• Skip to main content
  • Skip to secondary menu
  • Skip to primary sidebar
  • Skip to footer

Geeky Gadgets

Gadgets and Technology News

  • Home
  • Apple
  • Android
  • Deals
  • Gadgets
  • Technology
  • Hardware
  • Gaming
  • Cars


Rovi Is Buying TiVo In $1.1 Billion Deal

10:46 am May 2, 2016 By Roland Hutchinson

  • Share
  • Tweet
  • Pin
  • Email

Rovi Is Buying TiVo In $1.1 Billion Deal

Rovi has announced that it is buying TiVo in a deal which is worth $1.1 billion, the company pay $10.70 per share in cash and stock for TiVo.

Rovi holds a number of patents related to entertainment and these must be lucrative for the company if it can afford to pay $1.1 billion for TiVo

Rovi’s acquisition of TiVo, with its innovative products, talented team, and substantial intellectual property portfolio, strengthens Rovi’s position as a global leader in media discovery, metadata, analytics, and IP licensing,” said Tom Carson, CEO of Rovi. “It’s an exciting time as the media and entertainment landscape undergoes a significant evolution. The combined capabilities of TiVo and Rovi place us in a tremendous position to extend services across platforms and to a customer base that includes traditional, over-the-top and emerging players across the globe. By working together, Rovi and TiVo will revolutionize how consumers experience media and entertainment and at the same time build value for our stockholders.”

“We’re proud of TiVo’s strong innovation history and of the ongoing efforts of our team to provide best-in-class products for our loyal consumer and service provider customers,” said Naveen Chopra, Interim CEO and CFO of TiVo. “This transaction is the culmination of those efforts and the logical next step for TiVo. In joining forces with Rovi, our customers, employees and stockholders will benefit from being part of a more diversified industry leader with significantly greater market opportunities. Our combination creates a more influential global player with a commitment to product innovation, which will be incredibly well positioned to redefine television.”

You can find out more details about the deal between TiVo and Rovi at the link below.

Source Rovi

Filed Under: Top News

Latest Geeky Gadgets Deals


Disclosure: Some of our articles include affiliate links. If you buy something through one of these links, Geeky Gadgets may earn an affiliate commission. Learn more.

Primary Sidebar

  • Email
  • Facebook
  • RSS
  • Twitter

Top News

secret camera

Secret security camera disguised as a USB charger

Smart Projector

WooBloo SMASH portable 300 lumen smart projector with Alexa support

levitating light

Amazing Floately VOLTA levitating light

USB-C hub

OmniCase 7 port pocket USB-C hub and cable organizer

Lumina Fat Iron

Lumina Fat Iron “irons off” fat, saggy skin, stretch marks and more

Last Minute Deals

Apple News

watchOS 7.3 Release Candidate

Apple releases watchOS 7.3 Release Candidate

iOS 14.4

What’s new in iOS 14.4 Release Candidate (Video)

iOS 14.4

Apple releases iOS 14.4 Release Candidate to developers

iPhone 13

iPhone 13 will come with a smaller notch

AirPods Max battery drain

More reports of AirPods Max battery drain (Video)

Technology News

Wine 6

Wine 6.0 now available to download

Raspberry Pi Pico

Raspberry Pi Pico microcontroller officially launches for $4

Qualcomm Snapdragon 870 5G

Qualcomm boosted Snapdragon 870 5G mobile platform unveiled

Netflix

Netflix now has 200 million subscribers

Ninja Theory

Ninja Theory Project: Mara diaries explain more about recreating realistic environments

Android News

Samsung Galaxy S21 Ultra vs iPhone 12 Pro Max

Smartphone camera test: Samsung Galaxy S21 Ultra vs iPhone 12 Pro Max (Video)

Honor V40 5G

Honor V40 5G smartphone gets official

Samsung Galaxy S21 4G

4G version of the Samsung Galaxy S21 spotted at Bluetooth SIG

Infinix Hot 10 Play

Infinix Hot 10 Play smartphone unveiled

Samsung Galaxy S21

Samsung Galaxy S21 Pre-orders higher than Galaxy S20

Footer

About Us

  • About Geeky Gadgets
  • Advertise On Geeky Gadgets
  • Archives
  • Contact Us
  • Disclosure Policy
  • Free Newsletter
  • Geeky Gadgets Logo
  • Privacy Policy
  • Site Map

Further Reading

  • Auto News
  • Camera News
  • Concepts & Design
  • Entertainment News
  • Design News
  • Geeky Stuff
  • Apple iPad
  • Apple iPhone
  • Mobile Phone News
  • Sponsored
  • Tablet News

Copyright 2007 - 2020 Geeky Gadgets

We are using cookies to give you the best experience on our website.

You can find out more about which cookies we are using or switch them off in settings.

Geeky Gadgets
Powered by  GDPR Cookie Compliance
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.

Strictly Necessary Cookies

Strictly Necessary Cookie should be enabled at all times so that we can save your preferences for cookie settings.

If you disable this cookie, we will not be able to save your preferences. This means that every time you visit this website you will need to enable or disable cookies again.

Cookie Policy

More information about our Cookie Policy