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Stock impact report

ITC Reaffirms TiVo’s Second Infringement Victory

TIVO (TIVO) 
Last tivo earnings: 2/18 04:10 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.tivo.com
Company Research Source: Business Wire
SAN JOSE, Calif.--(BUSINESS WIRE)--TiVo Corporation (NASDAQ: TIVO) was the beneficiary of a final determination issued today by the International Trade Commission (ITC) reaffirming that Comcast’s X1 platform once again infringes Rovi’s (a subsidiary of TiVo) patents.“This is yet another win for TiVo – our second victory against Comcast this year. The Federal Circuit’s decision on March 2 affirmed the ITC’s final determination in our first ITC case against Comcast to ban the importation of Comcast’s set-top boxes that infringe Rovi’s patents. Today’s final determination in our second ITC case against Comcast reaffirms that Comcast’s X1 entertainment experience continues to violate TiVo’s patent rights,” said Arvin Patel, executive vice president and chief intellectual property officer at Rovi Corporation, a TiVo company. “These rulings confirm that Comcast is subject to the ITC’s jurisdiction and cannot avoid liability for infringing TiVo’s patents.”“Our Emmy Award-winning technolo Show less Read more
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