DivX Acquires H.264 Video Firm Main Concept for $22 MillionAuthored by Mark Hefflinger on November 15, 2007 - 9:09am.
San Diego - DivX (NASD: DIVX), a developer of video compression technology, announced that it has acquired MainConcept, a Germany-based provider of H.264 and other video technologies for the broadcast, film, consumer electronics and computer software markets, for $22 million in cash and stock.
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