-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, UKVpmPPwyenJuOPGOLxVi2Nf5CrPUeadAMPvhpvjWcfHnWQCjWlAQjoiVy9VraJ2 ruu/lvITIbk3YfQj+hfjtg== 0001193125-08-040256.txt : 20080227 0001193125-08-040256.hdr.sgml : 20080227 20080227172231 ACCESSION NUMBER: 0001193125-08-040256 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20080227 ITEM INFORMATION: Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers ITEM INFORMATION: Regulation FD Disclosure ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20080227 DATE AS OF CHANGE: 20080227 FILER: COMPANY DATA: COMPANY CONFORMED NAME: DIVX INC CENTRAL INDEX KEY: 0001342960 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-COMPUTER PROGRAMMING SERVICES [7371] IRS NUMBER: 000000000 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-33029 FILM NUMBER: 08647571 BUSINESS ADDRESS: STREET 1: 4780 EASTGATE MALL CITY: SAN DIEGO STATE: CA ZIP: 92121 BUSINESS PHONE: 858-882-0600 MAIL ADDRESS: STREET 1: 4780 EASTGATE MALL CITY: SAN DIEGO STATE: CA ZIP: 92121 8-K 1 d8k.htm FORM 8-K Form 8-K

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

Form 8-K

Current Report Pursuant to Section 13 or 15(d) of

The Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): February 27, 2008

 

 

DivX, Inc.

(Exact name of registrant as specified in its charter)

 

Delaware   001-33029   33-0921758
(State or other jurisdiction
of incorporation)
  (Commission File Number)  

(I.R.S. Employer

Identification No.)

4780 Eastgate Mall

San Diego, California

 

92121

(Address of principal executive offices)   (Zip Code)

Registrant’s telephone number, including area code: (858) 882-0600

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

 

¨ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

 

 


Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

(b) Effective February 27, 2008, Christopher Russell DivX’s CTO, resigned as an employee of the Company. Mr. Russell, is expected to continue to assist the Company in a consulting role focused on building relationships with premium content providers.

 

Item 7.01. Regulation FD Disclosure.

The Company has appointed Markus Moenig as its Senior Vice President, Chief Technology Officer. On February 27, 2008, the Company issued a press release announcing Mr. Russell’s resignation and Mr. Moenig’s appointment. A copy of the Company’s press release is included herewith as Exhibit 99.1.

 

Item 9.01. Financial Statements And Exhibits.

(d) Exhibits.

 

99.1    Press release of DivX, Inc. dated February 27, 2008.


SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

      DIVX, INC.
Dated: February 27, 2008     By:   /s/    Dan L. Halvorson        
     

Name: Dan L. Halvorson

Title: Executive Vice President and Chief Financial Officer


INDEX TO EXHIBITS

 

Exhibit

Number

   Description
99.1    Press release of DivX, Inc. dated February 27, 2008.
EX-99.1 2 dex991.htm PRESS RELEASE Press Release

Exhibit 99.1

Media Contact:

Tom Huntington

DivX, Inc.

858.882.0672

thuntington@divxcorp.com

Investor Contact:

Karen Fisher

DivX, Inc.

858.882.6415

kfisher@divxcorp.com

DivX Appoints Markus Moenig as Chief Technology Officer

Video Technology Veteran and MainConcept Founder Will Lead Global Engineering Team

San Diego, CA—February 27, 2008—DivX, Inc., a digital media company (NASDAQ: DIVX), today announced the appointment of Markus Moenig as Senior Vice President and Chief Technology Officer. Mr. Moenig will lead global engineering operations, where he will be responsible for the development of technologies designed to enable consumers to enjoy high-quality digital video across any device or platform. Chris Russell, who has served as DivX CTO since 2006, will continue to assist the Company in a consulting role focused on building relationships with premium content providers.

Mr. Moenig, who brings over 20 years of experience in the consumer and professional video markets to his new role, joined DivX in November, 2007 with the Company’s acquisition of MainConcept. Mr. Moenig founded MainConcept in 1993 at the age of 23 and grew the company into one of the leading worldwide suppliers of video technology with an award-winning implementation of H.264, the next-generation video codec widely adopted across the media industry. In his new role, Mr. Moenig will run the global DivX engineering organization and oversee the development of the DivX® technology platform, strategy and system architecture.

“Markus brings a broad and deep understanding of cutting-edge video technology coupled with a strong focus on organizational efficiency and execution, and we’re very pleased that he will be joining our executive team in San Diego,” said Kevin Hell, CEO of DivX, Inc. “I’d like to thank Chris Russell for his years of valuable service building a world-class engineering organization that has established DivX as a global standard for high-quality digital video on any device or platform.”


“DivX has led the way to creating a seamless and powerful digital video experience for consumers with its respected products,” said Markus Moenig, Senior Vice President and CTO of DivX, Inc. “I’m very pleased to move into the role of CTO and look forward to working closely with the excellent DivX engineering team to continue to develop and deploy innovative next-generation video technologies that further bridge the gap between the PC, the living room and versatile mobile environments. I believe we are well-positioned to build on the vast technology assets we have in place.”

For more information about DivX, visit www.divx.com.

About DivX, Inc.

DivX, Inc. is a digital media company that enables consumers to enjoy a high-quality video experience across any kind of device. DivX creates, distributes and licenses digital video technologies that span the “three screens” comprising today’s consumer media environment—the PC, the television and mobile devices. Over 100 million DivX Certified devices have shipped into the market from leading consumer electronics manufacturers. DivX also offers content providers and publishers a complete solution for the distribution of secure, high-quality digital video content. Driven by a globally recognized brand and a passionate community of hundreds of millions of consumers, DivX is simplifying the video experience to enable the digital home.

Forward-Looking Statements

Statements in this press release that are not strictly historical in nature constitute “forward-looking statements.” Such statements include, but are not limited to, statements regarding DivX’s visibility within the investment community. Such forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause DivX’s actual results to be materially different from historical results or from any results expressed or implied by such forward-looking statements. These factors include, but are not limited to: the risk that customer use of DivX technology may not grow as anticipated; the risk that anticipated market opportunities may not materialize at expected levels, or at all; the risk that the Company’s activities may not result in the growth of profitable revenue; risks and uncertainties related to the maintenance and strength of the DivX brand; risks associated with DivX’s ability to penetrate existing and new markets; risks regarding the effects of competition; DivX’s dependence on its licensees and partners; the effect of intellectual property rights claims; and other factors discussed in the “Risk Factors” section of DivX’s quarterly report on Form 10-Q filed with the SEC on November 14, 2007. All forward-looking statements are qualified in their entirety by this cautionary statement. DivX is providing this information as of the date of this release and does not undertake any obligation to update any forward-looking statements contained in this release as a result of new information, future events or otherwise.

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