TiVo Renews Intellectual Property License Deal With Alticast

14-Mar-2018 Intellasia | BusinessWire | 7:00 PM Print This Post

Agreement Will Enable Alticast to Continue Delivering Innovative
Content Discovery Solutions to Leading Pay-TV Providers in Korea

SINGAPORE–(BUSINESS WIRE)–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.

Contacts

Ying Communications for TiVo
Venelyn Chin, +65 3157 5632
[email protected]

 


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