Broadcom and DivX Partner on HD and DivX Connected(TM) Chip Solutions
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DivX, Inc. (NASDAQ:DIVX), a digital media company, and Broadcom, a
global leader in semiconductors for wired and wireless communication,
today announced the extension of an existing partnership that will
enable the DivX® Certification of Broadcom
chipsets supporting HD and DivX ConnectedTM.
Broadcom will work with DivX to obtain DivX Certification for the 74xx
chipset series for set-top-box applications, supporting full 1080p DivX®
HD playback. Additionally, the companies will work together to integrate
support for the DivX Connected platform into the 74xx as well as the
35xx chipset series for HD digital televisions. DivX Connected is an
open platform that enables users to access all their media, including HD
DivX videos, photos and music, as well as Internet services, in the
living room.
"We’re pleased to
extend our partnership with Broadcom to certify chipsets that support
full DivX HD and bring the power of DivX Connected to a variety of
products,” said Kevin Hell, CEO of DivX. "Our
goal is to offer consumers a simple and high-quality digital video
experience that works seamlessly across any kind of device. With their
powerful chipset solutions and wide-ranging partnerships across the CE
industry, Broadcom is a key partner that is helping us make that vision
a reality.” "With the high penetration of broadband
internet access, wide adoption of home networking solutions and the
proliferation of high-quality DivX content available today, support for
DivX HD and the powerful DivX Connected platform offers real value to
our OEM partners,” said Aidan O’Rourke,
Director of Marketing, IP Multimedia Access for Broadcom. "We
are excited to partner with DivX to help create a powerful and
high-quality digital media experience for consumers.”
For more information on DivX Certification, visit www.divx.com.
To learn more about Broadcom, see www.broadcom.com.
About DivX, Inc.
DivX, Inc. is a digital media company that enables consumers to enjoy a
high-quality video experience across any kind of device. DivX creates,
distributes and licenses digital video technologies that span the "three
screens” comprising today’s
consumer media environment—the PC, the
television and mobile devices. Over 100 million DivX Certified®
devices have shipped into the market from leading consumer electronics
manufacturers. DivX also offers content providers and publishers a
complete solution for the distribution of secure, high-quality digital
video content. Driven by a globally recognized brand and a passionate
community of hundreds of millions of consumers, DivX is simplifying the
video experience to enable the digital home.
Forward-Looking Statements
Statements in this press release that are not strictly historical in
nature constitute "forward-looking statements.”
Such statements include, but are not limited to, statements regarding
the anticipated benefits of the partnership between Broadcom Corporation
and DivX, DivX’s customers and shareholders,
any activities expected to occur in connection with the partnership, the
expected increase to DivX’s market
opportunity as a result of the certification of Broadcom’s
chipset supporting HD and DivX Connected consumer electronics devices,
and the acceleration of penetration in key emerging product categories.
Such forward-looking statements involve known and unknown risks,
uncertainties and other factors which may cause DivX’s
actual results to be materially different from historical results or
from any results expressed or implied by such forward-looking
statements. These factors include, but are not limited to: risks that
the anticipated benefits of the partnership between Broadcom Corporation
and DivX may not materialize to the extent expected, or at all; risks
related to the activities expected to occur in connection with the
partnership; the risk that DivX certification of the Broadcom chipset
for HD and DivX Connected consumer electronics devices will perform as
anticipated, or at all; the risk that customer use of DivX technology
may not grow as anticipated; the risk that anticipated market
opportunities may not materialize at expected levels, or at all; the
risk that the Company’s activities may not
result in the growth of profitable revenue; risks and uncertainties
related to the maintenance and strength of the DivX brand; risks
associated with DivX’s ability to penetrate
existing and new markets; risks regarding the effects of competition;
DivX’s dependence on its licensees and
partners; the effect of intellectual property rights claims; and other
factors discussed in the "Risk Factors”
section of DivX’s quarterly report on Form
10-Q filed with the SEC on November 14, 2007. All forward-looking
statements are qualified in their entirety by this cautionary statement.
DivX is providing this information as of the date of this release and
does not undertake any obligation to update any forward-looking
statements contained in this release as a result of new information,
future events or otherwise.
Broadcom®, and the pulse logo are among
the trademarks of Broadcom Corporation and/or its affiliates in the
United States certain other countries and/or the EU. Any other
trademarks or trade names mentioned are the property of their respective
owners.