Chief Executive Officer
San Diego, California, Us
• CEO for a public, high-profile, profitable video technology company that became the standard for high-quality video over the Internet• Led DivX to become one of the world’s most broadly deployed video technologies in the world with 350 employees, over 500 million software downloads and over 350 million consumer electronic devices • Signed deals with Warner Bros, Sony, Paramount, Lionsgate, Starz and others to approve the format for the digital distribution of Hollywood content• Successfully transitioned the core CE licensing business beyond the declining DVD market to mobile handsets, digital televisions, gaming consoles (Sony PS3) and set-top boxes. • Orchestrated two successful acquisitions to drive product diversification - MainConcept ($28M) and AnySource ($15M) • DivX acquired by Sonic Solutions (NASDAQ: SNIC) in October 2010. Negotiated the $326MM transaction at a 41% premium to market.