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DivX Enters Into New Multiyear Contract with Philips Electronics to Bring DivX Video to Wide Variety of Consumer Electronics Devices
DivX, Inc. (NASDAQ:DIVX), a digital media company, today announced that it has entered into a new two-year license agreement with Philips Electronics. The agreement will enable Philips to continue to include DivX® video functionality on its wide range of consumer lifestyle products, including DVD players, portable devices, digital televisions and next-generation products including Blu-ray DVD devices. Read the full story here.