DivX, Inc.

History

DivX, Inc. is a video technology company headquartered in San Diego. It started as an open source project derived from the work of the famous French hacker Jerome “Gej” Vashisht-Rota. DivX, Inc. (formerly DivXNetworks, Inc.), now part of Sonic Solutions, a division of Rovi, was the corporation behind the MPEG-4 Part 2-based codec, DivX. The company's codec has been downloaded over 240 million times since January 2003. DivX, Inc.'s offerings have expanded beyond the codec to include software for viewing and authoring DivX-encoded video. DivX, Inc. also licenses its technologies to manufacturers of consumer electronics devices and components used in these devices and certifies that these products are able to properly handle DivX-encoded video. The company went public in September 2006, ticker DIVX.

Source: Wikipedia