TiVo is getting acquired by Rovi for $1.1 billion

 You might not know Rovi, but the company is apparently quite big as it is acquiring TiVo for $1.1 billion in a cash-and-stock deal. Rovi holds a bunch of patents related to the entertainment industry and does a lot of software licensing to set-top box makers. It also manages metadata for TV content and sell them to cable companies, etc. TiVo has been a pioneer in the DVR space. Many people gave… Read More