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Murdock To Step Down From DivX Board

c-level_225px-w_bwSeptember 8, 2009 (FinancialWire) — Digital media firm DivX, Inc. (NASDAQ: DIVX) (Current Market Cap: $168.92 Mil.) said that Jerry Murdock has submitted his resignation from the company’s board, effective December 31.

Murdock joined the DivX board following Insight Venture Partners’ financing of the company in 2005 and prior to DivX going public in September 2006. He serves as managing director of Insight Venture Partners.

San Diego-based DivX creates, distributes and licenses digital video technologies. More than 200 million DivX devices have shipped into the market from consumer electronics manufacturers.

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