ArcSoft Licenses DivX Technology for Video Software Solutions; ArcSoft Will Initially Bundle DivX Codec with OEM Video Editing Software Product.Business Editors/High-Tech Writers SAN DIEGO San Diego (săn dēā`gō), city (1990 pop. 1,110,549), seat of San Diego co., S Calif., on San Diego Bay; inc. 1850. San Diego includes the unincorporated communities of La Jolla and Spring Valley. Coronado is across the bay. & FREMONT, Calif.--(BUSINESS WIRE)--Dec. 12, 2003 DivXNetworks, Inc., the company that created the patent-pending DivX(R) video compression Encoding digital video to take up less storage space and transmission bandwidth. See video codec and data compression. video compression - Compression of sequences of images. technology, and ArcSoft, Inc., the leading provider of digital imaging software for consumer devices, today announced a technology licensing and marketing partnership. Under the agreement, ArcSoft will bundle the popular DivX video codec (1) A hardware circuit that converts analog video (NTSC, PAL, SECAM) into digital code and vice versa. The term may refer to only the A/D and D/A conversion, or it may include the compression technique for further reducing the signal (definition #2 below). See codec. with its leading line of video software solutions, beginning with an OEM (Original Equipment Manufacturer) The rebranding of equipment and selling it. The term initially referred to the company that made the products (the "original" manufacturer), but eventually became widely used to refer to the organization that buys the products and version of its video editing software Video editing software is application software which handles the editing of video sequences on a computer. It usually includes the ability to import and export video, cut and paste sections of a video clip, and add special effects and transitions; and it sometimes includes the . ArcSoft will initially include the Windows and Mac versions of DivX with an OEM version of ArcSoft(R) VideoImpression(TM), a novice-level video editing See nonlinear video editing and video editor. and slideshow creation software. ArcSoft's VideoImpression software is bundled with digital cameras and camcorders from leading manufacturers, enabling end-users to easily create and edit home videos on their PCs. The superior compression and visual quality of DivX will let ArcSoft users create high-quality CDs of home videos and easily distribute their videos over the Internet. DivX, the popular video compression technology with over 100 million worldwide users, provides DVD-quality digital video at sizes 7-10 times smaller than MPEG-2. As part of the partnership, the two companies will work together to market DivX Licensed(TM) ArcSoft products to the international community of DivX users. "DivX technology offers incredible visual quality and compression," said Todd Rumaner, senior vice president of ArcSoft, Inc. "By bundling DivX with our popular VideoImpression software, we are offering our users an easy way to create and distribute high-quality videos." "ArcSoft is a leader in the video space and we're excited to work together to bring the power of DivX video to the ArcSoft product line," said Kevin Hell, chief marketing officer and managing director at DivXNetworks. "With their innovative product solutions, ArcSoft has shown proven strength in providing the ideal OEM software for the imaging market. The decision to license DivX software further validates ArcSoft's ability to understand and provide the imaging features and functionality that consumers and hardware manufacturers need." For more information on licensing DivX software, write to licensing@divxnetworks.com. To learn more about ArcSoft, visit www.arcsoft.com. About ArcSoft ArcSoft, Inc. develops, markets and distributes innovative digital imaging and video solutions to companies and end-users around the globe. ArcSoft specializes in custom-built software for consumer electronic device manufacturers and infrastructure solutions for telecommunications companies See telecom company. . Established in 1994, ArcSoft is a privately held company privately held company A firm whose shares are held within a relatively small circle of owners and are not traded publicly. headquartered in Fremont, Calif., with regional commercial and development facilities in Europe and the Far East. For further details, please visit the corporate Web site: www.arcsoft.com. About DivXNetworks DivXNetworks is a consumer-focused video technology company positioned at the center of multimedia convergence. The company's core offering is the DivX(R) video codec, the popular video compression technology with over 100 million users worldwide. Often called "the MP3 of video," the patent-pending DivX video technology offers DVD-quality at 10 times greater compression than MPEG-2 files, enabling full-length films to easily fit on a CD or be delivered over broadband connections See broadband and wireless broadband. . DivX video technology powers a range of applications that span the convergence value chain, from a secure, IP-based, video-on-demand solution to next-generation consumer electronics products and video software applications. DivXNetworks is headquartered in San Diego, with satellite offices in Los Angeles Los Angeles (lôs ăn`jələs, lŏs, ăn`jəlēz'), city (1990 pop. 3,485,398), seat of Los Angeles co., S Calif.; inc. 1850. and San Jose San Jose, city, United States San Jose (sănəzā`, săn hōzā`), city (1990 pop. 782,248), seat of Santa Clara co., W central Calif.; founded 1777, inc. 1850. , Calif.; Taipei, Taiwan, and Dortmund, Germany. For more information, visit http://www.divxnetworks.com. |
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