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In other words, the software is an ideal format Converter Software for common uses. WMV to MKV Converter Software supports batch conversion and, is full compatible with Windows 8, Windows 7, Vista, Windows XP, Windows 2008, Windows 2003, and Windows 2000. What is WMV. WMV stands for Windows Media Video - developed and controlled by Microsoft. DivX video format is originally whxt on hacked WMV codec. Microsoft Windows Media Voes 9 was the last version of what does variance mean Windows Media Player developed for Mac OS X.