DivX Inc. and Cabot Communications Announce Technology AgreementThursday, January 8th, 2009
DivX, Inc. (NASDAQ: DIVX), a digital media company, today announced an agreement with Cabot Communications, the specialist digital TV software supplier. The agreement will enable Cabot technology partners to include DivX® support on a variety of silicon platforms powering home consumer products including HDTVs, DVRs and Set Top Boxes (STBs). Cabot will also be able to add DivX support to their media player application, Media Browser, for networked TV sets and STBs.
The agreement with Cabot, which incorporates DivX technology at the most fundamental level of IC production, will allow devices using these chips to provide seamless playback of high-quality DivX video. IC products utilizing Cabot’s DivX implementation will be optimized for maximum performance to increase video decoding speed.
“Cabot is delighted to be working with DivX to offer manufacturers a solution for high-quality video playback on a wide range of digital TV devices”, commented Bob Lamb, Managing Director of Cabot Communications. “There is increasing demand for seamless media playback of premium content downloaded from the Internet and DivX technology perfectly compliments our continually expanding range of IP-based solutions.”
Patrice Lagrange, Senior Vice President, Products, DivX, Inc, added “As consumers continue to adopt the DivX format as a means to enjoy high-quality video, it is important for chip manufacturers to implement solutions that offer DivX support as a standard component within consumer electronics. By incorporating DivX technology into Cabot’s middleware, this agreement allows us to connect with major IC providers in the DTV environment and continues our expansion into emerging consumer electronics product categories.”