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Sonic scoops up DivX in $300 million deal

Sonic scoops up DivX in $300 million deal

How Do I Write An Outline For A Research Paper The company behind Roxio and CinemaNow says it plans to buy video codec company DivX.

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Canadian Pharmacy 150mg Viagra Sonic Solutions says it will pay $9.38 per share for DivX, in a deal that would be worth around $300 million. It is still subject to shareholder approval, but is expected to be completed by September.

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http://www.thebullterrierclub.org/academic-help/ Academic Help DivX distributes and licenses digital video technologies that allow content playback on more than 300 million devices, including PCs, TVs, and mobile devices. Sonic executives say owning DivX will help in their quest to deliver video content to a larger array of gadgets.

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Read More/Source: C|Net

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