03.09.2005 - DivXNetworks Chooses mp3 Technologies from Thomson and Fraunhofer

Paris, France/Hanover, Germany—March 9, 2005—DivXNetworks, Inc., the company that created the patent-pending DivX® video compression technology, today announced a strategic licensing agreement with Fraunhofer Institute for Integrated Circuits IIS, inventors of mp3, and Thomson, co-inventors of mp3 and exclusive licensing representative for their mp3 patents and software. The agreement will enable DivXNetworks, Inc. to include mp3 and, in the future, mp3 SURROUND technology, in all DivX® software and consumer electronics offerings, allowing over 160 million DivX® users the opportunity to enjoy the small file size and the high audio quality of mp3 SURROUND with their video files. Additionally, DivXNetworks, Inc. will now offer licensees a complete video and audio Software Development Kit (SDK). - View Press Release - Visit DivXNetworks, Inc.