DivX acquired Aachen, Germany-based MainConcept for $22 million with another $6 million in earn outs and placing a big bet on the H.264 video compression technology, which unlike DivX’s own technology is an open standard. With the deal, DivX is acknowledging that the open standard H.264 is becoming a codec of choice when it comes to high quality video — it is the future. Continue Reading.
