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April 29, 2016 11:42 am GMT
You might not know Rovi, but the company is apparently quite big as it is acquiring TiVo for $1.1 billion in a cash-and-stock deal. Rovi holds a bunch of patents related to the entertainment industry and does a lot of software licensing to set-top box makers. It also manages metadata for TV content and sell them to cable companies, etc. Read More
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/QKEZhU6yUz8/
TiVo is getting acquired by Rovi for $1.1 billion
You might not know Rovi, but the company is apparently quite big as it is acquiring TiVo for $1.1 billion in a cash-and-stock deal. Rovi holds a bunch of patents related to the entertainment industry and does a lot of software licensing to set-top box makers. It also manages metadata for TV content and sell them to cable companies, etc. Read MoreOriginal Link: http://feedproxy.google.com/~r/Techcrunch/~3/QKEZhU6yUz8/
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