Tuesday, September 8, 2009

DivX Loses Board Member

San Diego-based DivX said late Friday that board member Jerry Murdock has resigned. Murdock is a managing director at Insight Venture Partners, and joined the firm's board of directors in 2005. Murdock will leave the company's board effective December 31st. Murdock joined the DivX board as part of a financing round, prior to the firm's IPO.