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Technology Stocks : Rovi Corporation (ROVI)

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From: JakeStraw3/21/2011 9:08:26 AM
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Rovi Signs IPG Intellectual Property License Agreement With Videotron
finance.yahoo.com

Addition of Canadian Telecommunications Company Videotron Continues Expansion of Rovi Licensing Program With North American Service Providers Across Multiple Platforms

SANTA CLARA, Calif., March 21, 2011 (GLOBE NEWSWIRE) -- Rovi Corporation (Nasdaq:ROVI) announced today that Rovi has entered into a multi-year agreement with Videotron whereby Videotron has licensed the interactive program guide (IPG) patent portfolio owned by Rovi. The agreement provides Videotron with a license to Rovi patent intellectual property for IPGs across multiple platforms including certain set top box, online and mobile platforms.

"Our announcement with Videotron marks the growth of our licensing program with service providers in North America for Rovi IPG intellectual property across multiple platforms," said Samir Armaly, senior vice president of worldwide licensing, Rovi. "MSOs like Videotron are committed to providing their customers with an enjoyable entertainment experience, regardless of whether they are in the home or on the go, and the guide is instrumental in helping them easily find out what's on TV."
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