DivX, NEC Electronics Sign Licensing Deal
Stock quotes in this article:
DIVX
SAN DIEGO (AP) — Video technology company DivX Inc. said Tuesday it has signed a multiyear licensing agreement with Japanese chip company NEC Electronics Corp.
Financial terms were not disclosed. The deal is to integrate DivX's high-definition technology into NEC chips designed to power Blu-ray players, digital televisions and set-top boxes. Shares of DivX rose 10 cents, or 2 percent, to $5.14 in afternoon trading.- Loading Comments...
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