Wednesday, June 2, 2010

Sonic buys DivX, opens door to CinemaNow for Mac

<img align='left' src='' border='0' width='176' height='120' />Sonic today acquired video codec maker DivX for $3.75 per share, or the equivalent of $323 million. The deal gives the owner of Roxio one of the more popular video formats and are intended to give Sonic a better means of providing video over the Internet, especially for home electronics. Many Blu-ray and DVD players, TVs, and set-top boxes already support DivX videos, and DivX is already using copy protection approved by movie studios, Sonic said....

DivX - DVD - CinemaNow - Blu-ray Disc - [ Full story from MacNN | The Macintosh News Network ]

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