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Rovi buys TiVo for USD 1.1 bln

2016-05-01 23:02:00| Telecompaper Headlines

(Telecompaper) Rovi will be acquiring TiVo for USD 10.70 per share in cash and stock, translating into a total of USD 1.1 billion. The new company will continue to be led by Rovi CEO Tom Carson and upon closing of the transaction will adopt the TiVo brand as the new company name. The offer represents a premium of 40 percent over TiVo's closing price on 23 March. Rovi will finance the deal from cash on hand. The combined company will then have an estimated USD 150-270 million cash on hand at closing.

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TiVo grows subscriber base to 7 million

2016-04-20 16:00:02| Digital TV News

TiVo (NASDAQ: TIVO) has announced that it has reached 7 million subscriptions for TiVo-enabled platforms deployed by operators in both North America and Europe, including Virgin Media, Vodafone Spain, RCN, Cogeco and Suddenlink.

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Rovi in talks to acquire Tivo - report

2016-03-25 09:42:00| Telecompaper Headlines

(Telecompaper) Rovi is in advanced talks to acquire Tivo for an as yet undetermined price, the New York Times reported, citing sources briefed on the talks. The deal would merge the two companies, with Tivo shareholders receiving a combination of cash and stock, the sources said. Talks are still at a sensitive stage and could still fall through.

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TiVo to provide software and services to Buckeye CableSystem

2016-02-11 17:00:34| Digital TV News

TiVo (NASDAQ: TIVO) and Buckeye CableSystem, a US cable operator servicing northwest Ohio and southeast Michigan, have announced that TiVo will become the primary provider of the software, user experience and cloud services for Buckeye's TV offering.

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Four million international subscribers for TiVo

2015-11-09 14:30:45| Digital TV News

TiVo (NASDAQ: TIVO) has announced that the company has surpassed 4 million international subscriptions through its traditional TiVo offering, as the result of accelerated subscription growth in Europe.

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