SANTA CLARA, Calif.--(BUSINESS WIRE)--Rovi Corporation (NASDAQ: ROVI) today announced that Rovi 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 Rovi’s patent portfolio for the company’s products.
“Rovi’s patent portfolio has aided the top global consumer electronics manufacturers with transforming entertainment consumption for viewers around the world,” said Samir Armaly, executive vice president, intellectual property and licensing, Rovi. “Our license renewal with VIZIO reinforces the significance of Rovi’s portfolio of patents and our leadership position in advancing content discovery.”
About Rovi Corporation
Rovi is leading the way to a more personalized entertainment experience. The company’s pioneering guides, metadata and recommendations continue to drive program search and navigation on millions of devices across the globe. With a new generation of cloud-based discovery capabilities and emerging solutions for interactive advertising and audience analytics, Rovi is enabling premier brands worldwide to increase their reach, drive consumer satisfaction and create a better entertainment experience across multiple screens. Rovi holds over 5,000 issued or pending patents worldwide and is headquartered in Santa Clara, California. Discover more about Rovi at Rovicorp.com.
All statements contained herein that are not statements of historical fact, including statements that use the words “will” or “is expected to,” or similar words that describe the Company’s or its management’s future plans, objectives or goals, are “forward-looking statements” and are made pursuant to the Safe-Harbor provisions of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that could cause the actual results of the Company to be materially different from the historical results and/or from any future results or outcomes expressed or implied by such forward-looking statements. Such factors are further addressed in the Company’s most recent report on Form 10-Q for the period ended March 31, 2015, and such other documents as are filed with the Securities and Exchange Commission from time to time (available at www.sec.gov). The Company assumes no obligation to update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this release, except as required by law.