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 is the editor of Xconomy San Diego. You can e-mail him at bbigelow@xconomy.com or call (619) 669-8788 Follow @bvbigelow

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