Digital TV companies
Digital TV company Rovi is buying TiVo in $1.1 billion deal
Digital TV listing company Rovi is buying TiVo in a cash-and-stock deal valued at about $1.1 billion.
Rovi Corp. said Friday it will pay $10.70 in cash and stock for each TiVo Inc. share. Rovi will pay $2.75 per share in cash, or about $277 million. The rest, $7.95 per share, will be paid in stock.
Once the deal closes, the combined business will use the TiVo name. TiVo is a digital video-recording company.
Rovi CEO Tom Carson will serve as chief executive of the new company. He said in a written statement on Friday that the buyout will help to extend services across platforms and expand its customer base. The transaction will add more than 10 million TiVo-served households to Rovi's current customer base of about 18 million households using its guides globally.
The companies anticipate at least $100 million in annual cost savings. The transaction is expected to add to Rovi's adjusted earnings per share within the first year after closing.
Both companies' boards have approved the deal, which is targeted to close in the third quarter. It still needs approval from both companies' shareholders.
Shares of TiVo, based in San Jose, were up 56 cents, or 6%, to $9.98 in early trading. Shares of Rovi, based in Santa Clara, climbed 67 cents, or 3.9%, to $18.02.
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Digital Decor TV Picture Viewer Photos On Any TV
CE (Digital Decor)
- Display your digital photos on any TV without a computer. View single and Multi-Photo Slideshows.
- 9 buttons (power, play/pause, menu, up, down, left, right, volume
- Memory cards: CF-1, SD/SDHC/MMC, MS/MS-Duo/MS-Pro/MS-Pro Duo, xD, USB flash drive
- Photo format: standard JPEG -Audio output: stereo (L/R)
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Digital Decor TV Picture Viewer Photos On Any TV
CE (Digital Decor)
- Display your digital photos on any TV without a computer. View single and Multi-Photo Slideshows.
- 9 buttons (power, play/pause, menu, up, down, left, right, volume
- Memory cards: CF-1, SD/SDHC/MMC, MS/MS-Duo/MS-Pro/MS-Pro Duo, xD, USB flash drive
- Photo format: standard JPEG -Audio output: stereo (L/R)
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Winegard FlatWave FL6550A Air Attic Outdoor HD TV Antenna
Speakers (Winegard Company)
- The future of Free HDTV replaces large unsightly outdoor antennas
- Antennas will vary on reception in regards to placement of the antenna & distance from the transmitting towers
- Dual band VHF/UHF driven element with integrated reflector
- State of the art ultra low noise split band digital amplifier
- Compact sleek design with flex mount system-Designed & assembled in the USA
- The future of Free HDTV replaces large unsightly outdoor antennas
- Antennas will vary on reception in regards to placement of the antenna & distance from the transmitting towers
- Dual band VHF/UHF driven element with integrated reflector,State of the art ultra low noise split band digital amplifier
- Compact sleek design with flex mount system-Designed & assembled in the USA
- Ideal Mile Range:60 plus miles
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Winegard FlatWave Amped FL5500A Amplified Digital Indoor HD TV Antenna (OTA / High-VHF / UHF / Ultra-Thin / Black and White - Reversible / USB Power Supply) - 50 Mile Long Range
Speakers (Winegard Company)
- IMPORTANT NOTE: Please download the manual below the product descriptoin. The most advanced indoor antenna
- Embedded Ultra Low Noise Amplifier with Clear Circuit TechnologyTM (1.0 dB typical noise figure)
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- Clear Circuit Technology: Ultra-low noise preamplifier embedded directly at the antenna elements, 1dB noise (typical), compared to 3dB+ from other preamplifiers
- Multi-directional, Designed and made in the USA
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Noah Company High Definition Portable Digital TV and DVD Player
Toy (Noah Company)
- Swivel 9 hi-definition LCD, 800 x 480 resolution
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