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April 29, 2016 07:32 am -04

TiVo will be acquired by patent giant Rovi for $1.1 billion

Rovi has agreed to acquire DVR maker TiVo in a deal worth $1.1 billion. The acquisition, which was rumored to be close to completion in March, will be part cash, part shares -- only $277 million will actually change hands, with the rest of the figure...

Original Link: http://www.engadget.com/2016/04/29/rovi-tivo-acquisition-agreement/

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Engadget

Engadget is a web magazine with obsessive daily coverage of everything new in gadgets and consumer electronics. Engadget was launched in March of 2004 in partnership with the Weblogs, Inc. Network (WI

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