Rovi Unloads DivX and MainConcept Businesses

Rovi Corporation announced that it will sell its DivX and MainConcept businesses to Parallax Capital Partners and StepStone Group for $52.5 million, with the possibility of additional performance payments to a maximum of $75 million.

Rovi Touts DivX DRM for UltraViolet Digital Downloads

Rovi Corporation announced that its DivX Digital Rights Management (DRM) system has received conditional approval for use in UltraViolet digital downloads.