The agreement will enable the creation of a number of DivX Certified hardware devices, including handheld DivX video players, DivX-enabled DVD players, home video jukeboxes, Digital Video Recorders, digital set-top boxes, digital video cameras, and more. Additionally, the two companies will work together to integrate digital rights management (DRM) technology into the devices to ensure secure playback of high-quality digital video. DivXTM is a leading MPEG-4 compatible video compression technology, with over 50 million users worldwide.
"This partnership is a key step in our hardware strategy to integrate DivX technology across a range of next-generation convergence devices," said Jordan Greenhall, CEO and co-founder of DivXNetworks. "Our enthusiastic user base has been clamoring for hardware solutions that leverage the power of DivX video, and by working closely with e.Digital we will be able to meet that demand for the first time. e.Digital's demonstrated capabilities in product development, manufacturing and supply chain management, life cycle support and growing retail presence provides us with an opportunity to bring state-of-the-art technologies to market in a series of absolutely cutting-edge products.
Greenhall continued, "DivX has already established itself as the most popular and efficient video technology for IP networks, and the first line of high-quality, secure consumer electronics devices specifically optimized for DivX video will extend the DivX experience beyond the PC, ultimately benefiting consumers and content providers alike. We feel that e.Digital's applications integration capabilities provide an excellent complement to our advanced video concepts. Their experience with digital rights management and secure content applications will provide a real strength in developing the DivX video standard."
This was an excerpt from the pr.
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