Company Release – 1/7/2014 12:00 PM ET

Brightcove licenses DivX HEVC technology to accelerate the adoption of next-generation video compression standards across the video ecosystem

LAS VEGAS–(BUSINESS WIRE)– Brightcove (NASDAQ: BCOV), a leading global provider of cloud services for video, and Rovi Corporation (NASDAQ: ROVI), today announced a collaboration designed to accelerate the adoption of next-generation video compression standards. Through the agreement, Brightcove has licensed the DivX High-Efficiency Video Encoding (HEVC) solution, which is critical for streaming high-quality video and will be a driving factor in the delivery of 4K content to new Ultra HD displays. Brightcove plans to support DivX HEVC within its Zencoder cloud-based encoding service.

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