Tuesday, September 21, 2010

Apple Licenses Intellectual Property from Rovi




Apple has signed a multi-year agreement to license intellectual property from Rovi, according to a filing made with the U.S. Securities and Exchange Commission today.

Rovi Corporation (the "Company") announced today that it has entered into a multi-year agreement with Apple Inc. whereby Apple shall license intellectual property from the Company. The specific terms of the license agreement are confidential.

Rovi Corporation is a globally-operating, US-based company that provides guidance technology, entertainment data, copy protection, industry standard networking and media management technology for digital entertainment devices and services. Its customers include consumer electronics manufacturers, cable television and satellite television operators, movie studios and online entertainment portals and content distributors. [W]



*thanks iclarified*

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