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08.22.2007 - DivX Acquires Technology for Enhanced Video Search and Discovery Services

View DivX related news. San Diego, CA and Lawrence, KS--August 22, 2007--DivX, Inc. (NASDAQ: DIVX) announced today the acquisition of the assets of Veatros, L.L.C., a Kansas limited liability company. Veatros's technology was designed to conduct real-time digital video processing and will be used by DivX primarily for the purposes of producing enhanced video search and discovery services. Veatros was spun out of the Information and Telecommunication Technology Center at the University of Kansas.

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NID: 17434 / Submitted by: TACKtech Team
Categories: File Editors and Viewers, Press Release, Video Applications
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