Digital video tech provider DivX has announced that it has signed an intellectual property agreement with The Walt Disney Company, which intends to use the technology for its streaming services, including Disney Plus.
DivX licenses its technology for video playback, and major consumer electronics brands have shipped 1.7 billion DivX-enabled devices worldwide.
It also licenses its global portfolio of foundational video patents to leading consumer electronics and video streaming companies.
The DivX consumer software has over 1 billion worldwide downloads and provides consumers the tools to play, convert and cast their content.
