Blog Exposure - TiVo Signs Multi-Year Licensing Agreement with Europe’s Fnac Darty Group

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LONDON, UK / ACCESSWIRE / May 18, 2018 / If you want access to our free research report on TiVo Corp. (NASDAQ: TIVO), all you need to do is sign up now by clicking the following link www.active-investors.com/registration-sg/?symbol=TIVO as the Company's latest news hit the wire. On May 16, 2018, the Company disclosed that it has signed a multi-year intellectual property (IP) license agreement with Fnac Darty Group, for the consumer electronics brands of the latter. The financial terms and other details of the agreement were not shared by any of the two Companies. Register today and get access to over 1,000 Free Research Reports by joining our site below:

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Active-Investors.com is focused on giving you timely information and the inside line on companies that matter to you. This morning, TiVo most recent news is on our radar and our team decided to put out a fantastic report on the company that is now available for free below:

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Scope of the Licensing Agreement

As per the terms of the multi-year, multi-region European IP license agreement, Fnac Darty will be able to use TiVo's patented innovations for enhancing Fnac Darty branded set-top box (STB) and TV products. The agreement will help Fnac Darty to deploy various TiVo technologies in Europe.

TiVo has a rich research and development (R&D) history, in which its investments over the years have led to the creation of market-leading technologies for the media and entertainment industry. TiVo's technologies cover every aspect of consumers' day-to-day interaction with their entertainment. This helps businesses to create customized, next-generation digital entertainment solutions for users worldwide.

Commenting on the signing of the license agreement with Fnac Darty, Arvin Patel, EVP and Chief IP Officer, Rovi Corp., a TiVo Company, said:

"TiVo's engagement with Fnac Darty demonstrates our leadership in delivering the ultimate entertainment experience to consumers across Europe. It is testament to our broad patent portfolios and innovations that are increasingly important to advanced search and discovery in the consumer electronics market. We're pleased to help Fnac Darty expand its offerings and grow its customer base with our innovations."

About Fnac Darty Group

Seine, France-based Fnac Darty came into existence in July 2016 when Fnac acquired Darty. Fnac Darty is a leading retailer of entertainment and leisure products, consumer electronics, and household appliances in Europe. The Group has over 728 stores, of which 510 stores are in France and over 218 stores in key locations worldwide. The Group employs over 26,000 people globally, out of which 19,000 employees are in France. The Group's turnover was €7.448 billion for FY17.

About TiVo Corp.

San Jose, California-based TiVo is a global leader in entertainment technology and audience insights. The Company delivers innovative products and licensable technologies that revolutionize how people find content across a changing media landscape, from the interactive program guide to the DVR. The Company enables the world's leading media and entertainment providers to deliver the ultimate entertainment experience to its customers. The Company, through its innovation, designs, audience insights, and customer dedication, aims at creating the next generation of entertainment.

Stock Performance Snapshot

May 17, 2018 - At Thursday's closing bell, TiVo's stock declined 1.69%, ending the trading session at $14.55.

Volume traded for the day: 940.94 thousand shares.

Stock performance in the previous three-month period – up 6.99%

After yesterday's close, TiVo's market cap was at $1.77 billion.

Price to Earnings (P/E) ratio was at 31.49.

The stock has a dividend yield of 4.95%.

The stock is part of the Services sector, categorized under the CATV Systems industry.

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