Sonic Acquiring DivX to Accelerate Over-the-Top Video Sales

Sonic Solutions has agreed to purchase DivX to help accelerate its rollout of over-the-top video services. By bringing DivX into the fold, Sonic will have access to a wider range of consumer electronic devices that can play back DivX-formatted video files, while enhancing its DRM protection.

DivX Lays Off 21 People

Video codec company DivX has let go of 21 people, or roughly 10 percent of the company’s workforce in San Diego (though…

For DivX, Web Video Is No Go

DivX, the company that’s gotten its codec compatible with well over 100 million video devices around the world, hasn’t had similar success…