Rovi Renames Itself TiVo After Buyout, Launches UX Interface

Rovi has completed its $1.1 billion cash and stock deal to acquire DVR pioneer TiVo and, in an unusual move, announced that it would rename itself after the company it just purchased. The company also unveiled TiVo UX, its new on-screen user experience that integrates programming options from multiple platforms for a seamless search and recommendation interface. The new UI — featuring TiVo’s innovative Prediction tech — is designed to access content from TV and mobile sources quicker and easier, in an effort to “allow every device to become a primary screen for video consumption.” Continue reading Rovi Renames Itself TiVo After Buyout, Launches UX Interface

Rovi Agrees to Acquire DVR Pioneer TiVo in $1.1 Billion Deal

Rovi Corporation has agreed to purchase TiVo Inc. for $1.1 billion, in a deal that merges two TV tech patent holders as companies including Apple, Comcast and Google are looking to control the set-top box. The FCC is proposing to allow customers who rent STBs from cable companies to “buy their own boxes or alternatives, which would open up what is now a largely closed market,” reports Bloomberg. “This deal was driven by an increasingly competitive set-top box market,” said analyst Paul Sweeney of Bloomberg Intelligence. “Cable operators such as Comcast are investing serious capital to develop next-generation boxes that are threatening the TiVo and Rovi platforms.” Continue reading Rovi Agrees to Acquire DVR Pioneer TiVo in $1.1 Billion Deal

IPO Plan Details Benefits of ACR Software in Vizio Smart TVs

Vizio has sold more than 15 million smart TVs as part of its $3 billion per year business and is now ready to go public. Its recent IPO filing reveals how its smart TVs are tracking what consumers are watching. Inscape software embedded in Vizio screens can track anything being played — including cable TV, streaming devices and game systems. The technology, based on Automatic Content Recognition (ACR) software, can pull 100 billion datapoints from its connected TVs daily. The data should prove valuable to advertisers and content providers. Continue reading IPO Plan Details Benefits of ACR Software in Vizio Smart TVs