Rovi Signs New Patent License Agreement with Samsung for Mobile and Tablet Devices

Rovi's picture
Printer-friendly versionPrinter-friendly versionPDF versionPDF version

Posted on January 8, 2014 - Las Vegas (Consumer Electronics Show 2014)\

Rovi Corporation (NASDAQ: ROVI), a global leader in entertainment discovery, today announced that it has signed a new multi-year patent license agreement with Samsung for the use of Rovi video discovery patents and technologies across Samsung’s mobile and tablet devices worldwide.

“We have been proudly working with Samsung over the years on advancing the consumer experience.  As the company continues to make great consumer electronic devices for the market, we’ve grown our capabilities to meet their needs,” said Samir Armaly, executive vice president, Worldwide Intellectual Property and Licensing, at Rovi. “We’re pleased to expand upon our business relationship with Samsung, and we look forward to continuing to work with them on their next innovation.”

About Rovi Corporation

Rovi is leading the way to a more personalized entertainment experience. The company’s pioneering guides, data, and recommendations continue to drive program search and navigation on millions of devices on a global basis. With a new generation of cloud-based discovery capabilities and emerging solutions for interactive advertising and audience analytics, Rovi is enabling premier brands worldwide to increase their reach, drive consumer satisfaction and create a better entertainment experience across multiple screens. The company holds over 5,000 issued or pending patents worldwide and is headquartered in Santa Clara, California. Discover more about Rovi 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 September 30, 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.

News Source : Rovi Signs New Patent License Agreement with Samsung for Mobile and Tablet Devices

Copy this html code to your website/blog to embed this press release.