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 and TV service providers. It also manages metadata for TV content and sells this data to cable companies.
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