Rovi and Unitymedia Sign IPG Patent License Agreement
Agreement with Liberty Global Subsidiary Marks Continued Growth of Rovi Licensing Program in Europe
Santa Clara, Calif., and Cologne, Germany, 7/13/2010 - 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.
“The addition of Unitymedia to our patent program marks our continued momentum with leading operators worldwide,” said Samir Armaly, senior vice president of licensing, Rovi. “This announcement highlights the importance that our intellectual property offers to service providers, especially as they look to bring technologies to their customers that help them navigate programming content.”
Unitymedia is the second largest cable operator in Germany and a wholly-owned subsidiary of Liberty Global, Inc. Unitymedia provides analogue and digital cable television services as well as Internet and telephony services to its customers who reside in the upgraded network area in the federal states of North Rhine-Westphalia and Hesse. Unitymedia’s cable network, which passes approximately 8.8 million homes, is one of the most technically advanced in Europe. As of 31 March 2010, Unitymedia had approximately 4.5 million video subscribers, including 1.4 million digital video revenue generating units (RGUs), 639,000 Internet RGUs and 638,000 telephony RGUs. More information on Unitymedia can be found at http://www.unitymedia.de.
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.
# # #
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:
+1 (408) 562-3077