Roku Signs IP License Agreement with DivX
On 15th November 2021, DivX, LLC announced that Roku Inc., a leading video streaming platform, signed an intellectual property (IP) license agreement.
A pioneer in digital video technology, DivX, LLC, on 15th November 2021, announced that Roku Inc., a leading video streaming platform, signed an intellectual property (IP) license agreement. Brian Way CEO of DivX commented, “We are delighted to conclude an agreement with Roku, and welcome them to our growing family of licensees.”
DivX LLC is a privately held video technology company based in San Diego, California. DivX, LLC is best known as a producer of three codecs: an MPEG-4 Part 2-based codec, the H.264/MPEG-4 AVC DivX Plus codec and the High Efficiency Video Coding DivX HEVC Ultra HD codec. They develop innovative technology to provide extraordinary digital entertainment experiences on any device. Since 2000, DivX has been setting the standard for high-quality digital video by creating pioneering technologies for consumers, device manufactures and streaming services around the world.
DivX LLC had plan to continue its patent licensing as a world leader in the research and development of digital video technology.