TiVo Renews Intellectual Property License Agreement With VIZIO

TiVo Corporation (NASDAQ: TIVO), a global leader in entertainment technology and audience insights, today announced that TiVo has renewed its patent license agreement with leading TV manufacturer VIZIO. Under the terms of the agreement, the multi-year license renewal extends VIZIO’s use of TiVo’s patent portfolios for the company’s products.

“TiVo’s intellectual property (IP) continues to provide companies around the globe with access to the technologies transforming entertainment for viewers,” said Arvin Patel, executive vice president and chief intellectual property officer, Rovi Corporation, a TiVo company. “Our license renewal with VIZIO underscores the significance of TiVo’s portfolio and our leadership position in advancing entertainment technologies.”

The TiVo companies have 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.