TiVo Corporation (NASDAQ:TIVO) Files An 8-K Other Events

0

TiVo Corporation (NASDAQ:TIVO) Files An 8-K Other Events
ITEM 8.01 Other Events.

United States International Trade Commission Recommendation

On June 12, 2017, TiVo Corporation (“we” or the “Company”) received the recommendation of the Administrative Law Judge (“ALJ”) of the International Trade Commission. We are very pleased that the International Trade Commission ALJ has recommended an exclusion order and cease and desist orders against Comcast, Arris and Technicolor based on his previous findings in the initial determination issued on May 26, 2017. We look forward to the full Commission adopting this recommendation as part of its final determination in the case later this year. The Company is also pleased that as part of the initial determination, none of the six asserted patents was found patent ineligible under the Alice test and five of those patents were found to be valid on all other grounds by the ALJ. We remain hopeful that Comcast will enter into the necessary licenses for our patent portfolios. However, until that happens, remedies such as the one recommended by the ALJ in this matter will help ensure that our valuable intellectual property is not used without the proper authorization and that Comcast maintains an even playing field with the rest of the major U.S. Pay-TV providers, who have all taken out proper licenses to our innovation.


About TiVo Corporation (NASDAQ:TIVO)

TiVo Corporation, formerly Titan Technologies Corporation, is a holding company. The Company’s subsidiaries include Rovi Corporation and TiVo Inc. The Company, through TiVo Inc., is engaged in providing video technology software services and cloud-based software-as-a-service solutions. TiVo Inc.’s software and cloud-based services provide an approach for navigating content chaos by combining live, recorded, Video on Demand (VOD) content into an intuitive user interface with universal search, discovery, viewing and recording, and creating a unified viewing experience. The Company, through Rovi Corporation, provides a set of content discovery solutions that are embedded in its customers’ products and services to connect consumers with entertainment, including device embedded and cloud-based interactive program guides (IPGs), natural language conversational voice and text search and recommendation services, among others.