TiVo today announced they signed a multi-year intellectual property (IP) license agreement with Roku, Inc.
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 high-quality entertainment metadata and other TiVo products to further power intuitive search and navigation.
“This license agreement with Roku underscores the importance of TiVo’s comprehensive patent portfolios for the fast-growing streaming entertainment industry,” said Samir Armaly, executive vice president, intellectual property and licensing, Rovi Corporation, a TiVo company. “We look forward to supporting Roku with innovative entertainment enhancements that will be enjoyed for years to come by its current and future customers.”
