DivX’s CTO Resigns

San Diego’s DivX (NASDAQ: DIVX) says its chief technology officer Markus Moenig has resigned to “return overseas and explore new entrepreneurial opportunities.” The company said Moenig’s primary focus, which was integrating H. 264 digital video technology, has been realized in its soon-to-be released DivX 7 product. The vice president of engineering, Jim Reesman, will lead DivX’s global engineering organization.

Bruce V. Bigelow was the editor of Xconomy San Diego from 2008 to 2018. Read more about his life and work here. Follow @bvbigelow

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