TiVo Corporation has announced that Sony Corporation, a global leader in consumer electronics, has renewed its multi-year intellectual property (IP) license agreement. The license to TiVo’s patent portfolios covers all of Sony’s worldwide products and services.
“This license agreement accentuates the value TiVo’s patent portfolios bring to the fast-growing and competitive entertainment industry,” said Arvin Patel, executive vice president and chief intellectual property officer, Rovi Corporation, a TiVo company. “We are delighted to continue our long-standing relationship and renew our multi-year license agreement with one of world’s leading entertainment companies.”
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. - Business Wire