DivX Inc , the company that owns the codec which made your early 2000s movie downloads look really not too bad , is being acquire by Sonic Solutions , a content delivery company , for areported$300 million . Sonic ’s been work in circular medium like CDs and DVDs for years — they own the popular Roxio brand — but is now look to the internet as the message delivery platform of the future . DivX , a current challenger of Sonic ’s , has been helping deliver video subject to cyberspace users , legally and otherwise , for years .
Last year Sonic Solutions partnered with Best Buy to provide a video content bringing electronic internet for the retail merchant , with the eventual objective of providing Sonic ’s CinemaNow stremaing picture show armed service on Best Buy ’s entire course of internet - connected devices . DivXalready handlesthe digital depicted object for Warner Bros. , Sony Pictures , Paramount , Lionsgate and Overture Films , so from the looks of affair the acquirement will chop-chop make CinemaNow a whole lot more cinematic . [ Sonic ]
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