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Technology Stocks : Rovi Corporation (ROVI)

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From: JakeStraw	6/30/2011 9:03:26 AM
	of 150

Rovi and LG Expand Relationship With DivX Licensing Agreements finance.yahoo.com DivX Video and DRM Technologies to Enable Premium Entertainment Experiences Across Increased Range of LG Electronics The agreement with Rovi enables LG to implement DivX Plus(R) HD, the premium level of certification available, and will add to the more than half a billion home and mobile consumer electronics devices that have shipped with DivX technology. The newly DivX Plus HD Certified devices can play back DivX.MKV files up to 1080p and previous versions of DivX video. "Consumers around the world know that when they see the DivX logo on an LG product, they can rest assured that their digital video files will play flawlessly," said Dr. Nandhu Nandhakumar, senior vice president, advanced technology, LG Electronics Inc. "Renewing our agreement with Rovi underscores LG's commitment to continue that level of quality for our customers."

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