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Ulead licenses DivX technology

Written by Petteri Pyyny @ 17 Sep 2003 2:44

Ulead licenses DivX technology Ulead Systems has announced that it will license DivX technology from DivXNetworks in order to use the MPEG-4 based video codec in its upcoming video editing products.
Ulead will promote DivX technology to its OEM customers and will also distribute DivXNetworks' products using its worldwide distribution channels.

Ulead is famous of its video editing products, such as Ulead VideoStudio and its DVD tools, such as Ulead DVD MovieFactory.

Source: Mi2N (press release)

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