Αρχική iptv-news TiVo proactively working on split

TiVo proactively working on split

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One year after TiVo first announced its strategic review the company has still to make a decision on its future.

TiVo was acquired by Rovi in 2016 for $1.1 billion. Rovi subsequently took on the Rovi name and began to fuse together its intellectual property business with the interests of the TiVo DVR.

“We do agree that the process has taken longer than we would had hoped particularly because of the complexity and uniqueness of our two businesses,” said Raghu Rau, Interim President and Chief Executive Officer, adding that while he hoped to provide an update in the next quarter he was unwilling to put a time limit on when any outcome might be delivered.

Revenues slipped by 21% on the quarter to $168,459,000.



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