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Technology Stocks : Rovi Corporation (ROVI)

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From: JakeStraw9/20/2010 3:13:08 PM
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Rovi Signs Technology Pact With Apple
online.wsj.com

Analysts said it was likely that Rovi was providing a technology to be used inside Apple's iTunes service, and possibly in connection with the recently re-launched Apple TV product from the consumer-electronics giant.

Collins Stewart analyst John Vinh estimated the deal was likely similar to a recent pact struck with Comcast Corp. and pegged the revenue gain at about $10 million a year for Rovi.
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