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DivXNetworks and ITRI sign technology development agreement

DivXNetworks, a US-based video compression technology company, and Taiwan's Industrial Technology Research Institute (ITRI) on September 22 officially inked a technology and development partnership deal. Under the agreement, ITRI's Computer and Communications Research Labs (CCL) will create a development and testing lab in Taiwan for DivX Certified consumer electronics devices, including portable video players, DVD players, digital still and video cameras and set-top boxes (STBs) that are scheduled to debut in 2003, according to the DivX press statement.

The press release said DivXNetworks and ITRI will also jointly develop reference designs for DivX Certified portable video players for the global consumer electronics market. They will also collaborate on R&D for next-generation digital video technology. "Taiwan is the center for new-generation CE product innovation and development. ITRI is the birthplace of all the star industries in Taiwan, including IC, IT, communications and now new-generation digital CE," said James Lee, special advisor for Asia at DivXNetworks.

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News source: DigiTimes

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