Ittiam In Product Solutions Pact With DivXNetworks

Bangalore: | Updated: Jun 27 2003, 05:30am hrs
Ittiam Systems Pvt Ltd has entered into a partnership with the US-based DivXNetworks Inc, to deliver DivX certified solutions for portable video products like digital skill/video camera, video player and set-top box.

The first product out of the partnership is a digital camcorder, which is expected to be launched by July-August 2003.

The partnership also bagged a project from a major OEM (original equipment manufacturer) in the Asia-Pacific region.

Addressing the media, Ittiam Systems chairman and chief executive officer Srini Rajam said, Under the partnership, Ittiam would work with DivXNetworks to design solutions to power a variety of portable video products with full encoding and decoding capability for all versions of DivX video.