Partnership Will Allow Consumers to Playback High-Quality DivX® Video on Devices Built On BCM7403 Chip
LAS VEGAS–(BUSINESS WIRE)–DivX, Inc. (NASDAQ:DIVX) and Broadcom Corporation, a global leader in semiconductors for wired and wireless communications, today announced the DivX® Certification of the Broadcom® BCM7403 chip for set-top devices.
DivX offers a popular digital media format used by consumers all over the world to create, share and play high-quality digital video across a range of devices and platforms. DivX Certification of Broadcoms BCM7403 will enable set-top box manufacturers to offer their consumers the ability to easily playback DivX videos from the PC or the Internet directly on their televisions through these set-top devices.
Broadcom’s BCM7403 is a high-definition solution offering integrated support for digital media formats such as the DivX media format. Broadcom is focusing on enabling its customers to add DivX support to consumer electronics devices, including set-top boxes and high-definition devices. These product categories will expand the current line-up of DivX Certified® device categories, which includes DVD players, portable devices, digital still cameras, and more, comprising over 100 million certified devices shipped by DivX partners worldwide.
“There has been increasing demand from our set-top-box customers to support the popular DivX format, and we’re excited to collaborate with DivX to extend a high-quality digital experience to consumers,” said Aidan ORourke, Director of Marketing, IPTV Set-Top Box Products for Broadcom.
“This chip emphasizes the importance of offering consumers a truly interoperable digital media experience across all devices that playback video,” said Kevin Hell, CEO of DivX, Inc. “There is an enormous amount of high-quality DivX content that consumers want to playback in their living room, not just their PC, and we’re excited to work with Broadcom to simplify the digital media experience for consumers.”
Products that bear the DivX Certified logo have undergone a rigorous testing program to ensure interoperability, security and visual quality. DivX Certified products enable consumers to create, play, and share high-quality video content across a range of devices and platforms.
For more information on DivX Certification, visit www.divx.com/certification.
About DivX
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 environmentthe 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 the Broadcom BCM7403 chip for set-top boxes, 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 the DivX certification of the Broadcom BCM7403 chip for set-top 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 Companys 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.