Major Device Manufacturer to Integrate DivX Plus(R) HD Across Product Lines and Enable Premium Entertainment Experiences
Company Release – 9/6/2011 3:01 AM ET
BERLIN, Sept. 6, 2011 (GLOBE NEWSWIRE) — IFA — Rovi Corporation (Nasdaq:ROVI) today announced that it has signed a multi-year licensing agreement for DivX® technology with Shenzhen MTC Co., Ltd. (MTC), a China-based manufacturer of consumer electronics products. Through the new agreement, MTC will expand its implementation of DivX Plus HD, the premium level of Certification, and use it across its product lines, including digital set-top boxes, DVD and blu-ray disc players, and digital TVs. Building on Rovi’s expansive ecosystem that includes more than 500 million devices with DivX technology, MTC devices will be able to take full advantage of the range of Internet video and Hollywood entertainment available around the world in DivX formats.