Piper Jaffray Reiterates Overweight on Rovi Corp. (ROVI) Following AT&T/DTV License Agreement

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Rovi and AT&T Agree to Seven-Year Renewal and Expansion of License Agreement

December 23, 2015 8:00 AM EST

SANTA CLARA, Calif.--(BUSINESS WIRE)-- Rovi Corporation (NASDAQ: ROVI) today announced that Rovi has renewed its patent license agreement with AT&T, the worlds leading provider of premium TV entertainment. The comprehensive seven-year agreement provides AT&T worldwide access to Rovis best-in-class entertainment discovery patent portfolio. The deal also extends the existing product agreements between the companies.

For years, Rovis intellectual property has enabled... More