DivX Inks Partnership With Sharp

San Diego-based DivX, which develops video encoding and decoding technology, announced today that it has inked a new partnership with Sharp. DivX said that Sharp will support its HP 1080p video format on its AQUOS LE820 TV line. Financial terms of the license were not disclosed. The LE820 line is being shipped in Europe, and the inclusion of DivX is being used to power play of videos on the TV's USB slot.