DivX IPO: The fight for digital dominance

Posted by From the Web

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)