Friday, May 26, 2006

DivX Rolls Out Mac Release

San Diego-based DivX has released the latest version of the company's software for the Mac platform, saying yesterday that Divx for Mac 6.5 was released for download. The upgrade to the company's codec allows Mac users to play back full-screen DivX encoded videos, and supports conversion of other video formats into DivX. DivX develops its own codec used for encoding and compressing video streams, which it licenses to consumer electronics firm and others. The firm is currently on tap for an IPO, where it is looking to raise up to $135M.