Faruqi & Faruqi, LLP, a leading New York securities firm, is investigating the Board of Directors of DivX, Inc. (“DivX” or the “Company”) (NasdaqGS: DIVX - News) for possible breaches of fiduciary duty and other violations of state law or federal law in connection with their attempt to sell the Company to Sonic Solutions (NasdaqGS: SNIC - News). Under the terms of the transaction, DivX shareholders will only receive $3.75 in cash and 0.514 shares of Sonic Solutions stock for each DivX share of common stock they own.

The investigation concerns whether the DivX Board of Directors breached their fiduciary duties to DivX stockholders by failing to conduct a fair sales process prior to agreeing to the transaction and whether the transaction undervalues the Company to the detriment of DivX shareholders. In particular, at least one analyst set a price target for DivX stock at $10.50 per share. Moreover, the Company shows poised for growth as a result of the recent quarter ending March 31, 2010 results where DivX reported total revenue of $23.255 million and net income of $1.256 million as compared to total revenue and a net loss of $20.060 million and $34 thousand, respectively, for the prior quarter.

Faruqi & Faruqi, LLP is a national law firm which represents investors and individuals in class action litigation. The firm is focused on providing exemplary legal services in complex litigation in the areas of securities, shareholder, antitrust and consumer litigation, through all phases of litigation. The firm has an experienced trial team which has achieved significant victories on behalf of the firm’s clients.

If you own common stock in DivX and wish to obtain additional information, please visit us at http://www.faruqilaw.com/merger.php or contact Juan E. Monteverde, Esq. either via email at jmonteverde@faruqilaw.com or by telephone at (877) 247-4292 or (212) 983-9330.

Attorney Advertising. (C) 2010 Faruqi & Faruqi, LLP. The law firm responsible for this advertisement is Faruqi & Faruqi, LLP (www.faruqilaw.com). Prior results do not guarantee or predict a similar outcome with respect to any future matter. We are happy to discuss your particular case.

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