DivX is a video compression company that has launched the online video platform Stage6 aimed at independant video producers offering high quality web video in HD.
DivX has changed tact and reinvented itself more time than most. Its latest move is away from a dedicated set-top box and to a streaming Internet TV platform which will be available on a range of devices. Though competition is already fierce.
DivX has been a name synonymous with online video for a long time thanks to the codec and player which have been around for years.
However, in more recent years, DivX has tried to break out of these self-imposed walls by trying to enter the hardware market.
But having pretty much failed with its own set-top boxes, DivX is now entering the crowded Internet TV platform market. Which is a risky move.