September 6, 2011 6:48 AM EDT

Rovi Corp. (Nasdaq: ROVI) has signed a multi-year licensing agreement for DivX technology with Shenzhen MTC Co., Ltd. (MTC). Through the new agreement, MTC will expand its implementation of DivX Plus HD.

Additionally, Rovi and Samsung Electronics Co., Ltd. today announced the companies have signed a multi-year licensing agreement enabling Samsung to continue to integrate DivX technology on its comprehensive range of consumer electronic devices.

The DivX technology will continue to feature prominently on Samsung's range of popular mobile devices including the greatly anticipated Galaxy S II LTE and Galaxy Note smartphone.

Source:streetinsider