VIZIO Licenses DivX Global Patent Portfolio, Resolving Pending ITC Litigation
DivX, LLC, a pioneer in digital video technology, today announced that VIZIO, a leading television brand, signed an intellectual property (IP) license agreement.
- DivX, LLC, a pioneer in digital video technology, today announced that VIZIO, a leading television brand, signed an intellectual property (IP) license agreement.
- The agreement resolves all patent litigation matters between the parties, including the pending U.S. International Trade Commission investigation against VIZIO.
- "We are pleased to have reached an agreement with VIZIO, and welcome them to our family of licensees," commented Noel Egnatios, DivX's CEO.
- “DivX has now successfully licensed the majority of the global SmartTV market to its fundamental video technology patents, as well as market-leading streamers and other consumer electronics and technology providers.”
Since 2000, DivX has established itself as a global leader in the research and development of innovative digital video technology and will continue to license its broad portfolio to companies around the world.