Earlier this week it was announced that DivX purchased MainConcept for some pocket change. MainConcept is the distributor of the H.264 codec, along with other technology used by Adobe, Corel, Sonic, Sony and Panasonic. I am sure the stakeholders at DivX see additional market penetration in the mobile and HD market.
DivX has made its living licensing its codec, mostly for DVD Players and the web. I hope that H.264 does not fall under that mindset. H.264 is how ever an open standard based codec, but with this acquisition, DivX could bring it under its licensing umbrella.
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