TiVo has announced that Alticast, an end-to-end media technology provider, has renewed its intellectual property (IP) licence to deliver advanced entertainment products in Korea.
The IP licence covers the patent portfolio of Rovi Corporation, a TiVo company, enabling Alticast to deliver video solutions to Korea’s leading entertainment industry players, including IPTV, cable and DTH platform providers.
“With access to a TiVo patent portfolio, we can further deliver advanced, future-ready solutions for our customers to stay relevant amidst a fragmented market, while providing high-performance entertainment experiences to consumers,” said Dosa Park, Head of Platform Business Division, Alticast.
“This licence agreement emphasises the value TiVo’s innovations bring to the competitive, rapidly expanding entertainment industry,” said Arvin Patel, executive vice president and chief intellectual property officer, Rovi Corporation, a TiVo company. “We are excited to further collaborate with Alticast in helping to enable pay-TV platform providers in Korea to offer unique, innovative and personalised entertainment experiences.”