TiVo Renews Intellectual Property License Deal With Alticast
March 14 2018 - 8:00AM
Business Wire
Agreement Will Enable Alticast to Continue
Delivering Innovative Content Discovery Solutions to Leading Pay-TV
Providers in Korea
TiVo Corporation (NASDAQ: TIVO), a global leader in
entertainment technology and audience insights today announced that
Alticast, an end-to-end media technology provider, has renewed its
intellectual property (IP) license to deliver advanced
entertainment products in Korea.
The IP license covers the patent portfolio of Rovi Corporation,
a TiVo company, enabling Alticast to deliver video solutions to
Korea’s leading entertainment industry players, including IPTV,
cable and direct-to-home (DTH) platform providers.
As the leading supplier of middleware, interactive program guide
(IPG), content protection, Service Delivery Platform (SDP), UX
virtualization and OTT products for the advanced Korean pay-TV
market, Alticast is committed to providing innovative solutions for
platforms in today’s competitive market. “With access to a TiVo
patent portfolio, we can further deliver advanced, future-ready
solutions for our customers to stay relevant amidst a fragmented
market, while providing high-performance entertainment experiences
to consumers,” said Dosa Park, Head of Platform Business Division,
Alticast.
“This license agreement emphasizes the value TiVo’s innovations
bring to the competitive, rapidly expanding entertainment
industry,” said Arvin Patel, executive vice president and chief
intellectual property officer, Rovi Corporation, a TiVo company.
“We are excited to further collaborate with Alticast in helping to
enable pay-TV platform providers in Korea to offer unique,
innovative and personalized entertainment experiences.”
TiVo has spent decades investing in research and development to
create market-leading technologies for the media and entertainment
industry. TiVo’s innovative solutions touch practically every
aspect of consumers’ day-to-day interaction with their
entertainment, enabling customers to build customized,
next-generation digital entertainment solutions for users around
the globe.
About TiVo
TiVo Corporation (NASDAQ: TIVO) is a global leader in
entertainment technology and audience insights. From the
interactive program guide to the DVR, TiVo delivers innovative
products and licensable technologies that revolutionize how people
find content across a changing media landscape. TiVo enables the
world’s leading media and entertainment providers to deliver the
ultimate entertainment experience. Explore the next generation of
entertainment at tivo.com or follow us on Twitter @tivo or
@tivoforbusiness.
Caution Concerning Forward-Looking Statements
This press release contains forward-looking statements. Readers
are cautioned that such forward-looking statements involve risks
and uncertainties that could cause actual events or our actual
results to differ materially from those expressed in any such
forward-looking statements. Readers are directed to TiVo’s periodic
and other reports filed with the Securities and Exchange Commission
(SEC) for a description of such risks and uncertainties. TiVo
undertakes no obligation to update any forward-looking
statements.
TiVo and the TiVo logo are registered trademarks of TiVo
Corporation and its subsidiaries worldwide.
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version on businesswire.com: http://www.businesswire.com/news/home/20180314005179/en/
Ying Communications for TiVoVenelyn Chin, +65 3157
5632yingtivo@yingcomms.com
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