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Technology Stocks : Rovi Corporation (ROVI)

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From: JakeStraw	7/13/2010 8:50:14 AM
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Rovi and Unitymedia Sign IPG Patent License Agreement finance.yahoo.com Agreement With Liberty Global Subsidiary Marks Continued Growth of Rovi Licensing Program in Europe SANTA CLARA, Calif. and COLOGNE, Germany, July 13, 2010 (GLOBE NEWSWIRE) -- Rovi Corporation (Nasdaq:ROVI) and Unitymedia today announced that they have entered into a multi-year license agreement for interactive program guide (IPG) patents owned by Rovi. The agreement provides Unitymedia with a license to Rovi's IPG patents for Unitymedia's pay television services in Germany. Unitymedia, a subsidiary of Liberty Global, Inc., is the second largest cable television provider in Germany and one of the largest pay television providers throughout Europe. The agreement with Unitymedia builds on the existing relationship between Rovi and other Liberty Global subsidiaries such as UPC Broadband.

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