Rovi and Google Enter Multi-Year Patent License Agreement
Rovi Patent Portfolio to be licensed for New Google Fiber Pay TV Service
Santa Clara, Calif. - 8/2/2012 - Rovi Corporation (NASDAQ: ROVI) today announced that it has signed a multi-year patent licensing agreement with Google. The agreement provides a license under Rovi’s interactive program guide patent portfolio for Google Fiber set-top boxes and related online and mobile platforms.
“Our agreement with Google furthers the growth of our patent licensing program for traditional platforms and also for new media experiences across multiple screens,” said Samir Armaly, EVP, worldwide Intellectual Property & Licensing, Rovi. “We are pleased to be part of an exciting new project like Google Fiber.”
*Note: This version includes corrections as of August 8, 2012.
About Rovi Corporation
Rovi powers the discovery, delivery, display and monetization of digital entertainment. With innovative technology solutions for consumer electronics manufacturers, service providers, content producers, advertisers, retailers and websites, Rovi connects people and the entertainment they love. The company holds over 5,000 issued or pending patents worldwide and is headquartered in Santa Clara, California. More information about Rovi can be found at rovicorp.com.
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Forward Looking Statements
All statements contained herein that are not statements of historical fact, including statements that use the words "will" or "is expected to," or similar words that describe the Company's or its management's future plans, objectives, or goals, are "forward-looking statements" and are made pursuant to the Safe-Harbor provisions of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that could cause the actual results of the Company to be materially different from the historical results and/or from any future results or outcomes expressed or implied by such forward-looking statements. Such factors are further addressed in the Company's most recent report on Form 10-Q for the period ended March 31, 2013 and such other documents as are filed with the Securities and Exchange Commission from time to time (available at http://www.sec.gov/). The Company assumes no obligation to update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this release, except as required by law.
For more information, contact:
Chris Taylor
Rovi Corporation
+1 (408) 562-3077
Chris.D.Taylor@rovicorp.com