General discussion

DivX scooped up by Sonic

Information for all those who watch DIVX movies from internet. Things may be changing soon.

http://www.sdbj.com/news/2010/oct/08/divx-sale-sonic-closes/

Friday, October 8, 2010

Northern California-based Sonic Solutions said Oct. 8 that it completed its acquisition of DivX LLC, the San Diego-based maker of video compression software.

The $326 million stock and cash transaction was first announced June 2.

A Sonic spokesman said the ?vast majority? of DivX?s 357 employees have joined Sonic. Sonic intends to keep DivX?s San Diego building space, he added.

Sonic is based in Novato, Calif., north of San Francisco. The company also owns the Roxio brand of software products.

Discussion is locked

Follow
Reply to: DivX scooped up by Sonic
PLEASE NOTE: Do not post advertisements, offensive materials, profanity, or personal attacks. Please remember to be considerate of other members. If you are new to the CNET Forums, please read our CNET Forums FAQ. All submitted content is subject to our Terms of Use.
Reporting: DivX scooped up by Sonic
This post has been flagged and will be reviewed by our staff. Thank you for helping us maintain CNET's great community.
Sorry, there was a problem flagging this post. Please try again now or at a later time.
If you believe this post is offensive or violates the CNET Forums' Usage policies, you can report it below (this will not automatically remove the post). Once reported, our moderators will be notified and the post will be reviewed.
Comments

CNET Forums

Forum Info