DivX (Nasdaq: DIVX) creates products and services designed to improve the experience of media. Our first product offering was a video compression-decompression software library, or codec, which has been actively sought out and downloaded over 180 million times in the last four years, including over 50 million times during the last twelve months. We have since built on the success of our codec with other consumer software, including the DivX Player application. We distribute this software from our website, DivX.com, which was visited on average by over five million unique visitors per month during the second quarter of 2006. We also license our technologies to consumer hardware device manufacturers and certify their products to ensure the interoperable support of DivX-encoded content. Over 46 million DivX Certified hardware devices have been shipped worldwide, including over 10 million devices reported to us by our customers during the second quarter of 2006. In addition to technology licensing to consumer hardware device manufacturers, we currently generate revenue from software licensing, advertising and content distribution. DivX completed its IPO in September 2006 led by JPMorgan, Banc of America Securities, Cowen, Canaccord Adams and Montgomery & Co.
Current DIVX Quote (delayed 20 minutes)
| Price |
Change |
Open |
High |
Low |
Volume |
| 9.62 |
-0.19 |
9.85 |
9.90 |
9.39 |
308855 |
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