Friday, April 29, 2016

From TV trailblazer to IP afterthought: TiVo bought for $1.1 billion | Ars Technica

From TV trailblazer to IP afterthought: TiVo bought for $1.1 billion | Ars Technica: "Entertainment company Rovi announced that it has officially acquired DVR maker TiVo in a deal worth $1.1 billion. Rovi will pay for the deal mostly in stock at $10.70 per share, with approximately $277 million to be paid in cash at $2.75 per share. Rovi's CEO Tom Carson will continue to run the company, although it will now assume the "iconic TiVo brand" as its name."

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