TiVo Signs License Pact with Roku

TiVo has signed a multi-year intellectual property (IP) license agreement with Roku, the company said pre-market Wednesday. The IP license covers the TiVo and Rovi Corporation patent portfolios as well as the over-the-top (OTT) assets of the Intellectual Ventures patent portfolio under the TiVo/IV licensing partnership.

Additionally, the agreement includes an option for Roku to access TiVo’s entertainment metadata and other TiVo products to power search and navigation.

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