TiVo and WaveDivision Holdings Partner to Deliver Market-Leading Video Experience
March 26 2014 - 8:30AM
Marketwired
TiVo and WaveDivision Holdings Partner to Deliver Market-Leading
Video Experience
Co-Branded Offerings to Bring Advanced Multi-Screen and
Whole-Home Television Solutions
SAN JOSE, CA and KIRKLAND, WA--(Marketwired - Mar 26, 2014) -
TiVo Inc. (NASDAQ: TIVO), a leader in the advanced television
entertainment market, and WaveDivision Holdings LLC, a top 20 cable
service provider, today announced a partnership to develop and
deploy co-branded versions of TiVo's primary whole-home television
solution and user experience for advanced TV offerings across TV,
Web and Mobile platforms. WaveDivision intends an initial
deployment in mid-2014.
Through this agreement, Wave Broadband will market and deploy
co-branded versions of TiVo's complete suite of whole-home products
and services as its primary offering for residential and business
customers. Featuring advanced set-top boxes and other
components, this will deliver a consistent TV experience spanning
TiVo's cloud-based Service, its whole-home gateway DVR (T6), TiVo
Mini, TiVo Stream, the TiVo experience on Digital Transport
Adapters (DTAs), plus multi-screen experience through TiVo Web, iOS
and Android mobile applications.
The products will be available as a primary offering to all of
Wave's 415,000 residential and business customers including Wave
Broadband subscribers in Washington, Oregon and California, and
Astound customers in the San Francisco Bay area, specifically San
Francisco, Daly City, South San Francisco, Burlingame, San Mateo,
Redwood City, Walnut Creek, Martinez, Pleasant Hill, and
Concord.
"We are excited to be working with TiVo to bring our customers
access to more content choices and a superior, more personalized
viewing experience on all screens in and out of the home," said
Steve Weed, Wave CEO. "Through this partnership with TiVo, we will
bring a new standard of viewing experience to our key markets,
while providing an optimized combination of all the great Wave and
Astound content available now, plus access to new broadband
content. We are confident that in return, our business will reap
the benefits of improved subscriber satisfaction."
Thomas Elam, TiVo's Vice President and GM, Service Provider
Business, said, "We are thrilled to partner with WaveDivision to
offer TiVo's complete suite of co-branded products and services to
Wave Broadband and Astound customers, many of whom are right in
TiVo's backyard in Northern California. Our roster of operator
partners continues to grow thanks in large part to our proven
ability to deliver the best multi-platform, fully integrated TV
viewing experience. Operators like Wave love that the TiVo solution
is cost-effective, customizable and quickly deployed -- allowing
them to delight their consumers and remain competitive in
market."
About Wave Division Holdings WaveDivision Holdings, LLC is a
cable and broadband services company providing advanced cable TV,
true high-speed Internet and Phone services to more than 415,000
residential and business customers in the communities, and
surrounding suburbs, of the Seattle, Portland, San Francisco and
Sacramento markets. Wave is headquartered in Kirkland,
Washington. Owned and operated by local industry leaders, Wave
supports its customers with decades of cable know-how. Serving
customers under two retail brand names; Wave Broadband in the
Seattle, Portland and Sacramento DMAs, and Astound in the San
Francisco DMA -- the company's mission is to provide all customers
with the latest technologies and upgrades. Wave was recently
recognized by CableFAX Magazine with the prestigious Independent
Cable Operator of the Year award. Wave also debuted on PC
Magazine's 2012 list of Top 10 Fastest ISPs in the nation. The
company's Business Solutions division delivers redundant fiber
rings that serve local governments and businesses of all sizes,
including well-known Fortune 100 companies and brands, with major
fiber hubs in West Coast markets. For more information about
WaveDivision Holdings, visit www.wavebroadband.com or
www.astound.net.
About TiVo Founded in 1997, TiVo Inc. (NASDAQ: TIVO) developed
the first commercially available digital video recorder (DVR).
Today TiVo is a global leader in advanced television service for
virtually any platform or device. TiVo offers its service directly
to consumers, and also distributes its technology and services
through solutions tailored for cable, satellite and broadcasting
companies. Since its founding, TiVo has evolved into the ultimate
single-solution media center by combining its patented DVR
technologies and universal cable box capabilities with the ability
to aggregate, search and deliver millions of pieces of broadband,
cable and broadcast content directly to the television. TiVo also
continues to weave itself into the fabric of the media industry by
providing interactive advertising solutions and audience research
and measurement ratings services to the television industry
www.tivo.com.
This release contains forward-looking statements within the
meaning of the Private Securities Litigation Reform Act of 1995.
These statements relate to, among other things, to the future
deployment of TiVo products and services by WaveDivision Holdings
LLC. Forward-looking statements generally can be identified by the
use of forward-looking terminology such as, "believe," "expect,"
"may," "will," "intend," "estimate," "continue," or similar
expressions or the negative of those terms or expressions. Such
statements involve risks and uncertainties, which could cause
actual results to vary materially from those expressed in or
indicated by the forward-looking statements. Factors that may cause
actual results to differ materially include delays in development,
competitive service offerings and lack of market acceptance, as
well as the other potential factors described under "Risk Factors"
in the Company's public reports filed with the Securities and
Exchange, including the Company's Annual Report on Form 10-K for
the fiscal year ended January 31, 2014 and Current Reports on Form
8-K. The Company cautions you not to place undue reliance on
forward-looking statements, which reflect an analysis only and
speak only as of the date hereof. TiVo disclaims any obligation to
update these forward-looking statements.
Contacts: Steve Wymer TiVo Inc. (408) 519-9254 Jennifer Jeter
WaveDivision Holdings LLC 425-576-8200
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