TiVo, a wholly-owned subsidiary of Xperi Holding Corporation (NASDAQ: XPER), and CommScope (NASDAQ: COMM) today announced a multi-year extension and expansion of agreements for TiVo’s media-related patent portfolios.
The announcement represents an ongoing collaboration between CommScope and TiVo to offer global service providers a variety of platform options to deliver heightened video delivery experiences and OTT services to subscribers.
“We are proud to extend and expand our licensing agreements with CommScope,” said Samir Armaly, president of intellectual property at Xperi. “CommScope is a leader in communications technology, and we are excited to build on our existing relationship with them as they continue to innovate across set-top platforms and video delivery devices."
TiVo notes has spent decades investing in research and development to create market-leading technologies and broadly licensing them to the media and entertainment industry. TiVo contends that its innovations make it easier for viewers to find, watch, and enjoy all their content across multiple platforms.
"The licenses provided under our expanded agreement will enable CommScope to continue creating and delivering the very best experience for their customers,” concluded TiVo's Armaly.