Ryan & Maniskas, LLP Announces Investigation of DivX, Inc.

Ryan & Maniskas, LLP (www.rmclasslaw.com/cases/divx) has commenced an investigation into possible breaches of fiduciary duty and other violations of state law by members of the Board of Directors of DivX, Inc. (“DivX” or the “Company”) (NASDAQ: DIVX) in connection with their actions in causing DivX to enter into a merger agreement with Sonic Solutions.

Our investigation concerns possible breaches of fiduciary duty and other violations of law related to approval of the transaction by Company’s board of directors; in particular, whether the Company undertook a fair process to obtain fair consideration for all shareholders of DivX. For more information regarding our investigation, please contact Ryan & Maniskas, LLP (Richard A. Maniskas, Esquire) toll-free at (877) 316-3218 or by email at rmaniskas@rmclasslaw.com or visit: www.rmclasslaw.com/cases/divx.

Under the terms of the transaction, DivX shareholders will receive $3.75 in cash and 0.514 shares of Sonic Solutions stock for each DivX share of common stock they own. Based on the prior closing price of Sonic Solutions stock, the transaction values DivX shares at approximately $9.83 per share for a total transaction value of approximately $323 million.

If you own shares of DivX and would like to learn more about these claims or if you wish to discuss these matters and have any questions concerning this announcement or your rights, contact Richard A. Maniskas, Esquire toll-free at (877) 316-3218 or to sign up online, visit: www.rmclasslaw.com/cases/divx. You may also email Mr. Maniskas at rmaniskas@rmclasslaw.com. For more information about class action cases in general, please visit our website: www.rmclasslaw.com.

Ryan & Maniskas, LLP is a national shareholder litigation firm. Ryan and Maniskas, LLP is devoted to protecting the interests of individual and institutional investors in shareholder actions in state and federal courts nationwide.

Divx, Inc. (MM) (NASDAQ:DIVX)
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