DivX is planning to take on the revolutionary internet television business and to make it easier has acquired AnySource Media, a software maker that produces applications embeddable directly into HDTVs and other consumer electronics devices with a data center back-end to support easy and fast TV navigation and e-commerce transactions, as well as content and data aggregation deals for consumer electronic devices.

AnySource Media has developed a software solution that can support e-commerce transactions and enable rapid navigation and seamless playback of hundreds of virtual on-demand channels directly via HDTVs, Blu-ray disc players and other consumer electronics devices such as mobile phones. The AnySource Internet Video Navigator enables online video on a living room TV and easy access to Internet-based videos, music, photos, games and data content at the touch of a button through a standard remote control.

Total consideration for the acquisition is $7.5 million, paid in cash at closing, and additional cash payments up to $7.5 million payable over three years upon the achievement of certain technical, and revenue and distribution milestones.

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