DivX, LLC, a pioneer in digital video technology announced that Hisense, a global leader in consumer electronics and home appliances, signed an intellectual property (IP) license agreement. The agreement resolves ongoing litigation between the two companies and grants Hisense access to DivX’s global video technology patent portfolio. By adding Hisense to its growing list of licensees, DivX has now licensed more than 75% of the global smart TV market.

From NetEase

February 11th, 2025