- Rovi (ROVI +8.3%), hit hard last year by legal setbacks and licensing challenges, has announced a multi-year patent license deal with YouTube owner Google that covers Rovi's video discovery technologies. (PR)
- Rovi has also announced a video discovery IP licensing deal with Samsung that covers mobile devices, a licensing deal with LG related to video metadata (i.e. information about video content) for smart devices, and a multi-year renewal of its DivX video codec licensing deal with Sharp that covers the next-gen HEVC video compression format.
- Terms for the licensing deals are undisclosed.
Rovi jumps following licensing deals with Google, Sharp, Samsung, LG
Jan 8 2014, 10:51 ET