Company News: Page (1) of 1 - 07/12/18

DivX Renews Multi-Year Licensing Agreement with Samsung Electronics for its Consumer Electronics Devices

DivX renews license with longtime partner, Samsung Electronics, for DivX video playback on a variety of consumer electronics devices.

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SAN DIEGO, July 12, 2018 /PRNewswire-PRWeb/ -- DivX, LLC, a pioneer in digital video technology, today announced the renewal of a multi-year licensing agreement with Samsung Electronics Co. Ltd.

For over 15 years, DivX has been the global standard for stunning digital video experiences across a variety of screens. Samsung Electronics, a DivX licensee since 2003, will offer consumers the ability to enjoy DivX video files on a variety of devices. With over 1 billion DivX playback devices shipped worldwide from various consumer electronics brands, and over 1 billion downloads of DivX desktop software, DivX continues to help consumers around the world enjoy digital video on their own terms.

"Samsung is a global leader in consumer electronics and an early adopter of many DivX video solutions," said Tracey Beschell, Vice President of Business Strategy and Operations. "We are excited that our long-standing partner has renewed their DivX license and we look forward to working with them in the future."



Products bearing the DivX Certified® logo have undergone a rigorous testing program to ensure interoperability, smooth playback and visual quality. DivX products enable consumers to play, convert and cast high-quality video content across a range of devices and platforms.

About DivX, LLC
DivX, LLC creates innovative technology to provide ideal digital entertainment experiences in up to 4K resolution on any device. Since 1999, DivX has been setting the standard for high-quality digital video. Our technology innovations in digital video help consumers around the world create, share and enjoy video. DivX licenses its technology to major consumer electronics brands, who have shipped over 1 billion DivX enabled devices worldwide. The DivX consumer software has over 1 billion downloads and provides consumers around the world the tools to play, convert and cast their content. DivX is headquartered in San Diego, California. For more information, please visit http://www.divx.com.

 

SOURCE DivX

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