DivX IPO: The fight for digital dominance
With online videos hotter than ever, the timing apparently couldn’t be better for the market debut of digital media firm DivX.
The San Diego-based company, which has built its business around delivering digital video, aims to raise as much as $104 million when it lists on the Nasdaq next week. It plans to trade under the ticker "DIVX."
Read the complete story here. (CNN Money)