Sonic Purchases DivX- Should Apple be Worried? (SNIC)
June 02, 2010 at 11:00 AM EDT
Sonic Solutions (SNIC) Sonic strikes a deal to buy DivX for $323 million. Sonic is a digital media distribution company that is best known for its CinemaNow service. CinemaNow allows visitors to buy and rent movies/TV content online. Sonic’s recent acquisition will give it the rights to a very popular digital video [...]
