologies Finland Oy, a leading supplier of embedded multimedia solutions to chip manufacturers, today announced a license agreement for DivX(R) technology. The agreement enables On2 Technologies Finland Oy to develop hardware-based Intellectual Property (IP) video cores for mobile devices and set-top boxes (STB) that are capable of decoding high quality DivX Home Theater video.
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